[fusion0001]

Watching this on Artsy and there has not been a single online bid until the last Thrower lot with all bidding happening from "floor" bids. In previous auctions it was mostly online bids; I wonder what is the reason for lack of any online bidding interest this time

[u%hdjfka c]

Mar 24, 2021 20:39:37 GMT 1 @cliffybyro said:

I just hope that the 'Thrower' buyer gets that pc coa!

Yes I'll forward it to them when I receive it

[irl1]

Mar 24, 2021 20:39:47 GMT 1 treblenobass said:

Mar 24, 2021 20:35:37 GMT 1 tab1 said:

Bidders at auction houses have full trust in an auction house and expect due diligence to be carried out and many purchases are made blindly without bidders conducting their own checks.
When these buyers come to sell their items privately, I expect potential buyers to carry out their own due diligence and first point of call would be to contact pest control whom have already stated that these are not authorized by pest control so may be a different state of affairs and effect sales on the private market.The general public would like many here initially thought, these were official Banksy authorized products.if a genuine bid, great for those that bought .

Now you sound like a broken record!! The history is unquestionable I have tried to help you & others understand on many occasions!! COA are not issued on many Banksy officially authorised items that’s not nothing new also 🤘🏻

How about everyone calls it a draw 

[Deleted]

Just spoke to Nick, morons is actually sold, its a glitch in the system

[sgolby]

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

[treblenobass]

Mar 24, 2021 20:41:44 GMT 1 @cliffybyro said:

treblenobass, more like whitenoise!

And on that note I'm out!

Disclosure. Great tune. Better than a broken record. At least I play 😎

[treblenobass]

Mar 24, 2021 20:42:46 GMT 1 irl1 said:

Mar 24, 2021 20:39:47 GMT 1 treblenobass said:

Now you sound like a broken record!! The history is unquestionable I have tried to help you & others understand on many occasions!! COA are not issued on many Banksy officially authorised items that’s not nothing new also 🤘🏻

How about everyone calls it a draw 

These idiots condone WAR every single day. I just have fun 🤩 

[iamzero]

Crash? Barcode just fetched £100k.

[sgolby]

Mar 24, 2021 20:46:09 GMT 1 @cliffybyro said:

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

Simple market forces maybe or an ensuing crash?

not a crash, the B man has scarcity working for him.  Perhaps just a slowing down and perhaps correction of sorts.  I mean it seems like every week for a while a new record was being set for one print or another. 

[Deleted]

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

I believe so.... and the unsigned are still showing a decline with signed still holding & gaining. Theres just soooooo much available at the moment, it's actually amazing these prices are holding. We're yet to see the ripples from todays and yesterdays big ticket items, so I'm confident prices will continue to rise (for signed at least) for the foreseeable future, especially when more and more are now landing in to the hands of the wealthy. The demand to 'available' ratio is technically rising all the time if the prints being bought at the moment are for mid-long term investment.

[als33]

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

I think most of it comes down to the auction house - if this was at one of the top houses the passed lots would have sold and the items with one bid would have had more.

[sgolby]

Mar 24, 2021 20:47:38 GMT 1 iamzero said:

Crash? Barcode just fetched £100k.

 not a ton for a signed barcode honestly speaking 

[Deleted]

Mar 24, 2021 20:49:39 GMT 1 als33 said:

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

I think most of it comes down to the auction house - if this was at one of the top houses the passed lots would have sold and the items with one bid would have had more.

Sothebys sale last week shows thats not entirely a correct statement. a correction of some sort

[sgolby]

Mar 24, 2021 20:49:39 GMT 1 als33 said:

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

I think most of it comes down to the auction house - if this was at one of the top houses the passed lots would have sold and the items with one bid would have had more.

I don't know. a buyer will find what he wants wherever it is available.  i don't think auction house means anything unless of course you are talking ultra raare items of which only the tryptich was.

[tab1]

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

If you have been on the forum a few years, you will know how few banksys used to be listed for sale here and at auctions compared to recent times , the market now has tempted many to sell, buyers are aware of the change of market and more patient and not impulsively purchasing any works that come to Market and they can be more selective also the fact the auction house is not a top tier auction house, different level of bidders and the past history will effect their market slightly

[soam24]

Mar 24, 2021 20:42:56 GMT 1 @vtrapenard said:

Just spoke to Nick, morons is actually sold, its a glitch in the system

Did you get the price by chance?

8.7.1

[Deleted]

66 hammer

[irl1]

Mar 24, 2021 20:45:05 GMT 1 treblenobass said:

Mar 24, 2021 20:42:46 GMT 1 irl1 said:

How about everyone calls it a draw 

These idiots condone WAR every single day. I just have fun 🤩 

    These users condone WAR every single day. I just have fun  


Fixed that for you 

[samo]

Mar 24, 2021 20:58:02 GMT 1 @vtrapenard said:

66 hammer

So if Morons sold for 66k hammer, that's a better result than Sotheby's last week 😅

[fusion0001]

Just updated these (and Bonham's GWB) to Banksy-Value.com index: overall index +10.27% for March, which means the Tate Ward result has dragged it down 1.5%

[sgolby]

Mar 24, 2021 20:52:54 GMT 1 tab1 said:

Mar 24, 2021 20:43:15 GMT 1 sgolby said:

Anyone out there think maybe this is because of the wild amount of banksy which has gone to auction recently?

If you have been on the forum a few years, you will know how few banksys used to be listed for sale here and at auctions compared to recent times , the market now has tempted many to sell, buyers are aware of the change of market and more patient and not impulsively purchasing any works that come to Market and they can be more selective also the fact the auction house is not a top tier auction house, different level of bidders and the past history will effect their market slightly

I am fully aware of this, In fact this is why I say it is more of a correction than a crash.  Honestly speaking it seems as though if buyers play their cards right they can snipe and pickup good pieces at good values from the auction houses. 

[als33]

Mar 24, 2021 20:50:35 GMT 1 @vtrapenard said:

Mar 24, 2021 20:49:39 GMT 1 als33 said:

I think most of it comes down to the auction house - if this was at one of the top houses the passed lots would have sold and the items with one bid would have had more.

Sothebys sale last week shows thats not entirely a correct statement. a correction of some sort

I think Sotheby's showed more of a stabilization than a correction - none of those lots went unsold and a fair amount of the ones at TW were passed (I want to say 5 or so but can't find the results on TW's site), and although the estimates at Sotheby's were very low, the majority blew through them by a good amount, while many of TW's lots sold at the low estimate.  I understand it's not a total apples-to-apples comparison - I think the upcoming Christie's sale with higher estimates will serve as a better point of comparison on this front. 

Also an unsigned GWB hammered at Bonhams like 5 minutes ago for $360,000, so who knows.  I think the iconic images will continue to rise at a rate higher than the ones that are less so, with the more "average" images staying stable or rising more slowly and with the historical laggards like Grannies or TM catching up to the "average" images in a burst and then settling down again.

[sgolby]

I don't own anything anymore, life took its toll on my finances, so I always hope for the prices to come down a bit so that I can dream of owning something again!

[Deleted]

Mar 24, 2021 21:05:14 GMT 1 fusion0001 said:

Just updated these (and Bonham's Girl With Balloon) to Banksy-Value.com index: overall index +10.27% for March, which means the Tate Ward result has dragged it down 1.5%

At the end of the day, other than crypto, where else do you get 10% ROI month after month?! The results are still amazing overall.

[londonfx]

Anyone know when all the sale prices go up online?

[robo]

Mar 24, 2021 21:05:14 GMT 1 fusion0001 said:

Just updated these (and Bonham's Girl With Balloon) to Banksy-Value.com index: overall index +10.27% for March, which means the Tate Ward result has dragged it down 1.5%

1.5% is nothing, especially bearing in mind this was a smaller auction house.

[ubl]

Mar 24, 2021 21:12:59 GMT 1 @yorky said:

Mar 24, 2021 21:05:14 GMT 1 fusion0001 said:

Just updated these (and Bonham's Girl With Balloon) to Banksy-Value.com index: overall index +10.27% for March, which means the Tate Ward result has dragged it down 1.5%

At the end of the day, other than crypto, where else do you get 10% ROI month after month?! The results are still amazing overall.

Shorting the US dollar 

[robo]

Mar 24, 2021 20:20:47 GMT 1 @cliffybyro said:

'Grannies' used to get no love at all. How times have changed. Weird.

It's an all time classic (IMHO).

[theclash]

Mar 24, 2021 21:18:07 GMT 1 ubl said:

Mar 24, 2021 21:12:59 GMT 1 @yorky said:

At the end of the day, other than crypto, where else do you get 10% ROI month after month?! The results are still amazing overall.

Shorting the US dollar 

The Medallion fund since 1988 is pretty close. But you have little chance of being allowed to invest in that

[robo]

Mar 24, 2021 20:10:27 GMT 1 @vtrapenard said:

20 hammer for flag

The Tate Ward web site says it sold for £2.5k - is that a mistake?!!