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Sothebys Day auction results, by Daniel Silk on Feb 6, 2009 16:49:45 GMT 1, I think those prices are about right in the current market 
They still gotta be about twenty times more than they would of originally cost  so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D
I think those prices are about right in the current market They still gotta be about twenty times more than they would of originally cost so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D |
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Grubster
Junior Member
Posts โข 1,226
Likes โข 1
August 2008
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Sothebys Day auction results, by Grubster on Feb 6, 2009 16:57:38 GMT 1, that JR went way above expected sale price. NICE JOB JR
that JR went way above expected sale price. NICE JOB JR
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Sothebys Day auction results, by onemandown72 on Feb 6, 2009 16:57:38 GMT 1, They still gotta be about twenty times more than they would of originally cost so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D
Depends what the sellers paid for them originally. I'd agree that prices are right for the market, but I am still pretty shocked at the price the BME went for, a unique dyptich going for the same price as an edition of 25 canvas.
They still gotta be about twenty times more than they would of originally cost so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D Depends what the sellers paid for them originally. I'd agree that prices are right for the market, but I am still pretty shocked at the price the BME went for, a unique dyptich going for the same price as an edition of 25 canvas. |
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Sothebys Day auction results, by Guest on Feb 6, 2009 17:00:58 GMT 1, They still gotta be about twenty times more than they would of originally cost so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D Depends what the sellers paid for them originally. I'd agree that prices are right for the market, but I am still pretty shocked at the price the BME went for, a unique dyptich going for the same price as an edition of 25 canvas.
totally agree, depends when they bought them, if these were bought at the highest price last year, they just lost 50%
the bme was a steal.
They still gotta be about twenty times more than they would of originally cost so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D Depends what the sellers paid for them originally. I'd agree that prices are right for the market, but I am still pretty shocked at the price the BME went for, a unique dyptich going for the same price as an edition of 25 canvas. totally agree, depends when they bought them, if these were bought at the highest price last year, they just lost 50% the bme was a steal. |
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hlarmy
Junior Member
Posts โข 3,199
Likes โข 64
November 2007
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Sothebys Day auction results, by hlarmy on Feb 6, 2009 17:04:38 GMT 1, The Banksy diptych looks like a great price
Can anyone explain Lucio Fontana's work to me....
The Banksy diptych looks like a great price Can anyone explain Lucio Fontana's work to me.... |
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lee3
New Member
Posts โข 832
Likes โข 1,289
November 2009
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Sothebys Day auction results, by lee3 on Feb 6, 2009 17:21:19 GMT 1, >>>I think those prices are about right in the current market <<<
I wonder about Kids on Guns
>>>Banksy price scoem down to earth with a big bump! <<<
Every asset class seems to be getting decimated but in percentage terms from its highs, art seems to be making the most rapid and dramatic decline.
I've got my share of Banksy because one could buy art that really moved you with power at prices that seem affordable by comparison to work from artists that came before him. I never imagined I would see the day where Calder gouache's that gorgeous are WELL under $100k. Nor did I believe that I would EVER get a shot at grabbing a non editioned Yves Klein blue remotely near that same price (lot 108). He did many on paper in that (8x7 inch) size and they've been selling for years like bread between $200-250k. Even the editioned Klein tables are off by a factor of 70% from the last 2 years. I'm simply dumbfounded looking at many of the prices from last evening and today. This is a buyers market like I've only read and heard stories about (1991). My wife and I were talking at length about it last night and it may well be an opportunity to save a bit of money while sitting on the sidelines for a year and make a splash purchase for something that was never possible to add to our collection.
Interesting times and one that we're learning very quickly that you don't want any debt of any kind sitting over your head especially with prices for all assets heading south in a hurry.
I was worried that even these reduced estimates might be too big given the check back in most markets in January (save for China) so it's good to see that Christie's and Sotheby's have done a nice job setting prices where work is selling as opposed to getting bought in.
>>>the bme was a steal.<<<
Does that painting REALLY move you though? I do like the image on other canvases but that particular one seemed kind of bland by comparison. I hear you you loud and clear that for a Banksy of that scale the price seems downright cheap comparatively over the past few years. I guess I feel like now is the time to be very picky with your purchases because those purchases even at today's prices *might* look very expensive by comparison 5 years from now.
>>>I think those prices are about right in the current market <<<
I wonder about Kids on Guns
>>>Banksy price scoem down to earth with a big bump! <<<
Every asset class seems to be getting decimated but in percentage terms from its highs, art seems to be making the most rapid and dramatic decline.
I've got my share of Banksy because one could buy art that really moved you with power at prices that seem affordable by comparison to work from artists that came before him. I never imagined I would see the day where Calder gouache's that gorgeous are WELL under $100k. Nor did I believe that I would EVER get a shot at grabbing a non editioned Yves Klein blue remotely near that same price (lot 108). He did many on paper in that (8x7 inch) size and they've been selling for years like bread between $200-250k. Even the editioned Klein tables are off by a factor of 70% from the last 2 years. I'm simply dumbfounded looking at many of the prices from last evening and today. This is a buyers market like I've only read and heard stories about (1991). My wife and I were talking at length about it last night and it may well be an opportunity to save a bit of money while sitting on the sidelines for a year and make a splash purchase for something that was never possible to add to our collection.
Interesting times and one that we're learning very quickly that you don't want any debt of any kind sitting over your head especially with prices for all assets heading south in a hurry.
I was worried that even these reduced estimates might be too big given the check back in most markets in January (save for China) so it's good to see that Christie's and Sotheby's have done a nice job setting prices where work is selling as opposed to getting bought in.
>>>the bme was a steal.<<<
Does that painting REALLY move you though? I do like the image on other canvases but that particular one seemed kind of bland by comparison. I hear you you loud and clear that for a Banksy of that scale the price seems downright cheap comparatively over the past few years. I guess I feel like now is the time to be very picky with your purchases because those purchases even at today's prices *might* look very expensive by comparison 5 years from now.
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so I dont think the sellers are complaining. Plus I should think they buyers a pretty happy too! ;D 
