[marquis]

Oct 14, 2020 19:29:30 GMT 1 jimmer33 said:

Oct 14, 2020 19:26:57 GMT 1 marquis said:

Estimates were more realistic than Christies'/Sotheby's deliberately low figures

bruh...the biggest and best auction houses in the world do that because they know what works...

It works at Christies and Sotheby's - are you honestly saying Tate would have achieved higher prices today by setting similarly low estimates? Nope.

[ullke🍾]

Everybody is discussing the Banksy but I'm over here happy to see Dface sell way above the estimate. Love the piece and really glad to see that Dface get some love

[gd79]

Oct 14, 2020 19:23:54 GMT 1 derivitive said:

5316437 also bought loads of the stickers and posters and other Banksy items.

Probably Laz, ready for the next emporium drop

[scnomad]

Are auction live feeds usually this shoddy, poor sound and badly organised? I imagine some potential bidders would have been put off by this amateur looking setup, disappointing for some of the sellers too no doubt!

[jimmer33]

Oct 14, 2020 19:30:56 GMT 1 marquis said:

Oct 14, 2020 19:29:30 GMT 1 jimmer33 said:

bruh...the biggest and best auction houses in the world do that because they know what works...

It works at Christies and Sotheby's - are you honestly saying Tate would have achieved higher prices today by setting similarly low estimates? Nope.

If they removed all the tons of crap they had mixed in and kept the auction focused then yes absolutely.
Too many items leads to saturation and exhaustion. It's game theory at work....
The whole purpose is to create a volume of bids and have bidders invested on the item. 


Like LV mentioned up top they underperformed with one of the hottest markets in the world because of this. 

[woodman]

Oct 14, 2020 19:23:44 GMT 1 lv90210 said:

Oct 14, 2020 19:22:26 GMT 1 jimmer33 said:

They truly screwed this up. You don't mix in these big ticket items with 200 trinkets for a 100 quids. 

Amateur hour - the sellers must be fuming... there was bigger bids in the market over the last week than this - ouch !!

How many did you manage to "steal" at these cheap prices? Or are you just not happy without records being smashed with every single Banksy sale?

[reg]

Wasn't the slickest operation was it? Even the auctioneer sounded bored.

[fusion0001]

Just ran the numbers of Banksy Price Index on Banksy-Value. The result is 14% down on Sotheby’s and Christie’s price levels and lands October index 13.4% down on September

[Carl Cashman Art]

Oct 14, 2020 19:23:38 GMT 1 gross said:

Market Is Starting to Cool Down – and It Could Get Worse

There's a difference between worse and sensible, unless people want the arse to fall out of the market completely with mental increases and even more extravagant expectations.

Prices are way up from 6 months ago and way beyond mosts expectations.

[redfred]

Jeez Ime going to have to get used to being poor again,

[Nuno]

Oct 14, 2020 19:42:42 GMT 1 fusion0001 said:

Just ran the numbers of Banksy Price Index on Banksy-Value. The result is 14% down on Sotheby’s and Christie’s price levels and lands October index 13.4% down on September

3 month or 6month average?

[Retired Collector]

Got distracted towards the end. What did the last couple of Stik's go for?

[lv90210]

Oct 14, 2020 19:42:42 GMT 1 fusion0001 said:

Just ran the numbers of Banksy Price Index on Banksy-Value. The result is 14% down on Sotheby’s and Christie’s price levels and lands October index 13.4% down on September

The sellers must be pissed off in SIZE - there was bigger bids out there in the market over the last two weeks.

Tate = posters ( not real art )

[artlife11]

Oct 14, 2020 19:45:22 GMT 1 Retired Collector said:

Got distracted towards the end. What did the last couple of Stik's go for?

Anyone know what the unsigned Laugh Now went for?

[tran16]

Oct 14, 2020 19:49:07 GMT 1 artlife11 said:

Oct 14, 2020 19:45:22 GMT 1 Retired Collector said:

Got distracted towards the end. What did the last couple of Stik's go for?

Anyone know what the unsigned Laugh Now went for?

The Standing Figures hammered at £4K
The Holding Hands signed set hammered at £5.5k

[als33]

Oct 14, 2020 19:49:07 GMT 1 artlife11 said:

Oct 14, 2020 19:45:22 GMT 1 Retired Collector said:

Got distracted towards the end. What did the last couple of Stik's go for?

Anyone know what the unsigned Laugh Now went for?

I think it hammered for 58K. It looked like it passed at 55K, did anybody else notice that on the Artsy feed?

[1st Design]

Oct 14, 2020 19:49:07 GMT 1 artlife11 said:

Oct 14, 2020 19:45:22 GMT 1 Retired Collector said:

Got distracted towards the end. What did the last couple of Stik's go for?

Anyone know what the unsigned Laugh Now went for?

www.tateward.com/auction/search/?au=35&sd=1&dr=1&pp=96&so=0&pn=3&g=1

[iamzero]

I was surprised at the Whatson Climber making £2k.

[UK Art Dealer]

Oct 14, 2020 19:49:07 GMT 1 artlife11 said:

Oct 14, 2020 19:45:22 GMT 1 Retired Collector said:

Got distracted towards the end. What did the last couple of Stik's go for?

Anyone know what the unsigned Laugh Now went for?

£58k hammer

[gross]

Oct 14, 2020 19:17:08 GMT 1 derivitive said:

Who is 8685526? They won a couple of Banksy prints and have bid on almost all. Same with 5316437 now.

POW and POW

[iamzero]

What would be the benefit of POW/ BBay buying up Banksy work?

[FЯ]

Oct 14, 2020 20:04:36 GMT 1 iamzero said:

What would be the benefit of POW/ BBay buying up Banksy work?

So the people can carry on their fantasy of him selling them back to real fans for £1 because he has nothing better to do.

Bbay will be e x p e n s i v e

[JFCC]

LN u/s went for £58k hammer so all up BP + ARR £77,640...which as it had 4 blue tack marks (one in each corner) is pretty good!!

[Deleted]

Oct 14, 2020 19:43:19 GMT 1 Carl Cashman Art said:

Oct 14, 2020 19:23:38 GMT 1 gross said:

Market Is Starting to Cool Down – and It Could Get Worse

There's a difference between worse and sensible, unless people want the arse to fall out of the market completely with mental increases and even more extravagant expectations.

Prices are way up from 6 months ago and way beyond mosts expectations.

Exactly. And unless I'm wrong, quite a few went for higher prices than they've achieved elsewhere. They just didn't all smash every expectation. 

[Mass]

Highlight for me was the auctioneer eating his bourbons and the recorder breaking his dairy milk on his desk

[redfred]

I have a number of POW tubes that once contained Banksy prints, do you think Tate Ward would auction them and how much should I expect?

[Rubberneck]

Oct 14, 2020 19:55:23 GMT 1 als33 said:

Oct 14, 2020 19:49:07 GMT 1 artlife11 said:

Anyone know what the unsigned Laugh Now went for?

I think it hammered for 58K. It looked like it passed at 55K, did anybody else notice that on the Artsy feed?

Yes I saw that..think the artsy feed was lagging at times

[F*X]

Oct 14, 2020 20:18:55 GMT 1 redfred said:

I have a number of POW tubes that once contained Banksy prints, do you think Tate Ward would auction them and how much should I expect?

I would have thought their value is not as much as you hoped for.

May be only £1800 per tube.

[WOOF]

Oct 14, 2020 18:52:01 GMT 1 trowel said:

No love for Faile

all four prints sold. Could be a lot worse, lots of passed lots.

[Gunny]

Anyone know what the Harland Millers sold for?