[Happy Shopper]

www.bloomsburyauctions.com/detail/671/542.0

Damn!

[pokerdonp]

twenty four Mr B's and only one sold.

[dynamixx]

Some real shockers there, personally never seen so many prints unsold in any auction, has to be an new low.

Some of the estimates were definitely all over the place, but shocked to see CND soldiers signed went unsold with a low end of £2.5k, as well as Grin Reaper at 3k. Few more unsigned suprises too, Napalm not selling at £800 low end, Grannies at £600 and Sale Ends at £800.

I think the more time that goes on, the more we'll see what we used to think of premium, auction house quality prints appearing on eBay instead. Frankly prices there tend to be higher than the auction house results we've been seeing lately anyway. A lot of these prints are becoming too much of a liability at bricks and mortar auctions, especially taking into account fees and the sheer volume of unsold lots we're seeing. Either way, estimates at these places and sellers' expectations need to be seriously revised.

[curiousgeorge]

This post was in reference to the non-banksy items

[Daniel Silk]

www.artinfo.com/news/story/32597/british-auction-houses-to-link-up/

www.telegraph.co.uk/culture/art/artsales/6192422/Art-Market-News.html

"Two of Britain’s second- tier auctioneers have announced a strategic alliance that would make them, combined, one of the largest UK auctioneers. Bloomsbury Auctions, which specialises in books and works on paper, has branches in London, New York and Rome, and achieved £23 million of sales last year. Dreweatts has five regional auction rooms in the UK and notched up £16 million of sales in 2008."

[Pattycakes]

One of Bloomsbury's top departments is 20th Century prints, who will provide Dreweatts some very much needed assistance in that area. Expect new sales in 2010, particularly with an Urban theme.

[wizzy]

Is this amalgamation facilitated by the economic needs of one or both companies?, good to see Dreweatts interest in Urban sales rekindled due to the success of the Banksy show.

"Stocklight, said that he will be kick-starting Dreweatts’ re-entry into the urban art market after witnessing the enormous interest in the Banksy exhibition at Bristol City Art Gallery."

[Pattycakes]

Possibly, yes, though also I suspect because both companies specialise in particular fields and by combining they will be able to compete for bigger collections

[Pattycakes]

Have the new Bloomsbury Auctions catalogue in front of me for their December 3rd sale.

Some really good stuff, lots of Freud, Warhol etc, but noticed that they have a complete set of the Laz Micallef Lithos: Girl in red Dress, Minotaur Weapon, We Come in Peace and Bomber Girl (as well as the ed 400 set) All are Printer's Proofs edition of 2 and 4.

GIRD is £2500-3000 the others all £1,000-1500 and the set is sold separately at £500-700 each.

Some Banksy too, Nola, HMV, Laugh Now, Flying Copper and Love Rat all unsigned except Nola.

www.bloomsburyauctions.com/auction/703

[Daniel Silk]

www.bloomsburyauctions.com/auction/703/20/15

α276. Banksy (b.1975) laugh now silkscreen printed in colours, 2003, numbered 190/600 in pencil, on wove paper, the full sheet, in good condition, 690 x 490mm.
£1800 – £2000
This work has been authenticated by POW


α277. Banksy (b.1975) flying copper silkscreen printed in colours, 2004, numbered 70/600 in pencil, published by Pictures on Walls, London, on wove paper, the full sheet, in good, fresh condition, sheet 1000 x 700mm.
£700 – £900
This work has been authenticated by POW


α278. Banksy (b.1975) hmv silkscreen, 2003, with the red BANKSY tag, numbered 84/600 in pencil, published by Pictures on Walls, London, on wove paper, with full margins, a rolling crease in black at lower left otherwise in good condition, sheet 492 x 345mm.
£1000 – £1500
This work has been authenticated by Pictures on Walls.


α279. Banksy (b.1975) love rat silkscreen printed in colours, 2004, numbered 583/600, published by Pictures on Walls, with their blindstamp, on wove paper, with full margins, in good, fresh condition, sheet 492 x 342mm.
£800 – £1000
This work has been authenticated by Pictures on Walls.


α280. Banksy (b.1975) nola silkscreen printed in grey and black, 2008, signed in pencil, numbered 259/289, published by Pictures on Walls, London, on wove paper, the full sheet, in good, fresh condition, sheet 755 x 545mm.
£1400 – £1600
A certificate of authenticity issued by Pictures on walls accompanies this lot.

[Daniel Silk]

Lots of unsigned pieces by various artists in this auction are they really just posters? just the same sort of thing you could pick up at the Tate gift shop?

[Scraffer]

Flying copper seems to be a very low price to me... I am looking to buy one of these, if someone can match the high estimate, I would rather buy through the forum...

[Pattycakes]

which things are unsigned?

[Pattycakes]

Seems not so many except for a Lichtenstein and couple of Picasso proofs. Love the Rego, one of my favourite artists

[Deleted]

Signed Nola £1,800
U/s Laugh Now £2,000
U/s HMV £1,100
U/s Love Rat £950
U/s Flying Copper £800

All plus approx. 30% commissions.

[Guest]

good results

[oe32]

sobering results

[neale]

very poor sales, banksy's did ok'ish, but really glad the Mics and Hirsts werent mine, owner must have been gutted

[leephill]

1800 notes for a Nola seems a great price for the buyer given some of the recent hype on here. And yes, I do want one....

[Pattycakes]

hmmm 20,000 hammer for a Freud etching of the Doctor, doesn't sound like a bad sale to me.... Rego seriously poor though...

[BlackRatPress]

nola was in shitty condition.

[Urban Cowboy]

Always liked the Lichtenstein 'Cow Turning Abstract', amazed to see it go so low.

Wouls love one of those at that price.

[Scraffer]

I lost the Flying Copper... It went for £800, so even with the extra 22% that's still a bargain...

[Pattycakes]

Cow going abstract yuk yuk yuk, and that other triptych is a horror as well, shouldn't be sold IMHO

[Coach]

Dec 5, 2009 0:55:37 GMT 1 RolexDave said:

Dec 4, 2009 23:34:22 GMT 1 neale said:

very poor sales, banksy's did ok'ish, but really glad the Mics and Hirsts werent mine, owner must have been gutted

Anyone holding Micallef prints now might as well use them for toilet paper.
Sad that the powers that be decided to flood the market with prints and rape the greedy. All you can say is, never again! His print market is clearly not being supported.

Unless you like them on the wall though eh?

[Pattycakes]

You're right sixpac, Shame as Micallef really should never have been sold/promoted on the big Banksy Urban bandwagon, if they'd been a bit smarter and given him a more serious angle he might still have a collectorbase... but then greed will out.

[Poppy Sunshine]

Micallef will be back although he's taking a bigger battering than most.

A real shame for one of the few with proper talent.

The people with spare cash at the moment are going for the safer Banksy option in terms of investment so the auction money is not going to go on the Mics.

Unfortunately crap auction results stick in the memory like the odd middle of the night bargain prices on ebay so it looks like we have a new benchmark.

You've got a framed Judgement Day on the forum at £550 which is of course an absolute bargain, then you've got MWIH going for just over 1k on the bay and Minotaur Weapon etc at £1k in auction all in the same week.
What is all that about?

[Pattycakes]

I think that's what they are worth at the moment, hence the prices, at auction you've got the actual price people are prepared to pay for a work of art at any given time - Im this case Mic's work was just not in favour... I don't know where it goes from here, my suspicion is people really need to stop dumping them, it's the only way people will establish that these are not something people just want to get out of... sadly the majority of his buyers bought to flip so it's bad all round

[Simococo]

at primary they all sold out so Micallef will have made a nice tidy lump
I doubt he's that concerned

[spartan]

Just run an archive search on Micallef, and how the prices have tumbled. For example, Judgment Day sold for £1800 in October 2007.

It can't be sold framed for £500 now.

I'm not sure Micallef prices will ever go back to their previous levels. In fact, I can see the prices coming down even further, as people try to let them go before they totally lose value.

Good news for those who like his images and want them on their wall, bad news for people who were caught up in the frenzy, and were only ever interested in flipping.