hlarmy
Junior Member
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November 2007
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Dreweatts Art Auctions π¬π§, by hlarmy on May 16, 2008 15:41:05 GMT 1, The reserves seem a touch high for quite a lot of the items (starting with Lot 1 for example). Personally I'm not sure I'd put Adam Neate gallery pieces in this auction (if I had one that is!), especially given there are two of them. Should be a great night for the 'smaller' artists like our very own SPQR (good luck Matt, some great work there)... they are estimates, the reserves arent listed. though i agree, many estimates seem high but what do i know?
Sorry, that's what I meant.
Maybe it's just because we are so used to seeing v. low estimates.
I understand why auction houses put estimates below the market value, but can't see why Drewett's would want to put potentially above-market value estimates on some items. Mind you, I'm sure they know more than me so let's wait and see. I can't wait for the preview and the night of the auction...
The reserves seem a touch high for quite a lot of the items (starting with Lot 1 for example). Personally I'm not sure I'd put Adam Neate gallery pieces in this auction (if I had one that is!), especially given there are two of them. Should be a great night for the 'smaller' artists like our very own SPQR (good luck Matt, some great work there)... they are estimates, the reserves arent listed. though i agree, many estimates seem high but what do i know? Sorry, that's what I meant. Maybe it's just because we are so used to seeing v. low estimates. I understand why auction houses put estimates below the market value, but can't see why Drewett's would want to put potentially above-market value estimates on some items. Mind you, I'm sure they know more than me so let's wait and see. I can't wait for the preview and the night of the auction...
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spirit
Junior Member
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August 2007
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Dreweatts Art Auctions π¬π§, by spirit on May 16, 2008 15:43:29 GMT 1, The estimates do seem very high. 4-6k for a sepia morons when they sit unsold on ebay at 3k is a bit odd to say the least. estimates are usually under priced to get people interested.
The estimates do seem very high. 4-6k for a sepia morons when they sit unsold on ebay at 3k is a bit odd to say the least. estimates are usually under priced to get people interested.
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hlarmy
Junior Member
π¨οΈ 3,199
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November 2007
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Dreweatts Art Auctions π¬π§, by hlarmy on May 16, 2008 15:44:54 GMT 1, ;D Disregarding the two spelling mistakes... this condition report is an interesting one for Β£25-35k!! ---------------- Banksy (British, b. 1975) London, New York, Bristol, 2000 Acrylic and stencil spray paint on canvas Stencil signature incorporated into image Numbered 10/10 and dated 2000 on reverse 57cm x 54cm Provenance: presented by the artist to the present owner This lot has been athenticated by Pest Control This lot may subject to Droit de Suite condition report Unframed, Some peripheral rubbing marks, a beverage has been spilt over the paint and subsiquently the New York sign as been rubbed off, Liquid marks over canvas
What a bloody waste - give it to me; I'll look after it properly. Why buy any art if you're going to use if for a coffee table
;D Disregarding the two spelling mistakes... this condition report is an interesting one for Β£25-35k!! ---------------- Banksy (British, b. 1975) London, New York, Bristol, 2000 Acrylic and stencil spray paint on canvas Stencil signature incorporated into image Numbered 10/10 and dated 2000 on reverse 57cm x 54cm Provenance: presented by the artist to the present owner This lot has been athenticated by Pest Control This lot may subject to Droit de Suite condition report Unframed, Some peripheral rubbing marks, a beverage has been spilt over the paint and subsiquently the New York sign as been rubbed off, Liquid marks over canvas What a bloody waste - give it to me; I'll look after it properly. Why buy any art if you're going to use if for a coffee table
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Cocteau 101
Junior Member
π¨οΈ 3,508
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January 2007
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Dreweatts Art Auctions π¬π§, by Cocteau 101 on May 16, 2008 15:48:21 GMT 1, Bit disappointing to see anothet two Neates in an auction.
Bit disappointing to see anothet two Neates in an auction.
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Dreweatts Art Auctions π¬π§, by mcnuts on May 16, 2008 15:52:29 GMT 1, Bit disappointing to see anothet two Neates in an auction.
sure but is to be expected no?
Bit disappointing to see anothet two Neates in an auction. sure but is to be expected no?
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gerry
New Member
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October 2007
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Dreweatts Art Auctions π¬π§, by gerry on May 16, 2008 15:52:32 GMT 1, Hmm, those estimates do seem really high. Kinda thought one point of this auction was to generate more buzz around some of these artists, which i'm not sure how you achieve with a load of stories of 'didn't achieve its estimate'.
Odd, see what happens on the night i guess, still tempted to go down and have a wave of a paddle...
Hmm, those estimates do seem really high. Kinda thought one point of this auction was to generate more buzz around some of these artists, which i'm not sure how you achieve with a load of stories of 'didn't achieve its estimate'.
Odd, see what happens on the night i guess, still tempted to go down and have a wave of a paddle...
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Dreweatts Art Auctions π¬π§, by They call me Stephen on May 16, 2008 15:55:27 GMT 1, Had been looking forward to this one but all the estimates seem a little on the high side especially when you consider many of the prices on the secondary market recently. Will definitely check out the traveling road show that's accompanying this though
Had been looking forward to this one but all the estimates seem a little on the high side especially when you consider many of the prices on the secondary market recently. Will definitely check out the traveling road show that's accompanying this though
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Dreweatts Art Auctions π¬π§, by buffin on May 16, 2008 16:05:39 GMT 1, Beverage stains on Failes is called hand finishing!
Beverage stains on Failes is called hand finishing!
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Dreweatts Art Auctions π¬π§, by manty on May 16, 2008 16:11:08 GMT 1, Dunno about this one.
The Bonhams urban art auction was marketeted very well before hand, got good coverage etc.
Will be interesting to see what publicity this sale gets.
I hadnt heard of this auction house before this.
having said the above, I do hope it goes stonkingly well for all concerned
Dunno about this one.
The Bonhams urban art auction was marketeted very well before hand, got good coverage etc.
Will be interesting to see what publicity this sale gets.
I hadnt heard of this auction house before this.
having said the above, I do hope it goes stonkingly well for all concerned
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beasty
New Member
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December 2007
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Dreweatts Art Auctions π¬π§, by beasty on May 16, 2008 16:11:08 GMT 1, Bit disappointing to see anothet two Neates in an auction.
Yep, feel the same. There do seem to be alot popping up recently.
Bit disappointing to see anothet two Neates in an auction. Yep, feel the same. There do seem to be alot popping up recently.
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Dreweatts Art Auctions π¬π§, by manty on May 16, 2008 16:17:08 GMT 1, Bit disappointing to see anothet two Neates in an auction. Yep, feel the same. There do seem to be alot popping up recently.
Agreed, a real shame
Bit disappointing to see anothet two Neates in an auction. Yep, feel the same. There do seem to be alot popping up recently. Agreed, a real shame
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hlarmy
Junior Member
π¨οΈ 3,199
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November 2007
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Dreweatts Art Auctions π¬π§, by hlarmy on May 16, 2008 16:23:40 GMT 1, Yep, feel the same. There do seem to be alot popping up recently. I really like the small Neate on canvas - stunning little piece and a more realistic size for the average home than some of the gallery pieces (not mine btw - not yet anyway ). I'm looking forward to the preview to see some of these in the flesh
Yep, feel the same. There do seem to be alot popping up recently. I really like the small Neate on canvas - stunning little piece and a more realistic size for the average home than some of the gallery pieces (not mine btw - not yet anyway ). I'm looking forward to the preview to see some of these in the flesh
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yapsey
Junior Member
π¨οΈ 1,217
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November 2007
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Dreweatts Art Auctions π¬π§, by yapsey on May 16, 2008 16:49:38 GMT 1, Will be interesting to see what publicity this sale gets. I hadnt heard of this auction house before this. having said the above, I do hope it goes stonkingly well for all concerned
it's certainly not one of the big three - but it's the biggest regional auctioneers in the country - it's very well run and they have superb knowledge
Will be interesting to see what publicity this sale gets. I hadnt heard of this auction house before this. having said the above, I do hope it goes stonkingly well for all concerned it's certainly not one of the big three - but it's the biggest regional auctioneers in the country - it's very well run and they have superb knowledge
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curiousgeorge
Junior Member
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March 2007
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Dreweatts Art Auctions π¬π§, by curiousgeorge on May 16, 2008 16:51:35 GMT 1, Pardon me for not looking, but is there an option to bid online??
Pardon me for not looking, but is there an option to bid online??
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Heavyconsumer
Junior Member
π¨οΈ 4,974
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February 2008
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Dreweatts Art Auctions π¬π§, by Heavyconsumer on May 16, 2008 17:01:06 GMT 1, I had a couple of pieces entered in this but missed the deadline after allowing myself to be messed around by a forum window-shopper! I'll be very interested to see how this sale goes on the night.
They seemed a great bunch to deal with and the commissions are considerably lower than at the larger houses. I just have a feeling this will be a very interesting sale, as there are some great pieces and it should attract plenty of enthusiasts. Results will no doubt be a very mixed bag with some of these estimates though.
I had a couple of pieces entered in this but missed the deadline after allowing myself to be messed around by a forum window-shopper! I'll be very interested to see how this sale goes on the night.
They seemed a great bunch to deal with and the commissions are considerably lower than at the larger houses. I just have a feeling this will be a very interesting sale, as there are some great pieces and it should attract plenty of enthusiasts. Results will no doubt be a very mixed bag with some of these estimates though.
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Dreweatts Art Auctions π¬π§, by grantb on May 16, 2008 17:04:05 GMT 1, i know what im saving up for.
i know what im saving up for.
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Bram
Artist
Junior Member
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November 2007
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Dreweatts Art Auctions π¬π§, by Bram on May 16, 2008 17:08:59 GMT 1, Those Mudwigs are nice along with the Neates and of course the Dennings. The prices are all over the place but thats auctions. I'm sure there will be surprises on the night but all in all I'm a little underwhelmed. Cracking document though!
Those Mudwigs are nice along with the Neates and of course the Dennings. The prices are all over the place but thats auctions. I'm sure there will be surprises on the night but all in all I'm a little underwhelmed. Cracking document though!
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funster
Junior Member
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October 2006
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Dreweatts Art Auctions π¬π§, by funster on May 16, 2008 17:32:14 GMT 1, I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction?
I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction?
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spirit
Junior Member
π¨οΈ 2,956
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August 2007
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Dreweatts Art Auctions π¬π§, by spirit on May 16, 2008 17:47:49 GMT 1, I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction?
I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day.
What do you think Elms will make of this many early sales? - being originals they will obviously know who the sellers are.
I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? - being originals they will obviously know who the sellers are.
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Heavyconsumer
Junior Member
π¨οΈ 4,974
ππ» 5
February 2008
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Dreweatts Art Auctions π¬π§, by Heavyconsumer on May 16, 2008 18:04:02 GMT 1, I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. .
I don't think there are ever guarantees, but I agree 100% with you. If I had to back one artist it would be him! Bloody legend! Work is miles ahead of anything else out there at the moment! I genuinely believe that he has the potential to be considered one of the greatest artists of this period, one day in the future.
I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. . I don't think there are ever guarantees, but I agree 100% with you. If I had to back one artist it would be him! Bloody legend! Work is miles ahead of anything else out there at the moment! I genuinely believe that he has the potential to be considered one of the greatest artists of this period, one day in the future.
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RBK
Junior Member
π¨οΈ 2,925
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September 2006
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Dreweatts Art Auctions π¬π§, by RBK on May 16, 2008 18:11:22 GMT 1, I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? - being originals they will obviously know who the sellers are.
I completely agree with you. Some of these owners are hedge-funders that look at these works as nothing more than stocks/diversification. They're happy making a 25-40% profit in a year. Once Adam's exposure increases to a worldwide audience I think prices are going MAD. I mean he only creates what, like 50 pieces a year? And he's only been showing in galleries 2 years and is creating works of this caliber - unbelievable!
To answer your other question - I think Elms probably isn't the happiest. Recently (privately and publically through auction houses) too many of his works are being offered for sale. I think people are just freaking out - but in years time when they're going for hundreds of thousands, they're definitely going to regret it.
Think it's partly bc the mentality of the urban/street art collectors isn't that slow and steady wins the race. Thank God Adam is represented by such a good gallery that understands the importance of this - and whose main goal isn't making as much money as possible, as quickly as possible (one of the reasons no more Neate prints).
I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? - being originals they will obviously know who the sellers are. I completely agree with you. Some of these owners are hedge-funders that look at these works as nothing more than stocks/diversification. They're happy making a 25-40% profit in a year. Once Adam's exposure increases to a worldwide audience I think prices are going MAD. I mean he only creates what, like 50 pieces a year? And he's only been showing in galleries 2 years and is creating works of this caliber - unbelievable! To answer your other question - I think Elms probably isn't the happiest. Recently (privately and publically through auction houses) too many of his works are being offered for sale. I think people are just freaking out - but in years time when they're going for hundreds of thousands, they're definitely going to regret it. Think it's partly bc the mentality of the urban/street art collectors isn't that slow and steady wins the race. Thank God Adam is represented by such a good gallery that understands the importance of this - and whose main goal isn't making as much money as possible, as quickly as possible (one of the reasons no more Neate prints).
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guest2
Junior Member
π¨οΈ 2,471
ππ» 1
December 2006
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Dreweatts Art Auctions π¬π§, by guest2 on May 16, 2008 18:37:09 GMT 1, I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? -.....
hopefully learn from it.
I'm disappointed that the Neates are there. I feel that too many of his pieces come up for sale at such auctions at this, early, stage of his career. Lets put it like this, how often do you see a Parla at auction? I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? -..... hopefully learn from it.
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hlarmy
Junior Member
π¨οΈ 3,199
ππ» 64
November 2007
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Dreweatts Art Auctions π¬π§, by hlarmy on May 16, 2008 18:43:18 GMT 1, I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? -..... hopefully learn from it.
That's all very well but what can they do about it, besides stopping the original buyers from buying again?
I honestly believe that the sellers will seriously regret these sales a few years down the line. After seeing the A & R show, I honestly believe that Neate is one of the very few artists around who is producing museum quality work. I also believe his work will survive the eventual demise of the current street art movement. If I was lucky enough to own a Neate original I would be looking to hold onto it for a least a decade if not longer. Who knows for sure but I wouldn't be surprised if some of his works go for millions one day. What do you think Elms will make of this many early sales? -..... hopefully learn from it. That's all very well but what can they do about it, besides stopping the original buyers from buying again?
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guest2
Junior Member
π¨οΈ 2,471
ππ» 1
December 2006
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Dreweatts Art Auctions π¬π§, by guest2 on May 16, 2008 18:48:59 GMT 1, That's all very well but what can they do about it, besides stopping the original buyers from buying again?
choose better original buyers from the sacred list.
That's all very well but what can they do about it, besides stopping the original buyers from buying again? choose better original buyers from the sacred list.
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Dreweatts Art Auctions π¬π§, by griffermans on May 16, 2008 18:49:43 GMT 1, Dunno about this one. The Bonhams urban art auction was marketeted very well before hand, got good coverage etc. Will be interesting to see what publicity this sale gets. I hadnt heard of this auction house before this. having said the above, I do hope it goes stonkingly well for all concerned
Never heard of it! It's only the biggest regional auction house in the country!
For the record I think the NW estimates are generally OK (except for the 8000-12000 nickers f**k up). 5000-7000 for the Vandalism canvas seems sweet, especially on the back of Bonhams New York.
The Eelus and SPQR estimates are also low, as are the Kev Munday canvases at 300-500(they'll do a grand easy).
Dunno about this one. The Bonhams urban art auction was marketeted very well before hand, got good coverage etc. Will be interesting to see what publicity this sale gets. I hadnt heard of this auction house before this. having said the above, I do hope it goes stonkingly well for all concerned Never heard of it! It's only the biggest regional auction house in the country! For the record I think the NW estimates are generally OK (except for the 8000-12000 nickers f**k up). 5000-7000 for the Vandalism canvas seems sweet, especially on the back of Bonhams New York. The Eelus and SPQR estimates are also low, as are the Kev Munday canvases at 300-500(they'll do a grand easy).
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Matt-lock
New Member
π¨οΈ 922
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June 2007
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Dreweatts Art Auctions π¬π§, by Matt-lock on May 16, 2008 18:53:07 GMT 1, Looking forward to seeing the preview along with all the split beverages.
Looking forward to seeing the preview along with all the split beverages.
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Dreweatts Art Auctions π¬π§, by manty on May 16, 2008 21:35:27 GMT 1, That's all very well but what can they do about it, besides stopping the original buyers from buying again?
Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ?
Maybe needs a bit of tweaking ? :-)
That's all very well but what can they do about it, besides stopping the original buyers from buying again? Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-)
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hlarmy
Junior Member
π¨οΈ 3,199
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November 2007
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Dreweatts Art Auctions π¬π§, by hlarmy on May 16, 2008 21:49:01 GMT 1, That's all very well but what can they do about it, besides stopping the original buyers from buying again? Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-)
Manty, are you a lawyer by any chance
I very much doubt that is possible as once the buyer has exchanged there is a change of ownership so technically they would be able to do whatever they like with it. I'd be interested to hear more, from those in the know...
That's all very well but what can they do about it, besides stopping the original buyers from buying again? Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-) Manty, are you a lawyer by any chance I very much doubt that is possible as once the buyer has exchanged there is a change of ownership so technically they would be able to do whatever they like with it. I'd be interested to hear more, from those in the know...
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urbanangel
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August 2012
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Dreweatts Art Auctions π¬π§, by urbanangel on May 16, 2008 21:56:36 GMT 1, That's all very well but what can they do about it, besides stopping the original buyers from buying again? Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-)
There are such things in place already, but 9 times out of 10, they aren't worth the paper they're written on...litterally.
That's all very well but what can they do about it, besides stopping the original buyers from buying again? Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-) There are such things in place already, but 9 times out of 10, they aren't worth the paper they're written on...litterally.
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hlarmy
Junior Member
π¨οΈ 3,199
ππ» 64
November 2007
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Dreweatts Art Auctions π¬π§, by hlarmy on May 16, 2008 21:59:46 GMT 1, Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-) There are such things in place already, but 9 times out of 10, they aren't worth the paper they're written on...litterally.
Basically a 'gentlemens agreement' then rather than a legal contract? Do galleries actively blacklist those who buy to sell?
For the sake of clarification, how exactly does buying a gallery piece in 2007 and putting it in an auction in 2008 harm an artist's career? Why is it so frowned upon in the artworld?
Could galleries get a customer to sign something all legal like, that if the new owner decides to sell at auction in say the first 2 years of ownership, they have to give the gallery that sold it first refusal on buying it back ? Maybe needs a bit of tweaking ? :-) There are such things in place already, but 9 times out of 10, they aren't worth the paper they're written on...litterally. Basically a 'gentlemens agreement' then rather than a legal contract? Do galleries actively blacklist those who buy to sell? For the sake of clarification, how exactly does buying a gallery piece in 2007 and putting it in an auction in 2008 harm an artist's career? Why is it so frowned upon in the artworld?
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