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Banksy • frAGILE • Legacy of War Foundation , by koelschejung70 on Dec 13, 2023 10:55:38 GMT 1, Personally I couldn’t hang on my wall something dedicated to another person, so probably for this reason the final selling price could be enough low Only your name is also Steve...
Personally I couldn’t hang on my wall something dedicated to another person, so probably for this reason the final selling price could be enough low Only your name is also Steve...
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Banksy • frAGILE • Legacy of War Foundation , by My Name is Frank on Dec 13, 2023 12:47:05 GMT 1, I changed my name to the CND symbol to get around these issues, I can pretty much buy any dedicated Banksy at auction these days, my name is always on there
I changed my name to the CND symbol to get around these issues, I can pretty much buy any dedicated Banksy at auction these days, my name is always on there
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Grillocracy
Junior Member
Posts • 1,117
Likes • 1,327
January 2019
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Banksy • frAGILE • Legacy of War Foundation , by Grillocracy on Dec 14, 2023 21:05:10 GMT 1, Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris).
Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris).
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Banksy • frAGILE • Legacy of War Foundation , by The Greased Piglet on Dec 15, 2023 4:56:26 GMT 1, Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris). Was that hammer or all in does anyone know? If all in that's a decent buy imo.
Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris). Was that hammer or all in does anyone know? If all in that's a decent buy imo.
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Graham H
Junior Member
Posts • 2,302
Likes • 2,416
November 2012
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Banksy • frAGILE • Legacy of War Foundation , by Graham H on Dec 15, 2023 9:34:10 GMT 1, Hammer
Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris). Was that hammer or all in does anyone know? If all in that's a decent buy imo.
Hammer Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris). Was that hammer or all in does anyone know? If all in that's a decent buy imo.
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met
Junior Member
![*](//storage.proboards.com/forum/images/stars/star_silver.png)
Posts • 2,766
Likes • 6,641
June 2009
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Banksy • frAGILE • Legacy of War Foundation , by met on Dec 15, 2023 11:16:11 GMT 1, Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris). Was that hammer or all in does anyone know? If all in that's a decent buy imo.
www.mctears.co.uk/auction/lot/lot--banksy-british-b-1974/?lot=315975
![](https://i.imgur.com/sn2P38H.png)
Whereas major auction houses typically include the buyer's premium in their published sale results, a number of national, provincial and local auction houses simply display their hammer prices.
This inconsistency of approach is regrettable, since it can lead to confusion for anyone who likes to keep an eye on the auction results achieved by certain artists.
But the problem is not insurmountable.
Below shows how we can work out the answer to your question, independently and for ourselves.
***To members who already know "how to fish", please ignore the rather longwinded steps that follow.
__________
1. Note the relevant auction house and published sale price:
McTear's and £50,000.
2. Google the auction house name along with "buyer's premium" or "buyer's fee".
In this instance, the search results state the buyer's premium for McTear's is 24% of the hammer price — plus VAT on the hammer price, to the extent applicable.
See point 3 (Buyer's Premium) in the McTear's Terms of Business*.
3. If the published sale results of McTear's do include the buyer's premium, then dividing £50,000 by 1.24 (100% of the hammer price, plus the 24% buyer's premium), should lead to a clean number — i.e. a hammer price that could be achieved through the normal bidding increments of an auction house.
4. 50,000 ÷ 1.24 = 40,322.5806452
Since no auction house would have bid increments leading to a figure of £40,322, we can safely assume the McTear's published sale result of £50,000 reflects the hammer price only.
5. Additional charges
5.1 The buyer's premium in this case would be £12,000 (£50,000 @ 24%).
5.2 If applicable (in other words, if the winning bidder is based in the UK), VAT on the buyer's premium would be £2,400 (£12,000 @ 20%).
5.3 The artist's resale right, based on the hammer price when converted into euros on the date of sale (in this case, the hammer price being approximately €58,169.97), will be mostly subject to a 4% royalty (€1,000–€50,000), and partly subject to a 3% royalty (€50,000–€200,000), for an ARR in sterling of about £1,929.78.
Approximate total price payable by a UK-based buyer:
£66,329.78
(£50,000.00 + £12,000.00 + £2,400.00 + £1,929.78)
Looks like it sold for 50,000 GBP which seems like a great deal for a signed hand finished edition of 50 (plus this one for Chris). Was that hammer or all in does anyone know? If all in that's a decent buy imo. www.mctears.co.uk/auction/lot/lot--banksy-british-b-1974/?lot=315975![](https://i.imgur.com/sn2P38H.png) Whereas major auction houses typically include the buyer's premium in their published sale results, a number of national, provincial and local auction houses simply display their hammer prices. This inconsistency of approach is regrettable, since it can lead to confusion for anyone who likes to keep an eye on the auction results achieved by certain artists. But the problem is not insurmountable. Below shows how we can work out the answer to your question, independently and for ourselves. ***To members who already know "how to fish", please ignore the rather longwinded steps that follow. __________ 1. Note the relevant auction house and published sale price: McTear's and £50,000. 2. Google the auction house name along with "buyer's premium" or "buyer's fee". In this instance, the search results state the buyer's premium for McTear's is 24% of the hammer price — plus VAT on the hammer price, to the extent applicable. See point 3 ( Buyer's Premium) in the McTear's Terms of Business *. 3. If the published sale results of McTear's do include the buyer's premium, then dividing £50,000 by 1.24 (100% of the hammer price, plus the 24% buyer's premium), should lead to a clean number — i.e. a hammer price that could be achieved through the normal bidding increments of an auction house. 4. 50,000 ÷ 1.24 = 40,322.5806452 Since no auction house would have bid increments leading to a figure of £40,322, we can safely assume the McTear's published sale result of £50,000 reflects the hammer price only. 5. Additional charges 5.1 The buyer's premium in this case would be £12,000 (£50,000 @ 24%). 5.2 If applicable (in other words, if the winning bidder is based in the UK), VAT on the buyer's premium would be £2,400 (£12,000 @ 20%). 5.3 The artist's resale right, based on the hammer price when converted into euros on the date of sale (in this case, the hammer price being approximately €58,169.97), will be mostly subject to a 4% royalty (€1,000–€50,000), and partly subject to a 3% royalty (€50,000–€200,000), for an ARR in sterling of about £1,929.78. Approximate total price payable by a UK-based buyer: £66,329.78(£50,000.00 + £12,000.00 + £2,400.00 + £1,929.78)
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Minecrafter
New Member
Posts • 377
Likes • 123
October 2021
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Banksy • frAGILE • Legacy of War Foundation , by Minecrafter on Dec 15, 2023 11:30:27 GMT 1, Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact.
Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact.
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Grillocracy
Junior Member
Posts • 1,117
Likes • 1,327
January 2019
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Banksy • frAGILE • Legacy of War Foundation , by Grillocracy on Dec 15, 2023 17:53:14 GMT 1, Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact.
But aren't we all frauds in some way?
Just look at your Facebook feed. There is NO WAY all of those folks are THAT happy all the time and are always doing something fun or cool...
Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact.
But aren't we all frauds in some way?
Just look at your Facebook feed. There is NO WAY all of those folks are THAT happy all the time and are always doing something fun or cool...
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hnkpnk
Junior Member
Posts • 1,339
Likes • 1,420
July 2011
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Banksy • frAGILE • Legacy of War Foundation , by hnkpnk on Dec 15, 2023 18:15:29 GMT 1, Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact.
And if you have trouble hearing the lyrics, which is quite common on old punk songs, here's a transcript of the important parts:
"Baby baby what you gonna do Baby baby about your self You think you′ve found your Messiah And now you wanna convert everybody else You're such a bore Can′t stand you no more I won't go round to your place anymore
You're a disease babe You′re a disease You′re a disease babe You're faiths a disease I don′t wanna catch"
Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact. And if you have trouble hearing the lyrics, which is quite common on old punk songs, here's a transcript of the important parts: "Baby baby what you gonna do Baby baby about your self You think you′ve found your Messiah And now you wanna convert everybody else You're such a bore Can′t stand you no more I won't go round to your place anymore You're a disease babe You′re a disease You′re a disease babe You're faiths a disease I don′t wanna catch"
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Banksy • frAGILE • Legacy of War Foundation , by Acme Thunderer on Dec 15, 2023 18:35:38 GMT 1, Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact. For the first time you may be right on one thing as the toilet paper market will continue to grow in the future. However, this growth could be linked to the constant 💩💩💩 that you come out with.
![](https://i.ibb.co/7RzL1P1/IMG-6399.jpg)
Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact. For the first time you may be right on one thing as the toilet paper market will continue to grow in the future. However, this growth could be linked to the constant 💩💩💩 that you come out with. ![](https://i.ibb.co/7RzL1P1/IMG-6399.jpg)
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compound
New Member
Posts • 183
Likes • 196
January 2022
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Banksy • frAGILE • Legacy of War Foundation , by compound on Dec 15, 2023 20:31:53 GMT 1, Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact. If investing in Banksy is like big roll wtaf is JPS? used shite paper? or that toilet paper you used to get in schools which was like wiping your ass on plastic.
Guaranteed one day the buyer will be in McTears. Would have been better investing his money in toilet paper. Banksy is a fraud and it's so funny how many of you bury your heads in the sand on that fact. If investing in Banksy is like big roll wtaf is JPS? used shite paper? or that toilet paper you used to get in schools which was like wiping your ass on plastic.
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TGB
New Member
Posts • 3
Likes • 1
August 2023
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Banksy • frAGILE • Legacy of War Foundation , by TGB on Jan 22, 2024 17:48:01 GMT 1, Hi all,
Looking for a Banksy 'Agile' work from the edition of 50 from the Legacy Of War Foundation lottery. We understand these don't have PC COA yet and can also guarantee a discrete deal. Would need to have the paperwork provided from the original purchase.
If you are looking to sell please email sales@tgbcontemporary.com or send a DM.
Cheers
TGB
Hi all,
Looking for a Banksy 'Agile' work from the edition of 50 from the Legacy Of War Foundation lottery. We understand these don't have PC COA yet and can also guarantee a discrete deal. Would need to have the paperwork provided from the original purchase.
If you are looking to sell please email sales@tgbcontemporary.com or send a DM.
Cheers
TGB
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urbanflik
New Member
Posts • 484
Likes • 372
February 2010
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Banksy • frAGILE • Legacy of War Foundation , by urbanflik on Mar 31, 2024 14:54:46 GMT 1, Hi
looking for a fragile print.
please dm if selling.
thanks
Hi
looking for a fragile print.
please dm if selling.
thanks
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Banksy • frAGILE • Legacy of War Foundation , by Lroy on Mar 31, 2024 15:13:07 GMT 1, Wow ! Congrats !! I saw Banskiat at 60,000 ( it did not lost too much in value at the contrary of other old Banksy prints ) , but Fragile should be at 100 or more no ? ) It will give you a free bump !
![](https://i.ibb.co/HdF6PCy/IMG-6655.jpg)
Wow ! Congrats !! I saw Banskiat at 60,000 ( it did not lost too much in value at the contrary of other old Banksy prints ) , but Fragile should be at 100 or more no ? ) It will give you a free bump ! ![](https://i.ibb.co/HdF6PCy/IMG-6655.jpg)
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urbanflik
New Member
Posts • 484
Likes • 372
February 2010
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Banksy • frAGILE • Legacy of War Foundation , by urbanflik on Apr 3, 2024 22:01:21 GMT 1, Looking for this print if anyone selling.
Please dm me.
Looking for this print if anyone selling.
Please dm me.
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LJCal
Junior Member
![*](//storage.proboards.com/forum/images/stars/star_silver.png)
Posts • 2,896
Likes • 4,387
December 2019
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Banksy • frAGILE • Legacy of War Foundation , by LJCal on Apr 4, 2024 19:58:27 GMT 1, I have one at £63k DM me to discuss
I have one at £63k DM me to discuss
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