[ricobenfico]

I'm thinking of auctioning a piece or two of my collection and wondered if anyone knew of any already planned or where I'd find this info? I know it's not a great time etc etc but any general info much appreciated.

Many thanks in advance...

[loucastel]

I think Bonhams were asking for consignments for february.

[ricobenfico]

I'll check that out Lou, thanks.

What about Dreweatts and any others?

[toothfairy]

Yes, Dreweatts is on 25th Feb 2009 followed by Bonhams a day later. I stuck it in the calendar last month.

[Guest]

Phillips have a sale in March

[loucastel]

Jan 4, 2009 19:34:22 GMT 1 toothfairy said:

Yes, Dreweatts is on 25th Feb 2009 followed by Bonhams a day later. I stuck it in the calendar last month.

Bonhams is on the 24th feb.

[futureworldleaders]

www.dnfa.co.uk/auctions.asp?view=saledetails&aucno=13080&avail=0

[Deleted]

Jan 4, 2009 19:29:12 GMT 1 loucastel said:

I think Bonhams were asking for consignments for february.

Sale 16748 - Urban Art
New Bond Street, 24 Feb 2009


Urban Art (24 Feb 2009 starting at 19:00)

[Deleted]

call
Gareth Williams
Tel: [phone]

[Deleted]

[e-mail]

[Guest]

If they are still taking consignments this close to the sale, is that a good sign?

[toothfairy]

Doh, calendar won't let me modify. Silky can you change this please.

[ricobenfico]

Thanks guys, keep them coming. I'll get in touch with a few of the houses over the next few days and post up any further detail I get from them if useful (for other members).

[gilsteph]

Closing date is the 14th January for Bonhams.

[Winter]

I'm guessing these auctions will be full of bargains

[Guest]

really depends if the reserves have been adjusted to a more realistic level. otherwise there will be a whole lot unsold

[curiousgeorge]

Jan 4, 2009 20:17:27 GMT 1 @ronhill said:

really depends if the reserves have been adjusted to a more realistic level. otherwise there will be a whole lot unsold

I can't see the market (for want of a better word) suddenly putting realistic reserves on lots.

So expect lots of unsold lots

[ricobenfico]

Doesn't the seller put the reserve on the piece rather than the auction house. So it would be the sellers who have to be more realistic (taking into consideration the market, the fee's etc)?

[jakek]

Jan 4, 2009 19:42:56 GMT 1 futureworldleaders said:

www.dnfa.co.uk/auctions.asp?view=saledetails&aucno=13080&avail=0

from the dreweatts site...

"The Urban Art collection contains works by the leading national and international street artists of today, such as, Banksy, Nick Walker, Adam Neate, Faile, Antony Micallef, Guy Denning, Bast, Seen, Aiko, Matt Small, D*Face, Doze Green, alongside several artists who will be creating work primarily for the sale, such as Goldie, Ame 72, CBloxx, Inkie, Dan, Mau Mau, Eelus, K-Guy, Rowdy, Flx, Silent Hobo, David Walker, Pinky, Ryca, Jim Starr, SPQR, Motorboy, Kev Munday and joined by auction virgins, Chu, Partism, Pam Glew, Faith 47, Klit, TRXTR, Byroglyphics and Grafter. "

Without being too pessimistic it does seem that it's not a line up filled with the big names from the scene and it may be an auction with low sell prices.

Having said that i was impressed by some of the work in the last dreweatts auction so maybe some of the lesser known artists may produce some great pieces.

I know in the past people have moaned that certain artists were too fresh for auction but it does seem like dreweatts are trying to create a new niche in the urban art auction world where loads of lesser known artists can show. Hopefully for all involved their work will do well, although the credit crunch might affect sales unless reserves are realistic...

[Simococo]

its not going to be pretty
reserves won't be low because people put pieces in auction to raise the max
they will only be successful if they put some top grade works in and by the look of Dreweatts thats not going to happen

[Deleted]

Auction houses are advising to put a realistic reserve on your pieces.. cant wait to see the catalogues and I think we will be surprised with some of the going prices..

[onemandown72]

Jan 4, 2009 22:01:52 GMT 1 jakek said:

Jan 4, 2009 19:42:56 GMT 1 futureworldleaders said:

www.dnfa.co.uk/auctions.asp?view=saledetails&aucno=13080&avail=0

from the dreweatts site...

"The Urban Art collection contains works by the leading national and international street artists of today, such as, Banksy, Nick Walker, Adam Neate, Faile, Antony Micallef, Guy Denning, Bast, Seen, Aiko, Matt Small, D*Face, Doze Green, alongside several artists who will be creating work primarily for the sale, such as Goldie, Ame 72, CBloxx, Inkie, Dan, Mau Mau, Eelus, K-Guy, Rowdy, Flx, Silent Hobo, David Walker, Pinky, Ryca, Jim Starr, SPQR, Motorboy, Kev Munday and joined by auction virgins, Chu, Partism, Pam Glew, Faith 47, Klit, TRXTR, Byroglyphics and Grafter. "

Without being too pessimistic it does seem that it's not a line up filled with the bi names from the scene and it may be an auction with low sell prices.

Having said that i was impressed by some of the work in the last dreweatts auction so maybe some of the lesser known artists may produce some great pieces.

I know in the past people have moaned that certain artists were too fresh for auction but it does seem like dreweatts are trying to create a new niche in the urban art auction world where loads of lesser known artists can show. Hopefully for all involved their work will do well, although the credit crunch might affect sales unless reserves are realistic...

I had huge doubts about Dreweatts working directly with artists at their first auction, and those doubts have been multiplied by the 2 auctions that they've had to date. This is such a bad idea for the artists concerned. Dreweatts have no interest in nurturing their career coupled with the state of the economy, the lack of history in this area for Dreweatts can only lead to an absolute lottery as to prices achieved and resultant expectations on the part of the artists.
Get out on the streets, work together to create shows, control your own destiny - but to go down this route for me is not the right thing to do.

[wiz]

Jan 4, 2009 19:37:53 GMT 1 @ronhill said:

Phillips have a sale in March

they are taking entries for this dedicated urban sale now.

[giiiant]

the amount of people willing to put brand new work in these auctions at the drop of a hat always surprises me

actually it doesnt really but it still seems a bit rude to the artists/galleries

[manty]

The only positive thing I can see from these auctions will be for buyers of a few nice pieces that they want at good prices

Otherwise a lot of unsold lots and sellers unsold fees, and talk of doom and gloom, the end of the world and that kinda stuff.

[aginghippie]

Jan 4, 2009 22:01:52 GMT 1 jakek said:

Without being too pessimistic it does seem that it's not a line up filled with the big names from the scene and it may be an auction with low sell prices.

If the Bonhams auction is the day after then Dreweatts will have trouble attracting the better works.

[raiden]

I'm registering to buy at Dreweatts and probably will skip Bonhams, but that's because I expect more bargains at the Dreweatts auction and it appeals to me more - especially since a decent portion of the pieces will likely be directly consigned by the artists. Eelus consigned a piece directly, I'd imagine the same for Pam Glew, but I haven't asked her. (really excited to hear she's going to have work in the auction)

As for which will be better - no crystal ball, but I'd assume Bonhams overall will see better. Though certain works may do better at Dreweatts - primarily less establish, just catching heat artists. (i.e. the last show - Banksy did relatively weak at Dreweatts whereas Eelus saw really good results that I couldn't imagine being much better at Bonhams)

[raiden]

Oh, and another thing... for new artists, I expect to see several of them having people in their corner making sure that what needs to sell, sells.

Personally, if I had deeper pockets, I'd be taking advantage of Dreweatts willingness to provide a platform to newer artists by negotiating private sells in advance of the auction with quite a few of them, and then purchasing a piece at Dreweatts for well over market. (In essence, doing what probably happened with Nick Walker's "Mona Simpson" at Bonhams.)

Frankly, for artists who are consigning their own works, 30% commission is a small price to pay - I don't know why any of them wouldn't resort to shill bidding their way into bigger auction houses.

[rosstierney]

i know it's not a nice thing to think about (shill bidding) but each piece has an estimate (the reserve can't be higher than the estimate) so you know roughly how much you need to bid at least

you should also stick to what you're prepared to pay (inc. fees) & do not be taken in by the façade

[onemandown72]

Jan 5, 2009 14:18:51 GMT 1 raiden said:

Oh, and another thing... for new artists, I expect to see several of them having people in their corner making sure that what needs to sell, sells.

Personally, if I had deeper pockets, I'd be taking advantage of Dreweatts willingness to provide a platform to newer artists by negotiating private sells in advance of the auction with quite a few of them, and then purchasing a piece at Dreweatts for well over market. (In essence, doing what probably happened with Nick Walker's "Mona Simpson" at Bonhams.)

Frankly, for artists who are consigning their own works, 30% commission is a small price to pay - I don't know why any of them wouldn't resort to shill bidding their way into bigger auction houses.

Sshhh - don't give away the secrets of auction manipulation!