Harveyn
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July 2007
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Bloomsbury Auctions 🇬🇧, by Harveyn on Dec 3, 2014 17:39:43 GMT 1, The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale £4,121 Barcode £7,728 I Fought The Law £2,833 Laugh Now £6,182 CND (signed) £7,084 Jack and Jill (Signed) £7,728 Pulp Fiction AP (Signed) £18,032 Love is in the Air £7,728 Soup x 4 (Signed) £14,168 Toxic Mary £5,152 CND £4,121 Love Rat £5,796 Grannies £3,348 Applause £4,894 CYW Purple (Signed) £16,744
The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale £4,121 Barcode £7,728 I Fought The Law £2,833 Laugh Now £6,182 CND (signed) £7,084 Jack and Jill (Signed) £7,728 Pulp Fiction AP (Signed) £18,032 Love is in the Air £7,728 Soup x 4 (Signed) £14,168 Toxic Mary £5,152 CND £4,121 Love Rat £5,796 Grannies £3,348 Applause £4,894 CYW Purple (Signed) £16,744
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Nick
Junior Member
Posts • 1,562
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January 2014
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Bloomsbury Auctions 🇬🇧, by Nick on Dec 3, 2014 17:51:16 GMT 1, IFTL and Grannies are touching base, all others are in excess to what i would deem market value. (except PF, AP, wher i have no clue on price) The seller has done well, the auction house is the real winner...
IFTL and Grannies are touching base, all others are in excess to what i would deem market value. (except PF, AP, wher i have no clue on price) The seller has done well, the auction house is the real winner...
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Hubble Bubble
Junior Member
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December 2010
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Bloomsbury Auctions 🇬🇧, by Hubble Bubble on Dec 3, 2014 17:56:56 GMT 1, So the sale room makes money from the buyer and the seller Yeah, that's standard to be honest… not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
So the sale room makes money from the buyer and the seller Yeah, that's standard to be honest… not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
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Deleted
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January 1970
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Bloomsbury Auctions 🇬🇧, by Deleted on Dec 3, 2014 18:00:26 GMT 1, So the sale room makes money from the buyer and the seller Yeah, that's standard to be honest… not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
So the sale room makes money from the buyer and the seller Yeah, that's standard to be honest… not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
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Deleted
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January 1970
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Bloomsbury Auctions 🇬🇧, by Deleted on Dec 3, 2014 18:04:14 GMT 1, Bambi 2.4K
I'm cynical, it's not as if someone as wealthy as Bambi or other rich person couldn't push up auction sale prices in theory.
JPS is more street and better known than Bambi outside Chelsea or is it leftie Islington ? yet doubt a JPS print would sell for that price.
Some prints unsold by various artists which is OK to see.
Hirst unsold and others, so is it because investors wen't for the Banksy's?
Bambi 2.4K
I'm cynical, it's not as if someone as wealthy as Bambi or other rich person couldn't push up auction sale prices in theory.
JPS is more street and better known than Bambi outside Chelsea or is it leftie Islington ? yet doubt a JPS print would sell for that price.
Some prints unsold by various artists which is OK to see.
Hirst unsold and others, so is it because investors wen't for the Banksy's?
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Hubble Bubble
Junior Member
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December 2010
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Bloomsbury Auctions 🇬🇧, by Hubble Bubble on Dec 3, 2014 18:06:12 GMT 1, Yeah, that's standard to be honest… not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sure… I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know.
Yeah, that's standard to be honest… not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sure… I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know.
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Boyle44
New Member
Posts • 815
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February 2014
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Bloomsbury Auctions 🇬🇧, by Boyle44 on Dec 3, 2014 18:06:15 GMT 1, The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale £4,121 Barcode £7,728 I Fought The Law £2,833 Laugh Now £6,182 CND (signed) £7,084 Jack and Jill (Signed) £7,728 Pulp Fiction AP (Signed) £18,032 Love is in the Air £7,728 Soup x 4 (Signed) £14,168 Toxic Mary £5,152 CND £4,121 Love Rat £5,796 Grannies £3,348 Applause £4,894 CYW Purple (Signed) £16,744
The power of banksy lol
The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale £4,121 Barcode £7,728 I Fought The Law £2,833 Laugh Now £6,182 CND (signed) £7,084 Jack and Jill (Signed) £7,728 Pulp Fiction AP (Signed) £18,032 Love is in the Air £7,728 Soup x 4 (Signed) £14,168 Toxic Mary £5,152 CND £4,121 Love Rat £5,796 Grannies £3,348 Applause £4,894 CYW Purple (Signed) £16,744
The power of banksy lol
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Hubble Bubble
Junior Member
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December 2010
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Bloomsbury Auctions 🇬🇧, by Hubble Bubble on Dec 3, 2014 18:07:32 GMT 1, **boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh
**boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh
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Boyle44
New Member
Posts • 815
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February 2014
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Bloomsbury Auctions 🇬🇧, by Boyle44 on Dec 3, 2014 18:09:12 GMT 1, **boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh
Haha
**boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh Haha
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Hubble Bubble
Junior Member
Posts • 4,098
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December 2010
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Bloomsbury Auctions 🇬🇧, by Hubble Bubble on Dec 3, 2014 18:09:47 GMT 1, *don't worry, hubblebubble is doing the same thing… as for Harveyn… he's had to have a lie down
*don't worry, hubblebubble is doing the same thing… as for Harveyn… he's had to have a lie down
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Deleted
Posts • 0
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January 1970
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Bloomsbury Auctions 🇬🇧, by Deleted on Dec 3, 2014 18:11:30 GMT 1,
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sure… I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know. I can be quite a noob sometimes
they make the big money from lots of smaller value lots raking in fees.
I don't know about the USA but UK auction houses can be very odd and lacking real expertise.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sure… I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know. I can be quite a noob sometimes
they make the big money from lots of smaller value lots raking in fees.
I don't know about the USA but UK auction houses can be very odd and lacking real expertise.
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cmodart
Junior Member
Posts • 1,568
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March 2014
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Bloomsbury Auctions 🇬🇧, by cmodart on Dec 4, 2014 2:15:18 GMT 1, I put in lots of bids and got beat to death. Really strong prices. The Richter clouds got away from me too. I just quit after a while because clearly the room was on fire. Made me feel better about paying a lot for a LR recently tho
I put in lots of bids and got beat to death. Really strong prices. The Richter clouds got away from me too. I just quit after a while because clearly the room was on fire. Made me feel better about paying a lot for a LR recently tho
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Deleted
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January 1970
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Bloomsbury Auctions 🇬🇧, by Deleted on Dec 4, 2014 19:02:56 GMT 1, dang, those prices are not low.
dang, those prices are not low.
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Deleted
Posts • 0
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January 1970
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Bloomsbury Auctions 🇬🇧, by Deleted on Dec 5, 2014 3:21:01 GMT 1, that said, feeling muuuuch better about what i paid for my TM in september (although I'm assuming that sale price is a one-off since it's about 1000GBP above anything i've seen).
that said, feeling muuuuch better about what i paid for my TM in september (although I'm assuming that sale price is a one-off since it's about 1000GBP above anything i've seen).
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Hubble Bubble
Junior Member
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December 2010
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Bloomsbury Auctions 🇬🇧, by Hubble Bubble on Dec 5, 2014 10:38:18 GMT 1, I think it says online in total its 28.8 % on top of hammer price . Can someone confirm that I'm thinking straight… Am thinking of bidding at auction for a piece. Hammer price buyer's fee (at the auction concerned ) is 25%, Artist resale rights are 4% of Hammer price. VAT at 20% is due on the buyer's fee but not the Artist resale element. So I make this a total of:
Hammer price + 25% +4% + 5% (25% of hammer price x 20%)
which equals
Hammer price + 34%
So if I bid £10k, I'd be paying £13,400
based on:
Hammer price £10,000 Buyer's Fee: £ 2,500 (25% of hammer price) Artist Resale: £ 400 (4% of hammer price) VAT: £ 500 (20% of Buyer's fee)
Total due: £13,400
Make sense so far?
So, if I have a maximum I can pay of £10,000, I need to limit my hammer price to
£10,000 divided by 134 multiplied by 100 which comes to £7,462.69 Let me know if I've messed up anywhere
Jaysus… sometimes galleries have their allure.
I think it says online in total its 28.8 % on top of hammer price . Can someone confirm that I'm thinking straight… Am thinking of bidding at auction for a piece. Hammer price buyer's fee (at the auction concerned ) is 25%, Artist resale rights are 4% of Hammer price. VAT at 20% is due on the buyer's fee but not the Artist resale element. So I make this a total of: Hammer price + 25% +4% + 5% (25% of hammer price x 20%) which equals Hammer price + 34% So if I bid £10k, I'd be paying £13,400 based on: Hammer price £10,000 Buyer's Fee: £ 2,500 (25% of hammer price)
Artist Resale: £ 400 (4% of hammer price) VAT: £ 500 (20% of Buyer's fee)
Total due: £13,400
Make sense so far?
So, if I have a maximum I can pay of £10,000, I need to limit my hammer price to £10,000 divided by 134 multiplied by 100 which comes to £7,462.69 Let me know if I've messed up anywhere Jaysus… sometimes galleries have their allure.
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curiousgeorge
Junior Member
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March 2007
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Bloomsbury Auctions 🇬🇧, by curiousgeorge on Dec 6, 2014 3:13:06 GMT 1, The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale £4,121 Barcode £7,728 I Fought The Law £2,833 Laugh Now £6,182 CND (signed) £7,084 Jack and Jill (Signed) £7,728 Pulp Fiction AP (Signed) £18,032 Love is in the Air £7,728 Soup x 4 (Signed) £14,168 Toxic Mary £5,152 CND £4,121 Love Rat £5,796 Grannies £3,348 Applause £4,894 CYW Purple (Signed) £16,744
Can you do the same for what the seller/s would walk away with please?
The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale £4,121 Barcode £7,728 I Fought The Law £2,833 Laugh Now £6,182 CND (signed) £7,084 Jack and Jill (Signed) £7,728 Pulp Fiction AP (Signed) £18,032 Love is in the Air £7,728 Soup x 4 (Signed) £14,168 Toxic Mary £5,152 CND £4,121 Love Rat £5,796 Grannies £3,348 Applause £4,894 CYW Purple (Signed) £16,744
Can you do the same for what the seller/s would walk away with please?
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trapnel1
New Member
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September 2008
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Bloomsbury Auctions 🇬🇧, by trapnel1 on Dec 6, 2014 10:14:55 GMT 1, What the sellers walked away with (assuming 16.5% seller fee, and not taking account of the catalogue illustration fee).......
Golf Sale £2672 Barcode £5010 I Fought The Law £1837 Laugh Now £4008 CND (signed) £4593 Jack and Jill (Signed) £5010 Pulp Fiction AP (Signed) £11690 Love is in the Air £5010 Soup x 4 (Signed) £9185 Toxic Mary £3340 CND £2672 Love Rat £3758 Grannies £2171 Applause £3173 CYW Purple (Signed) £10855
What the sellers walked away with (assuming 16.5% seller fee, and not taking account of the catalogue illustration fee).......
Golf Sale £2672 Barcode £5010 I Fought The Law £1837 Laugh Now £4008 CND (signed) £4593 Jack and Jill (Signed) £5010 Pulp Fiction AP (Signed) £11690 Love is in the Air £5010 Soup x 4 (Signed) £9185 Toxic Mary £3340 CND £2672 Love Rat £3758 Grannies £2171 Applause £3173 CYW Purple (Signed) £10855
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Hubble Bubble
Junior Member
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December 2010
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Bloomsbury Auctions 🇬🇧, by Hubble Bubble on Dec 6, 2014 11:30:19 GMT 1, Have you added VAT at 20% to the seller's fee?
Have you added VAT at 20% to the seller's fee?
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Pattycakes
Junior Member
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June 2007
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Bloomsbury Auctions 🇬🇧, by Pattycakes on Dec 6, 2014 20:18:45 GMT 1, hmmm not quite.
hmmm not quite.
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lucky7
New Member
Posts • 423
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June 2014
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FЯ
Full Member
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May 2013
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gironawatch
Junior Member
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August 2007
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Bloomsbury Auctions 🇬🇧, by gironawatch on Apr 23, 2015 7:58:59 GMT 1, Price are bit down in the last few month. More the signed than unsigned.
Price are bit down in the last few month. More the signed than unsigned.
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Black Apple Art
Art Gallery
Junior Member
Posts • 2,007
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September 2013
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Bloomsbury Auctions 🇬🇧, by Black Apple Art on Apr 23, 2015 9:19:47 GMT 1, Price are bit down in the last few month. More the signed than unsigned. I can honestly say, I haven't seen more prints available in a while as the high prices have obviously been bringing a new level of people willing to part with their pieces. But in contrast, without a doubt, I have never seen more damaged and less than investment quality prints in circulation ever. Between myself and several other buyers and collectors, I can honestly say more than half of all pieces I see for sale, and that's probably low, have undisclosed damage. I believe this is due to three main reasons:
1) We know many older pieces that were first purchased for a few hundred pounds or less were just not deemed worthy of spending more than a fraction of that framing. I think this is the smallest portion of the issue now as many have been flushed out, so no need to go further into that. 2) Most framers really do not possess the knowledge or skill to do true conservation framing. This combined with the most owners knowing even less, is a deadly combination resulting in a massive amount of prints out there with are severely damaged and getting worse with every passing day. The scary thing is many of these pieces look perfect framed and sadly enough, this is how most are sold with neither the buyer or seller even bothering to open and inspect it. 3) Many being aware of the factors in #2 go by this "no inspection, no issue" policy where they either know the piece is damaged and pass it along again or just don't want to look. I can't even count how many galleries, resellers and owners just in the past 6 months have sworn pieces to be "perfect" or "mint" and after the smoke clears I have found out they have never even looked at the piece beyond the framed glass, or that was their excuse, and then always blame the original owner, the framer or they old, I just never looked. Double sided tape, glue, non conservation grade materials.. the list goes on and on. There are some great framers out there but for every great one there are probably 10 that are not so good so know your framer, know your shit or even better, know both!
All and all yes, there are some deals to be had but when you see a low price or a price that seems "above market" wether from a private party, dealer or auction house...you need to know what was actually sold. To think that all the pieces my mates and I have returned or refused are most likely hanging in someone's home having no clue of what they truly have is scary and sad.
I probably have gotten off topic here but I think if more people knew the questions to ask and what to look for it would put a big dent in this massive issue that for the most part goes unnoticed until it's too late. With the little that is out there, these pieces are scarce enough as it is and to pay or charge a premium for a truly top quality and preserved print is worth every penny imo.
As you were.
Price are bit down in the last few month. More the signed than unsigned. I can honestly say, I haven't seen more prints available in a while as the high prices have obviously been bringing a new level of people willing to part with their pieces. But in contrast, without a doubt, I have never seen more damaged and less than investment quality prints in circulation ever. Between myself and several other buyers and collectors, I can honestly say more than half of all pieces I see for sale, and that's probably low, have undisclosed damage. I believe this is due to three main reasons: 1) We know many older pieces that were first purchased for a few hundred pounds or less were just not deemed worthy of spending more than a fraction of that framing. I think this is the smallest portion of the issue now as many have been flushed out, so no need to go further into that. 2) Most framers really do not possess the knowledge or skill to do true conservation framing. This combined with the most owners knowing even less, is a deadly combination resulting in a massive amount of prints out there with are severely damaged and getting worse with every passing day. The scary thing is many of these pieces look perfect framed and sadly enough, this is how most are sold with neither the buyer or seller even bothering to open and inspect it. 3) Many being aware of the factors in #2 go by this "no inspection, no issue" policy where they either know the piece is damaged and pass it along again or just don't want to look. I can't even count how many galleries, resellers and owners just in the past 6 months have sworn pieces to be "perfect" or "mint" and after the smoke clears I have found out they have never even looked at the piece beyond the framed glass, or that was their excuse, and then always blame the original owner, the framer or they old, I just never looked. Double sided tape, glue, non conservation grade materials.. the list goes on and on. There are some great framers out there but for every great one there are probably 10 that are not so good so know your framer, know your shit or even better, know both! All and all yes, there are some deals to be had but when you see a low price or a price that seems "above market" wether from a private party, dealer or auction house...you need to know what was actually sold. To think that all the pieces my mates and I have returned or refused are most likely hanging in someone's home having no clue of what they truly have is scary and sad. I probably have gotten off topic here but I think if more people knew the questions to ask and what to look for it would put a big dent in this massive issue that for the most part goes unnoticed until it's too late. With the little that is out there, these pieces are scarce enough as it is and to pay or charge a premium for a truly top quality and preserved print is worth every penny imo. As you were.
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Harveyn
Forum Guardian
Full Member
Posts • 7,690
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July 2007
Staff Member
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Bloomsbury Auctions 🇬🇧, by Harveyn on Jul 2, 2015 23:43:00 GMT 1, Strong results on these.
Unsigned
Golf Sale £2480 Pulp Fiction £7192 Napalm £4960 LN £5580 Love Rat £7740 G. Rat £7740 LIITA £11160 Soup Can £5208 Grannies £4960
Signed
IFTL £7440 Grin Reaper £11780
Strong results on these.
Unsigned
Golf Sale £2480 Pulp Fiction £7192 Napalm £4960 LN £5580 Love Rat £7740 G. Rat £7740 LIITA £11160 Soup Can £5208 Grannies £4960
Signed
IFTL £7440 Grin Reaper £11780
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samfrost
New Member
Posts • 783
Likes • 526
June 2014
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Bloomsbury Auctions 🇬🇧, by samfrost on Jul 3, 2015 0:07:55 GMT 1, Not to mention a very scratch and dent sale. Always check the condition reports!!
Not to mention a very scratch and dent sale. Always check the condition reports!!
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brookvale
New Member
Posts • 325
Likes • 136
January 2013
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Bloomsbury Auctions 🇬🇧, by brookvale on Jul 3, 2015 10:32:51 GMT 1, Are grim reapers really that much? There were a few on here for sale a while back.
Are grim reapers really that much? There were a few on here for sale a while back.
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Winter
Junior Member
Posts • 7,139
Likes • 4,444
March 2007
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Bloomsbury Auctions 🇬🇧, by Winter on Jul 3, 2015 16:48:44 GMT 1, Always felt the Grin Reaper deserved to be up there with some of his other prints. Love the thick ink.
Always felt the Grin Reaper deserved to be up there with some of his other prints. Love the thick ink.
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Catman 74
Junior Member
Posts • 1,223
Likes • 841
November 2014
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Bloomsbury Auctions 🇬🇧, by Catman 74 on Jul 3, 2015 18:05:39 GMT 1, The IFTl had a really bad tear although restored you could clearly see the damage..
The IFTl had a really bad tear although restored you could clearly see the damage..
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Unica
Junior Member
Posts • 2,058
Likes • 1,220
November 2013
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Bloomsbury Auctions 🇬🇧, by Unica on Jul 3, 2015 18:17:24 GMT 1, £11k for an unsigned LIITA, they have gone to the next level. That and GWB are separating themselves, more expensive than most other signed prints now.
£11k for an unsigned LIITA, they have gone to the next level. That and GWB are separating themselves, more expensive than most other signed prints now.
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Catman 74
Junior Member
Posts • 1,223
Likes • 841
November 2014
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Bloomsbury Auctions 🇬🇧, by Catman 74 on Jul 3, 2015 18:43:03 GMT 1, Napalm and grannies coming up in price too
Napalm and grannies coming up in price too
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