afroken
Junior Member
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February 2009
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Faile Ecstasy Print - June 15th, by afroken on Jun 15, 2010 22:32:43 GMT 1, It's shrunk! They've changed the dimensions on the PM site to 24x36 inches.
It's shrunk! They've changed the dimensions on the PM site to 24x36 inches.
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etched
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February 2008
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Faile Ecstasy Print - June 15th, by etched on Jun 15, 2010 22:35:38 GMT 1, It's shrunk! They've changed the dimensions on the PM site to 24x36 inches.
wonder which end they are cutting? looks like a great print- i do enjoy faile at papermonster
It's shrunk! They've changed the dimensions on the PM site to 24x36 inches. wonder which end they are cutting? looks like a great print- i do enjoy faile at papermonster
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Karl Read
Artist
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Faile Ecstasy Print - June 15th, by Karl Read on Jun 15, 2010 22:37:51 GMT 1, It's shrunk! They've changed the dimensions on the PM site to 24x36 inches.
still a good size huh? Same as the large fairey offsets.
It's shrunk! They've changed the dimensions on the PM site to 24x36 inches. still a good size huh? Same as the large fairey offsets.
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Faile Ecstasy Print - June 15th, by bazzj04 on Jun 15, 2010 22:47:07 GMT 1, Still there?
Still there?
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Faile Ecstasy Print - June 15th, by fool4faile on Jun 15, 2010 22:49:06 GMT 1, yep.
yep.
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boatboy
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March 2009
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Faile Ecstasy Print - June 15th, by boatboy on Jun 15, 2010 23:44:26 GMT 1, Its good the faile prints aren't going like hot cakes now. Tough times. Gives you a bit of time to think over a purchase.
Its good the faile prints aren't going like hot cakes now. Tough times. Gives you a bit of time to think over a purchase.
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RBK
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Faile Ecstasy Print - June 15th, by RBK on Jun 16, 2010 1:07:05 GMT 1, What about the people like myself (and im sure im not the only one here) who thinks $750 is a lot of money to them, maybe cant really afford to spend that money right now. Who actually want the image but think maybe, as previous Faile papermonster prints have dropped, so they are trying to be carfefull with their hard earned £/$ rather than thinking about flipping.
banksee - I'm not trying to sound harsh but if you "can't really afford to spend that money right now" it's simple - don't. Faile isn't forcing any one to buy these prints. Plus framing isn't going to be cheap for a print of this size.
They are priced well - not over-priced or under-priced. Had they been $500 and sold out in minutes everyone would be complaining they didn't get one; had they been over $1000 people would have been grumbling they were priced too high. Pricing that doesn't attract flippers and gets you an incredible (I think no question the best PaperMonster release thus far) Faile is a good thing. Plus it's nice to be able to think over a purchase like the old days.
Congrats to those who pulled the trigger.
What about the people like myself (and im sure im not the only one here) who thinks $750 is a lot of money to them, maybe cant really afford to spend that money right now. Who actually want the image but think maybe, as previous Faile papermonster prints have dropped, so they are trying to be carfefull with their hard earned £/$ rather than thinking about flipping. banksee - I'm not trying to sound harsh but if you "can't really afford to spend that money right now" it's simple - don't. Faile isn't forcing any one to buy these prints. Plus framing isn't going to be cheap for a print of this size. They are priced well - not over-priced or under-priced. Had they been $500 and sold out in minutes everyone would be complaining they didn't get one; had they been over $1000 people would have been grumbling they were priced too high. Pricing that doesn't attract flippers and gets you an incredible (I think no question the best PaperMonster release thus far) Faile is a good thing. Plus it's nice to be able to think over a purchase like the old days. Congrats to those who pulled the trigger.
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Faile Ecstasy Print - June 15th, by Johnston America on Jun 16, 2010 1:39:33 GMT 1, well said RBK, well said..
well said RBK, well said..
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volvic
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Faile Ecstasy Print - June 15th, by volvic on Jun 16, 2010 2:43:10 GMT 1, very well said
very well said
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Karl Read
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Faile Ecstasy Print - June 15th, by Karl Read on Jun 16, 2010 9:16:25 GMT 1, What about the people like myself (and im sure im not the only one here) who thinks $750 is a lot of money to them, maybe cant really afford to spend that money right now. Who actually want the image but think maybe, as previous Faile papermonster prints have dropped, so they are trying to be carfefull with their hard earned £/$ rather than thinking about flipping. banksee - I'm not trying to sound harsh but if you "can't really afford to spend that money right now" it's simple - don't. Faile isn't forcing any one to buy these prints. Plus framing isn't going to be cheap for a print of this size. They are priced well - not over-priced or under-priced. Had they been $500 and sold out in minutes everyone would be complaining they didn't get one; had they been over $1000 people would have been grumbling they were priced too high. Pricing that doesn't attract flippers and gets you an incredible (I think no question the best PaperMonster release thus far) Faile is a good thing. Plus it's nice to be able to think over a purchase like the old days. Congrats to those who pulled the trigger.
You have taken my post without quoting what i was commenting on. I couldnt agree with you any more, hence why i decided to pass. Once my decorating bill is paid this month and if they are still around next month i may take the plundge. I was just responding to the post about people not buying because its not flipable or its not an investment, i was simply pointing out its not as simple as that.
What about the people like myself (and im sure im not the only one here) who thinks $750 is a lot of money to them, maybe cant really afford to spend that money right now. Who actually want the image but think maybe, as previous Faile papermonster prints have dropped, so they are trying to be carfefull with their hard earned £/$ rather than thinking about flipping. banksee - I'm not trying to sound harsh but if you "can't really afford to spend that money right now" it's simple - don't. Faile isn't forcing any one to buy these prints. Plus framing isn't going to be cheap for a print of this size. They are priced well - not over-priced or under-priced. Had they been $500 and sold out in minutes everyone would be complaining they didn't get one; had they been over $1000 people would have been grumbling they were priced too high. Pricing that doesn't attract flippers and gets you an incredible (I think no question the best PaperMonster release thus far) Faile is a good thing. Plus it's nice to be able to think over a purchase like the old days. Congrats to those who pulled the trigger. You have taken my post without quoting what i was commenting on. I couldnt agree with you any more, hence why i decided to pass. Once my decorating bill is paid this month and if they are still around next month i may take the plundge. I was just responding to the post about people not buying because its not flipable or its not an investment, i was simply pointing out its not as simple as that.
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wimpy
New Member
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November 2007
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Faile Ecstasy Print - June 15th, by wimpy on Jun 16, 2010 10:35:45 GMT 1, Beautiful large print with tons of work into it. Well worth $750 if you've got it and enjoy the image and colors.
Prints don't need to sell out in 2 minutes for them to be good. I understand this is a Banksy-based forum, but using the speed/price at which Banksy prints move as a reference point is just silly. If a release isn't a site-crashing mess which results in instant high resale vale, the regular arguments repeat themselves.
And if it is 24x36, that leaves a TON of options for pre-made frames to cut down majorly on cost. Get creative with some spraypaint for the frame and use some home-made spacers. You could easily frame this up for around $50 all-in.
Beautiful large print with tons of work into it. Well worth $750 if you've got it and enjoy the image and colors.
Prints don't need to sell out in 2 minutes for them to be good. I understand this is a Banksy-based forum, but using the speed/price at which Banksy prints move as a reference point is just silly. If a release isn't a site-crashing mess which results in instant high resale vale, the regular arguments repeat themselves.
And if it is 24x36, that leaves a TON of options for pre-made frames to cut down majorly on cost. Get creative with some spraypaint for the frame and use some home-made spacers. You could easily frame this up for around $50 all-in.
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Faile Ecstasy Print - June 15th, by daddychaps on Jun 16, 2010 11:31:20 GMT 1, I think its a great print. And i think £500ish is a fair price.
I personally would also love this on the wall. But... I cant justify the cash at the moment.
I think its a great print. And i think £500ish is a fair price. I personally would also love this on the wall. But... I cant justify the cash at the moment.
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Dellboyy
Artist
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Faile Ecstasy Print - June 15th, by Dellboyy on Jun 16, 2010 12:13:42 GMT 1, I think its a great print. And i think £500ish is a fair price. I personally would also love this on the wall. But... I cant justify the cash at the moment.
Yup same for me exactly! Great print, ok price, but can't afford atm!
I think its a great print. And i think £500ish is a fair price. I personally would also love this on the wall. But... I cant justify the cash at the moment. Yup same for me exactly! Great print, ok price, but can't afford atm!
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graffalo
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May 2008
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Faile Ecstasy Print - June 15th, by graffalo on Jun 16, 2010 15:55:12 GMT 1, That is a damn nice print. Wish they would just sell out as I won't be able to resist for much longer.
That is a damn nice print. Wish they would just sell out as I won't be able to resist for much longer.
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G-Man
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November 2007
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Faile Ecstasy Print - June 15th, by G-Man on Jun 16, 2010 15:57:48 GMT 1, I agree this is my fav Faile print for a long time but no cash to spill on such a large print and no wall space to do it justice... not fair to keep this under wraps IMO... Right off to look at my walls to decide if there is anything that could be sold to make space and fund one of these on the secondary market now
I agree this is my fav Faile print for a long time but no cash to spill on such a large print and no wall space to do it justice... not fair to keep this under wraps IMO... Right off to look at my walls to decide if there is anything that could be sold to make space and fund one of these on the secondary market now
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lalinea
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January 2008
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Faile Ecstasy Print - June 15th, by lalinea on Jun 16, 2010 16:06:21 GMT 1, Definitely the best paper monster release thus far!
Definitely the best paper monster release thus far!
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Faile Ecstasy Print - June 15th, by rosstierney on Jun 16, 2010 16:19:54 GMT 1, Definitely the best paper monster release thus far!
No doubt a great print but if I had the choice between this and 'My Confessions', it would have to be MC. Tasty!
Definitely the best paper monster release thus far! No doubt a great print but if I had the choice between this and 'My Confessions', it would have to be MC. Tasty!
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Faile Ecstasy Print - June 15th, by sputnikeye on Jun 16, 2010 16:49:53 GMT 1, sold out
sold out
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artstylee
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January 2008
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Faile Ecstasy Print - June 15th, by artstylee on Jun 16, 2010 17:09:48 GMT 1,
As we all know it would.
I prefer this Faile Ecstacy Print to the My Confessions Print. Because the MC one is too predictable with the whole money meets horror film text in the background, and some cute cuddly baby kitten in the background.
You should just buy an Aiko instead if you miss that Hello Kitty flavor. Whoever said that bunny huffer print is better must not have seen that in stock at BRP for like 4 months years back. one of the wackest faile images if you ask me.
Their new stuff is on point. Which is why they showed at the Gagosian in 2010. Because their new stuff is getting really good.
TO JAMES that was a b*tch move trying to post multiple large images of stuff with similar prices. The level of douchbaggery there was outstanding. Trying to relate/compare tired old art auction prices(for some artists least sought after pieces) to Hot New Limited Edition Street Art Print. Apples and Oranges. Suck it James.
As we all know it would. I prefer this Faile Ecstacy Print to the My Confessions Print. Because the MC one is too predictable with the whole money meets horror film text in the background, and some cute cuddly baby kitten in the background. You should just buy an Aiko instead if you miss that Hello Kitty flavor. Whoever said that bunny huffer print is better must not have seen that in stock at BRP for like 4 months years back. one of the wackest faile images if you ask me. Their new stuff is on point. Which is why they showed at the Gagosian in 2010. Because their new stuff is getting really good. TO JAMES that was a b*tch move trying to post multiple large images of stuff with similar prices. The level of douchbaggery there was outstanding. Trying to relate/compare tired old art auction prices(for some artists least sought after pieces) to Hot New Limited Edition Street Art Print. Apples and Oranges. Suck it James.
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Winter
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Faile Ecstasy Print - June 15th, by Winter on Jun 16, 2010 17:40:30 GMT 1, MC is far better and classic Faile in my opinion although I like them both
MC is far better and classic Faile in my opinion although I like them both
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Faile Ecstasy Print - June 15th, by jamesreeve5 on Jun 16, 2010 20:01:14 GMT 1, Got one too!. 12 Color Print from a Gagosian backed artist(s).
Last Faile Print Release - Faile Flag $350 Each - Ed of 300 (2 COLORS.) This Print is $775 (with 6 Times the Colors) (12 Color Print). And is almost 1/2 the edition size of Faile 2 Color Flag with an Edition of 175 prints instead of 300. (6x's the color - nearly 1/2 the edition size) I'd say it's a solid print to say the least. Best Faile Print I've seen. First Faile colorful/flavorful enough to make me commit to purchase. My first Faile and it's a banger. All of the Haters have problems that go well beyond art print purchases.
As we all know it would. I prefer this Faile Ecstacy Print to the My Confessions Print. Because the MC one is too predictable with the whole money meets horror film text in the background, and some cute cuddly baby kitten in the background. You should just buy an Aiko instead if you miss that Hello Kitty flavor. Whoever said that bunny huffer print is better must not have seen that in stock at BRP for like 4 months years back. one of the wackest faile images if you ask me. Their new stuff is on point. Which is why they showed at the Gagosian in 2010. Because their new stuff is getting really good. TO JAMES that was a b*tch move trying to post multiple large images of stuff with similar prices. The level of douchbaggery there was outstanding. Trying to relate/compare tired old art auction prices(for some artists least sought after pieces) to Hot New Limited Edition Street Art Print. Apples and Oranges. Suck it James.
Talk it up a bit more Artstylee. It looks like its your first time out of diapers and in the big boy art world, but it's really not. How many times can you say the word Gagosian in a single thread? They showed ONE PIECE at Gagosian in a secondary group show behind the main attraction of Aaron Young. They are far from a Gagosian backed artist.
But you could have bought THREE of these ed. 60 prints by a REAL Gagosian backed artist who had a full fledged solo show at Gagosian for the same price! store.oh-wow.com/item.html/132139
This isn't a cheerleader thread for Faile, people are entitled to equal opinion. And I'm sorry, but do you have a firm grasp on the Sigmar Polke or William Wegman markets? How do you know that these are their least sought after pieces? And what about the Faile piece I put up there? Doesn't look like apples to oranges to me... it sounds like you are just want this to be the best Faile print ever because you decided to buy one. They say a fool and his money are soon parted.
Got one too!. 12 Color Print from a Gagosian backed artist(s). Last Faile Print Release - Faile Flag $350 Each - Ed of 300 (2 COLORS.) This Print is $775 (with 6 Times the Colors) (12 Color Print). And is almost 1/2 the edition size of Faile 2 Color Flag with an Edition of 175 prints instead of 300. (6x's the color - nearly 1/2 the edition size) I'd say it's a solid print to say the least. Best Faile Print I've seen. First Faile colorful/flavorful enough to make me commit to purchase. My first Faile and it's a banger. All of the Haters have problems that go well beyond art print purchases. As we all know it would. I prefer this Faile Ecstacy Print to the My Confessions Print. Because the MC one is too predictable with the whole money meets horror film text in the background, and some cute cuddly baby kitten in the background. You should just buy an Aiko instead if you miss that Hello Kitty flavor. Whoever said that bunny huffer print is better must not have seen that in stock at BRP for like 4 months years back. one of the wackest faile images if you ask me. Their new stuff is on point. Which is why they showed at the Gagosian in 2010. Because their new stuff is getting really good. TO JAMES that was a b*tch move trying to post multiple large images of stuff with similar prices. The level of douchbaggery there was outstanding. Trying to relate/compare tired old art auction prices(for some artists least sought after pieces) to Hot New Limited Edition Street Art Print. Apples and Oranges. Suck it James. Talk it up a bit more Artstylee. It looks like its your first time out of diapers and in the big boy art world, but it's really not. How many times can you say the word Gagosian in a single thread? They showed ONE PIECE at Gagosian in a secondary group show behind the main attraction of Aaron Young. They are far from a Gagosian backed artist. But you could have bought THREE of these ed. 60 prints by a REAL Gagosian backed artist who had a full fledged solo show at Gagosian for the same price! store.oh-wow.com/item.html/132139This isn't a cheerleader thread for Faile, people are entitled to equal opinion. And I'm sorry, but do you have a firm grasp on the Sigmar Polke or William Wegman markets? How do you know that these are their least sought after pieces? And what about the Faile piece I put up there? Doesn't look like apples to oranges to me... it sounds like you are just want this to be the best Faile print ever because you decided to buy one. They say a fool and his money are soon parted.
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Faile Ecstasy Print - June 15th, by dbnetherleigh on Jun 16, 2010 20:40:27 GMT 1, ;DLOL! But have to agree with James - each to their own. This is probably not the best Faile and certainly not the worst - but I suspect some of the more established artists put up originally by James have and will continue to last test of time..........
;DLOL! But have to agree with James - each to their own. This is probably not the best Faile and certainly not the worst - but I suspect some of the more established artists put up originally by James have and will continue to last test of time..........
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bert
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August 2007
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Faile Ecstasy Print - June 15th, by bert on Jun 16, 2010 21:46:07 GMT 1, But you could have bought THREE of these ed. 60 prints by a REAL Gagosian backed artist who had a full fledged solo show at Gagosian for the same price! store.oh-wow.com/item.html/132139
James, I like your posts and you're clearly knowledgeable, but citing artists with completely different styles (but a similar price point) as a reason to question this print's cost or value is pretty pointless.
IMO, if you're buying the odd print for <£600 because you think it's some sort of investment and not because you think it'll look good on your wall or there's something in the piece or artist that appeals to you, then you're a mug...no matter who the artist is and which gallery is backing the artist.
However, £600 ain't small change to most people, so as Ross pointed out earlier, there's some thoughts in purchasing that if you need to sell, you could get more or less what you paid for it back.
This Faile print ticks both boxes, I imagine those buying it love how it looks and could prob sell it for cost should they need to in the near(ish) future...so I think the value and the cost is pretty much spot on.
But you could have bought THREE of these ed. 60 prints by a REAL Gagosian backed artist who had a full fledged solo show at Gagosian for the same price! store.oh-wow.com/item.html/132139James, I like your posts and you're clearly knowledgeable, but citing artists with completely different styles (but a similar price point) as a reason to question this print's cost or value is pretty pointless. IMO, if you're buying the odd print for <£600 because you think it's some sort of investment and not because you think it'll look good on your wall or there's something in the piece or artist that appeals to you, then you're a mug...no matter who the artist is and which gallery is backing the artist. However, £600 ain't small change to most people, so as Ross pointed out earlier, there's some thoughts in purchasing that if you need to sell, you could get more or less what you paid for it back. This Faile print ticks both boxes, I imagine those buying it love how it looks and could prob sell it for cost should they need to in the near(ish) future...so I think the value and the cost is pretty much spot on.
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Deleted
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January 1970
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Faile Ecstasy Print - June 15th, by Deleted on Jun 17, 2010 8:54:43 GMT 1, I don't think there's many people around who buy art at any level, £600 or £60,000 that do so happy in the knowledge that it's going to drop in value as soon as they leave the gallery.
Only the small minority that do are not investors. The reason why these prints didn't sell out in a flash is that they were priced bang on market - those editions which don't aren't.
I don't think there's many people around who buy art at any level, £600 or £60,000 that do so happy in the knowledge that it's going to drop in value as soon as they leave the gallery.
Only the small minority that do are not investors. The reason why these prints didn't sell out in a flash is that they were priced bang on market - those editions which don't aren't.
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Wearology
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Staff at FatFreeArt
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Faile Ecstasy Print - June 15th, by Wearology on Jun 17, 2010 13:01:46 GMT 1, I think people are hesitant to buy the most recent Faile prints is because the Star Spangled Banner and other more recent prints release by the Patrick's are being resold for cost and or below. There is no way to protect one's investment like you can with a Banksy.
I think people are hesitant to buy the most recent Faile prints is because the Star Spangled Banner and other more recent prints release by the Patrick's are being resold for cost and or below. There is no way to protect one's investment like you can with a Banksy.
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weeble
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Faile Ecstasy Print - June 15th, by weeble on Jun 17, 2010 18:03:13 GMT 1, I really just don't understand all the talk about investment around here. I mean, honestly, where has there been any real investment form urban art, Banksy aside? Unless you call flipping an "investment". By that I mean, everyone talks up a piece, there is a rush to buy it, no-one frames it, then 6 months later like clockwork they start to appear up for sale with a lame "I'm not really a flipper" excuse with a photo of someone's portfolio. The scene, as you can tell from any single thread in this forum, is entirely fickle. Everyone wants the next piece. The turnaround is so quick I don't think there is room for any real "investment". Personally, I don't see many 'urban artists' sticking around long enough to provide any investment opportunities. Investment in the scene is for the most part short-term. If it's investment you're after, plenty more better opportunities elsewhere.
I really just don't understand all the talk about investment around here. I mean, honestly, where has there been any real investment form urban art, Banksy aside? Unless you call flipping an "investment". By that I mean, everyone talks up a piece, there is a rush to buy it, no-one frames it, then 6 months later like clockwork they start to appear up for sale with a lame "I'm not really a flipper" excuse with a photo of someone's portfolio. The scene, as you can tell from any single thread in this forum, is entirely fickle. Everyone wants the next piece. The turnaround is so quick I don't think there is room for any real "investment". Personally, I don't see many 'urban artists' sticking around long enough to provide any investment opportunities. Investment in the scene is for the most part short-term. If it's investment you're after, plenty more better opportunities elsewhere.
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bullet
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Faile Ecstasy Print - June 15th, by bullet on Jun 17, 2010 18:08:18 GMT 1, people are still stuck in 3 years ago. the old classic stuck in a rut.
people are still stuck in 3 years ago. the old classic stuck in a rut.
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Faile Ecstasy Print - June 15th, by spenie1975 on Jun 17, 2010 18:34:42 GMT 1, I really just don't understand all the talk about investment around here. I mean, honestly, where has there been any real investment form urban art, Banksy aside? Unless you call flipping an "investment". By that I mean, everyone talks up a piece, there is a rush to buy it, no-one frames it, then 6 months later like clockwork they start to appear up for sale with a lame "I'm not really a flipper" excuse with a photo of someone's portfolio. The scene, as you can tell from any single thread in this forum, is entirely fickle. Everyone wants the next piece. The turnaround is so quick I don't think there is room for any real "investment". Personally, I don't see many 'urban artists' sticking around long enough to provide any investment opportunities. Investment in the scene is for the most part short-term. If it's investment you're after, plenty more better opportunities elsewhere.
Great post Weeble. Ps anyone looking to buy the latest Handiedan print.
I really just don't understand all the talk about investment around here. I mean, honestly, where has there been any real investment form urban art, Banksy aside? Unless you call flipping an "investment". By that I mean, everyone talks up a piece, there is a rush to buy it, no-one frames it, then 6 months later like clockwork they start to appear up for sale with a lame "I'm not really a flipper" excuse with a photo of someone's portfolio. The scene, as you can tell from any single thread in this forum, is entirely fickle. Everyone wants the next piece. The turnaround is so quick I don't think there is room for any real "investment". Personally, I don't see many 'urban artists' sticking around long enough to provide any investment opportunities. Investment in the scene is for the most part short-term. If it's investment you're after, plenty more better opportunities elsewhere. Great post Weeble. Ps anyone looking to buy the latest Handiedan print.
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Deleted
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January 1970
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Faile Ecstasy Print - June 15th, by Deleted on Jun 17, 2010 21:28:20 GMT 1, people are still stuck in 3 years ago. the old classic stuck in a rut.
people are still stuck in 3 years ago. the old classic stuck in a rut.
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pezlow
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Faile Ecstasy Print - June 15th, by pezlow on Jun 18, 2010 8:41:29 GMT 1, Agree Weeble,
I can't really see that buying a print for around £500-£600 is much of an investment. Sure if you are going to buy an original for 1000's then so be it but "investing" at this end of the market is pretty foolish.
Why do people buy art. Mostly to have something nice to display in their homes. I think people do genuinely realise that most of the art they buy is immediately worth less than what they pay for it. But art is a luxury purchase. And of course it is not the only type of good that you can say that about. Cars, White Goods, Technology all of that is immediately worth less than what you pay for it. It doesn't stop people buying it because it gives them utility (unlike art) or pleasure, just like art.
This scene is in a little bubble. I think a lot of people buy art created by the artists in this scene because they are addicted to the buying process, the thrill of the chase etc. If I am honest quite a few of my purchases have been like that. They don't genuinely buy to flip but once the thrill of the chase has gone they realise they have too much art to fill their walls, or they don't like the piece as much as they thought they did, or they need to fund the next purchase. So it gets moved on, often at a loss. Again I would admit to doing this as well.
As for the artists that James identified I agree that quite a few are probably better buys "investment wise" than this faile print. Maybe. But ultimately a £600 print is never going to make you big bucks whether it is by Wegman or faile.
Agree Weeble,
I can't really see that buying a print for around £500-£600 is much of an investment. Sure if you are going to buy an original for 1000's then so be it but "investing" at this end of the market is pretty foolish.
Why do people buy art. Mostly to have something nice to display in their homes. I think people do genuinely realise that most of the art they buy is immediately worth less than what they pay for it. But art is a luxury purchase. And of course it is not the only type of good that you can say that about. Cars, White Goods, Technology all of that is immediately worth less than what you pay for it. It doesn't stop people buying it because it gives them utility (unlike art) or pleasure, just like art.
This scene is in a little bubble. I think a lot of people buy art created by the artists in this scene because they are addicted to the buying process, the thrill of the chase etc. If I am honest quite a few of my purchases have been like that. They don't genuinely buy to flip but once the thrill of the chase has gone they realise they have too much art to fill their walls, or they don't like the piece as much as they thought they did, or they need to fund the next purchase. So it gets moved on, often at a loss. Again I would admit to doing this as well.
As for the artists that James identified I agree that quite a few are probably better buys "investment wise" than this faile print. Maybe. But ultimately a £600 print is never going to make you big bucks whether it is by Wegman or faile.
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