thwaites
New Member
Posts • 618
Likes • 0
October 2006
|
£9800 for barcode!, by thwaites on May 8, 2007 22:23:06 GMT 1, ooh i really like dumb angel
id also love to see the "all major credit cards accepted" original micallef that was at the ghetto as a print.
pic anyone?
ooh i really like dumb angel
id also love to see the "all major credit cards accepted" original micallef that was at the ghetto as a print.
pic anyone?
|
|
CR
Artist
New Member
Posts • 918
Likes • 0
October 2006
|
£9800 for barcode!, by CR on May 8, 2007 22:29:50 GMT 1, this is a similar one www.antonymicallef.com/65a.htm
|
|
ABC
Artist
Junior Member
Posts • 5,533
Likes • 1,923
August 2006
|
£9800 for barcode!, by ABC on May 8, 2007 22:41:50 GMT 1, Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know? April 10 2007 New York - Andy Warhol's dramatic 1963 silkscreen print 'Green Car Crash (Green Burning Car I)' is expected to fetch a new record price for the artist of 25 to 35 million dollars, Christie's auction house said Monday.
That just shows that Banksy is small fry in the world of contemporary art, but he sure is growing fast. As for hirst they vary between 8.5k upwards for new stuff. www.othercriteria.com/index2.php
Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know? April 10 2007 New York - Andy Warhol's dramatic 1963 silkscreen print 'Green Car Crash (Green Burning Car I)' is expected to fetch a new record price for the artist of 25 to 35 million dollars, Christie's auction house said Monday. That just shows that Banksy is small fry in the world of contemporary art, but he sure is growing fast. As for hirst they vary between 8.5k upwards for new stuff. www.othercriteria.com/index2.php
|
|
|
£9800 for barcode!, by bobbymeachamjr on May 8, 2007 22:43:37 GMT 1, We used to say that the internet boom was different and that if you dont jump in you'll be left behind while everybody got rich. We used to say that housing always goes up and we can take out ridiculous loans to buy a home we cant afford. Why? because available land is decreasing and people always need a place to live. We are now readily paying $10000 for a friggn' print of an edition of a few hundred. Why? because banksy has no precedent.
Underlying theme? Sometimes its best to sit back and just simply be rational about things. Forget what the "going rate" is and the urge for easy money. Like all other frenzies the big boys are the ones making the money. The little guys always take the pain. When they feel its right they'll move on to the next fad. Don't be a bagholder in the end - it really really sucks.
We used to say that the internet boom was different and that if you dont jump in you'll be left behind while everybody got rich. We used to say that housing always goes up and we can take out ridiculous loans to buy a home we cant afford. Why? because available land is decreasing and people always need a place to live. We are now readily paying $10000 for a friggn' print of an edition of a few hundred. Why? because banksy has no precedent.
Underlying theme? Sometimes its best to sit back and just simply be rational about things. Forget what the "going rate" is and the urge for easy money. Like all other frenzies the big boys are the ones making the money. The little guys always take the pain. When they feel its right they'll move on to the next fad. Don't be a bagholder in the end - it really really sucks.
|
|
pw
New Member
Posts • 308
Likes • 1
October 2006
|
£9800 for barcode!, by pw on May 8, 2007 23:53:06 GMT 1, great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off.
why do poeple think this is? maybe the owners are hoping that prices will pick up again??
great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off.
why do poeple think this is? maybe the owners are hoping that prices will pick up again??
|
|
|
£9800 for barcode!, by adrscib on May 8, 2007 23:56:43 GMT 1, so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately....
now we soon have anotehr auction and anther frenzy follows on the bay,
then in summer we have the warhol exhibitions and another frenzy follows...
and so on and so on....
many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good..
ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too!
i think that in a few moths time this print will go double at least... and all other signed pritns follow suit...
there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically...
so my idea is that banksy keeps living, still prints, depsite rising are not yet expenisve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever.
I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there...
in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all!
i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose...
artists have their up and down moments but in the long run the trend remains...
finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site.
good luck banksy holders :-)
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet expenisve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-)
|
|
|
|
£9800 for barcode!, by bobbymeachamjr on May 9, 2007 0:07:15 GMT 1, so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-)
lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble?
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble?
|
|
|
£9800 for barcode!, by adrscib on May 9, 2007 0:13:59 GMT 1, no i m not a broker but i like to follow the markets...
yes it is a bubble... every market is a bubble... the only thing that drives prices of banksy up is the law of supply and demand and right now demand outstrips supply but as prices go up demand goes down until we find the equilibrium.. anyway i dont want to bug you with that! :-)
in my opinion we are in a bubble which until now is sustainable, and i think it can be sustianed in the coming months ... because i follow the art market and it has been rising for the past 3-4 years and going to pre 1990 levels... and the demand for contempory art is greater than ever.
in my opinion banksy will only start falling in price when his canvases dont beat the expectations.... whihc i dont think is gonna happen just as yet...
anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own.
cheers
no i m not a broker but i like to follow the markets...
yes it is a bubble... every market is a bubble... the only thing that drives prices of banksy up is the law of supply and demand and right now demand outstrips supply but as prices go up demand goes down until we find the equilibrium.. anyway i dont want to bug you with that! :-)
in my opinion we are in a bubble which until now is sustainable, and i think it can be sustianed in the coming months ... because i follow the art market and it has been rising for the past 3-4 years and going to pre 1990 levels... and the demand for contempory art is greater than ever.
in my opinion banksy will only start falling in price when his canvases dont beat the expectations.... whihc i dont think is gonna happen just as yet...
anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own.
cheers
|
|
pw
New Member
Posts • 308
Likes • 1
October 2006
|
£9800 for barcode!, by pw on May 9, 2007 0:14:32 GMT 1, LOL. gotta agree with you there bobbymeachamjr. adrscib, you seem to be one of the few people who still think the US economy has no problems...
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble?
LOL. gotta agree with you there bobbymeachamjr. adrscib, you seem to be one of the few people who still think the US economy has no problems... so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble?
|
|
johnerotten
New Member
Posts • 190
Likes • 5
March 2007
|
£9800 for barcode!, by johnerotten on May 9, 2007 0:34:37 GMT 1, i agree with everything you said except the comment on US realestate. The banks are merely holding off the ineventual bubble burst due to sub prime mortgages and subsequent defaults on loans.
you ain't seen nothing yet. i predict the US realestate market drops 20-50%. i dunno what that will mean for the rest of the world, but anyone who is watching things can see how crazy it is.
US dollar at all time lows against the Euro. low interest rates and sub prime lending US stock market at all time highs, Fuel at all time highs Realeastate at all time highs
the shit is about to hit the fan. this year will be pivotal.
of course i'm just armchair quarterbacking the whole thing until i can get .50 cents on the dollar, then i'm buying in.s**t even .70 on the dollar would be SWEET ;D
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-)
i agree with everything you said except the comment on US realestate. The banks are merely holding off the ineventual bubble burst due to sub prime mortgages and subsequent defaults on loans. you ain't seen nothing yet. i predict the US realestate market drops 20-50%. i dunno what that will mean for the rest of the world, but anyone who is watching things can see how crazy it is. US dollar at all time lows against the Euro. low interest rates and sub prime lending US stock market at all time highs, Fuel at all time highs Realeastate at all time highs the shit is about to hit the fan. this year will be pivotal. of course i'm just armchair quarterbacking the whole thing until i can get .50 cents on the dollar, then i'm buying in.s**t even .70 on the dollar would be SWEET ;D so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-)
|
|
johnerotten
New Member
Posts • 190
Likes • 5
March 2007
|
£9800 for barcode!, by johnerotten on May 9, 2007 0:37:28 GMT 1, huge sell off? how many reapers are there?
how many signed rats?
there is great discrepancy in price today and two months ago too.
hmmmmnnnn. not too many signed to go around.
i think the banksy vs. warhol exhibition will stir things up a bit considering Warhol surpassed Picasso in sales last week. anyone read that article? i saved it.
great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again??
huge sell off? how many reapers are there? how many signed rats? there is great discrepancy in price today and two months ago too. hmmmmnnnn. not too many signed to go around. i think the banksy vs. warhol exhibition will stir things up a bit considering Warhol surpassed Picasso in sales last week. anyone read that article? i saved it. great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again??
|
|
pw
New Member
Posts • 308
Likes • 1
October 2006
|
£9800 for barcode!, by pw on May 9, 2007 0:51:10 GMT 1, johnerotten , I think you've read my post wrong. I wasn't trying to say that theres a sell-off happening at the moment. someone mentioned that it may happen if the price of signed prints stabilised. I was merely wondering why there was no sell-off of unsigned prints when their prices stabilised. my guess is that people assume that theres still some growth in that market.
huge sell off? how many reapers are there? how many signed rats? there is great discrepancy in price today and two months ago too. hmmmmnnnn. not too many signed to go around. i think the banksy vs. warhol exhibition will stir things up a bit considering Warhol surpassed Picasso in sales last week. anyone read that article? i saved it. great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again??
johnerotten , I think you've read my post wrong. I wasn't trying to say that theres a sell-off happening at the moment. someone mentioned that it may happen if the price of signed prints stabilised. I was merely wondering why there was no sell-off of unsigned prints when their prices stabilised. my guess is that people assume that theres still some growth in that market. huge sell off? how many reapers are there? how many signed rats? there is great discrepancy in price today and two months ago too. hmmmmnnnn. not too many signed to go around. i think the banksy vs. warhol exhibition will stir things up a bit considering Warhol surpassed Picasso in sales last week. anyone read that article? i saved it. great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again??
|
|
johnerotten
New Member
Posts • 190
Likes • 5
March 2007
|
£9800 for barcode!, by johnerotten on May 9, 2007 0:55:09 GMT 1, yeah i don't think anyone really knows anything. its all speculation.
yeah i don't think anyone really knows anything. its all speculation.
|
|
RBK
Junior Member
Posts • 2,924
Likes • 104
September 2006
|
£9800 for barcode!, by RBK on May 9, 2007 4:06:09 GMT 1, great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again??
Or maybe they are just happy with having a great image on their walls!!!
great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again?? Or maybe they are just happy with having a great image on their walls!!!
|
|
|
|
£9800 for barcode!, by bobbymeachamjr on May 9, 2007 5:10:01 GMT 1, yeah i don't think anyone really knows anything. its all speculation.
you nailed it - SPECULATION - anytime theres a buying frenzy based on speculation (whether its tech stocks or real esate etc etc) it always ends bad...
yeah i don't think anyone really knows anything. its all speculation. you nailed it - SPECULATION - anytime theres a buying frenzy based on speculation (whether its tech stocks or real esate etc etc) it always ends bad...
|
|
|
£9800 for barcode!, by finsburyparkranger on May 9, 2007 8:20:44 GMT 1, When speculators corrupt a market they usually consume a vast percantage of stock. Even the big boys seem to only be holding a handful of Banksy's each. I think the ownership of the Banksy Market is unusually democratic. Something to consider.
When speculators corrupt a market they usually consume a vast percantage of stock. Even the big boys seem to only be holding a handful of Banksy's each. I think the ownership of the Banksy Market is unusually democratic. Something to consider.
|
|
Strange Al
Junior Member
Posts • 1,289
Likes • 59
October 2006
|
£9800 for barcode!, by Strange Al on May 9, 2007 9:16:06 GMT 1, When speculators corrupt a market they usually consume a vast percantage of stock. Even the big boys seem to only be holding a handful of Banksy's each. I think the ownership of the Banksy Market is unusually democratic. Something to consider.
Maybe I'm being a pessimist, but I'm not so sure of this Fin. While there are a fair few people that own Banksy prints, I do think there are a small number of individuals sitting on large numbers of multiple copies. Certain people have been stockpiling since long before the current boom.
When speculators corrupt a market they usually consume a vast percantage of stock. Even the big boys seem to only be holding a handful of Banksy's each. I think the ownership of the Banksy Market is unusually democratic. Something to consider. Maybe I'm being a pessimist, but I'm not so sure of this Fin. While there are a fair few people that own Banksy prints, I do think there are a small number of individuals sitting on large numbers of multiple copies. Certain people have been stockpiling since long before the current boom.
|
|
|
£9800 for barcode!, by slowmo on May 9, 2007 10:50:39 GMT 1, Something that I am surprised no one has given any thought to as yet on discussing the longevity of Banksy as an artist is that no one knows who he is (ok people do, but not general public)! Effectively every release could be his last. Dead artist walking if you like.
The good piece in the New Yorker shows a person at odds with what they have become, he can't spray a wall without someone seeing asking are you Banksy. He no longer feels the need to undermine or change the world. Solution, kill Banksy, take a new tag and get back to doing what you loved in the first place, street art.
End result, £9800 looks like a tidy sum for a very famous 'dead' artists print limited to 150 in the world.
Something that I am surprised no one has given any thought to as yet on discussing the longevity of Banksy as an artist is that no one knows who he is (ok people do, but not general public)! Effectively every release could be his last. Dead artist walking if you like.
The good piece in the New Yorker shows a person at odds with what they have become, he can't spray a wall without someone seeing asking are you Banksy. He no longer feels the need to undermine or change the world. Solution, kill Banksy, take a new tag and get back to doing what you loved in the first place, street art.
End result, £9800 looks like a tidy sum for a very famous 'dead' artists print limited to 150 in the world.
|
|
|
£9800 for barcode!, by bobbymeachamjr on May 9, 2007 15:01:33 GMT 1, Lets not be naive and think that theres no market manipulators with this whole craze. People in the higher ups and galleries loaded up on the cheap before they (yes they) unleash the PR > ie Sothebys front cover > Boom massive profits. While some of us might benefit on an individual level its the rich getting richer...
Lets not be naive and think that theres no market manipulators with this whole craze. People in the higher ups and galleries loaded up on the cheap before they (yes they) unleash the PR > ie Sothebys front cover > Boom massive profits. While some of us might benefit on an individual level its the rich getting richer...
|
|
|
£9800 for barcode!, by tomhills1 on May 9, 2007 17:12:18 GMT 1, great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again??
i think it was me who brought this up; the reason a widespread sell-off could occur is the simple fact of their value. if a recession came tomorrow and there were people needing to sell some assets to keep a roof over their head then a signed print is an obvious solution. if there was a recession going on the number of potential buyers and the amounts they could afford to spend would be fewer. this would almost certainly lead to at least a levellingoff of prices and if there were a number of people in financial difficulties then the potential of a market crash would be considerable.
in the uk, the average level of personal un-secured debt is astounding. so many people have debts and if the tide turns they're gonna get cut-off. it could only take a small economic change, or even a change in government, to trigger such events.
i'm not being a pessamist, though this is a worse case scenario i'm suggesting, it is just worth bearing in mind that such high-level short-term growths are historically unsustainable. and i'll bet this one is too.
great thread here. some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash. however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off. why do poeple think this is? maybe the owners are hoping that prices will pick up again?? i think it was me who brought this up; the reason a widespread sell-off could occur is the simple fact of their value. if a recession came tomorrow and there were people needing to sell some assets to keep a roof over their head then a signed print is an obvious solution. if there was a recession going on the number of potential buyers and the amounts they could afford to spend would be fewer. this would almost certainly lead to at least a levellingoff of prices and if there were a number of people in financial difficulties then the potential of a market crash would be considerable. in the uk, the average level of personal un-secured debt is astounding. so many people have debts and if the tide turns they're gonna get cut-off. it could only take a small economic change, or even a change in government, to trigger such events. i'm not being a pessamist, though this is a worse case scenario i'm suggesting, it is just worth bearing in mind that such high-level short-term growths are historically unsustainable. and i'll bet this one is too.
|
|
|
£9800 for barcode!, by tomhills1 on May 9, 2007 17:17:30 GMT 1, Something that I am surprised no one has given any thought to as yet on discussing the longevity of Banksy as an artist is that no one knows who he is (ok people do, but not general public)! Effectively every release could be his last. Dead artist walking if you like. The good piece in the New Yorker shows a person at odds with what they have become, he can't spray a wall without someone seeing asking are you Banksy. He no longer feels the need to undermine or change the world. Solution, kill Banksy, take a new tag and get back to doing what you loved in the first place, street art. End result, £9800 looks like a tidy sum for a very famous 'dead' artists print limited to 150 in the world.
very, very interesting point. obviously warhol is dead, picasso too, so there values are going to increase all the time they remain popular. if banksy were to come out as 'robert banks - the artist' and draw a line under his career so far, who knows what will happen? in the future it may be referred to as robert banks' "street period", or "banksy period" then things will go f*cking mental.
either way, live by this: buy what you like and enjoy looking at it all your life, then let your kids sell them off when you've gone and squander your fortuneany way they see fit. everyone's a winner then
Something that I am surprised no one has given any thought to as yet on discussing the longevity of Banksy as an artist is that no one knows who he is (ok people do, but not general public)! Effectively every release could be his last. Dead artist walking if you like. The good piece in the New Yorker shows a person at odds with what they have become, he can't spray a wall without someone seeing asking are you Banksy. He no longer feels the need to undermine or change the world. Solution, kill Banksy, take a new tag and get back to doing what you loved in the first place, street art. End result, £9800 looks like a tidy sum for a very famous 'dead' artists print limited to 150 in the world. very, very interesting point. obviously warhol is dead, picasso too, so there values are going to increase all the time they remain popular. if banksy were to come out as 'robert banks - the artist' and draw a line under his career so far, who knows what will happen? in the future it may be referred to as robert banks' "street period", or "banksy period" then things will go f*cking mental. either way, live by this: buy what you like and enjoy looking at it all your life, then let your kids sell them off when you've gone and squander your fortuneany way they see fit. everyone's a winner then
|
|
johnerotten
New Member
Posts • 190
Likes • 5
March 2007
|
£9800 for barcode!, by johnerotten on May 9, 2007 17:22:11 GMT 1, banksy could be a collective of artists for all we know. or more than one.
who knows? thats why you should like what you are buying or start biting your nails.
Something that I am surprised no one has given any thought to as yet on discussing the longevity of Banksy as an artist is that no one knows who he is (ok people do, but not general public)! Effectively every release could be his last. Dead artist walking if you like. The good piece in the New Yorker shows a person at odds with what they have become, he can't spray a wall without someone seeing asking are you Banksy. He no longer feels the need to undermine or change the world. Solution, kill Banksy, take a new tag and get back to doing what you loved in the first place, street art. End result, £9800 looks like a tidy sum for a very famous 'dead' artists print limited to 150 in the world. very, very interesting point. obviously warhol is dead, picasso too, so there values are going to increase all the time they remain popular. if banksy were to come out as 'robert banks - the artist' and draw a line under his career so far, who knows what will happen? in the future it may be referred to as robert banks' "street period", or "banksy period" then things will go f*cking mental. either way, live by this: buy what you like and enjoy looking at it all your life, then let your kids sell them off when you've gone and squander your fortuneany way they see fit. everyone's a winner then
banksy could be a collective of artists for all we know. or more than one. who knows? thats why you should like what you are buying or start biting your nails. Something that I am surprised no one has given any thought to as yet on discussing the longevity of Banksy as an artist is that no one knows who he is (ok people do, but not general public)! Effectively every release could be his last. Dead artist walking if you like. The good piece in the New Yorker shows a person at odds with what they have become, he can't spray a wall without someone seeing asking are you Banksy. He no longer feels the need to undermine or change the world. Solution, kill Banksy, take a new tag and get back to doing what you loved in the first place, street art. End result, £9800 looks like a tidy sum for a very famous 'dead' artists print limited to 150 in the world. very, very interesting point. obviously warhol is dead, picasso too, so there values are going to increase all the time they remain popular. if banksy were to come out as 'robert banks - the artist' and draw a line under his career so far, who knows what will happen? in the future it may be referred to as robert banks' "street period", or "banksy period" then things will go f*cking mental. either way, live by this: buy what you like and enjoy looking at it all your life, then let your kids sell them off when you've gone and squander your fortuneany way they see fit. everyone's a winner then
|
|
|
dkla
New Member
Posts • 673
Likes • 74
February 2007
|
£9800 for barcode!, by dkla on May 9, 2007 18:17:00 GMT 1, Yes, awesome thread!
Hey johnerotten - can I get a copy of that article on Warhol sales you mentioned, please?
johnerotten , I think you've read my post wrong. I wasn't trying to say that theres a sell-off happening at the moment. someone mentioned that it may happen if the price of signed prints stabilised. I was merely wondering why there was no sell-off of unsigned prints when their prices stabilised. my guess is that people assume that theres still some growth in that market. huge sell off? how many reapers are there? how many signed rats? there is great discrepancy in price today and two months ago too. hmmmmnnnn. not too many signed to go around. i think the banksy vs. warhol exhibition will stir things up a bit considering Warhol surpassed Picasso in sales last week. anyone read that article? i saved it.
Yes, awesome thread! Hey johnerotten - can I get a copy of that article on Warhol sales you mentioned, please? johnerotten , I think you've read my post wrong. I wasn't trying to say that theres a sell-off happening at the moment. someone mentioned that it may happen if the price of signed prints stabilised. I was merely wondering why there was no sell-off of unsigned prints when their prices stabilised. my guess is that people assume that theres still some growth in that market. huge sell off? how many reapers are there? how many signed rats? there is great discrepancy in price today and two months ago too. hmmmmnnnn. not too many signed to go around. i think the banksy vs. warhol exhibition will stir things up a bit considering Warhol surpassed Picasso in sales last week. anyone read that article? i saved it.
|
|
|
£9800 for barcode!, by verbalkint on May 9, 2007 19:07:42 GMT 1, wow, i cannot believe that a thread that i started has ended up so meaningful!
As for Banksy dissapearing, the man is not a retard with a spray can, he is a very shrewd, intelligent businessman and he has alot of fingers in alot of pies. His anonimity works entirely in his favour as the enigma only adds to the appeal. He is the new Damien Hirst, he doesnt play the game and by all accounts, from speaking to people well within the inner circle of the art world, he is well in control of his own empire (and it is growing into an empire). Right now Banksy does not need an agent, or a manager. He does not need galleries to sell his work or people to organise things for him. With most artists, the gallery that represents them is well in control, with banksy, i would be amazed if that was the case.
No, i think that banksy will be around for many many years, and i have no doubt that he will manage to retain his freshness and credibility despite the mass media intrest in him.
wow, i cannot believe that a thread that i started has ended up so meaningful!
As for Banksy dissapearing, the man is not a retard with a spray can, he is a very shrewd, intelligent businessman and he has alot of fingers in alot of pies. His anonimity works entirely in his favour as the enigma only adds to the appeal. He is the new Damien Hirst, he doesnt play the game and by all accounts, from speaking to people well within the inner circle of the art world, he is well in control of his own empire (and it is growing into an empire). Right now Banksy does not need an agent, or a manager. He does not need galleries to sell his work or people to organise things for him. With most artists, the gallery that represents them is well in control, with banksy, i would be amazed if that was the case.
No, i think that banksy will be around for many many years, and i have no doubt that he will manage to retain his freshness and credibility despite the mass media intrest in him.
|
|
|
£9800 for barcode!, by tomhills1 on May 9, 2007 19:37:38 GMT 1, anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own.
said print is now for sale on ebay. starting bid £6.5k
anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own. said print is now for sale on ebay. starting bid £6.5k
|
|
|
£9800 for barcode!, by manchestermike on May 9, 2007 19:45:34 GMT 1, anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own. said print is now for sale on ebay. starting bid £6.5k
Again
anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own. said print is now for sale on ebay. starting bid £6.5k Again
|
|
|
£9800 for barcode!, by adrscib on May 9, 2007 19:46:29 GMT 1, true, you can negative point me, but personal circumstances beyond control happened which are forcing me to sell it. if i manage to sort them out i might cancel the sale. and even if i m trying to sell i dont mean i will actually sell it.
You are quite right and I am sorry for letting you and some other ppl down. I cannot try to argument with you as I will lose all credibility. Having said that I still remain a banksy fan (even if i sell the print) and i thank you all on the board who has helped me in framing ideas etc of my other prints.
true, you can negative point me, but personal circumstances beyond control happened which are forcing me to sell it. if i manage to sort them out i might cancel the sale. and even if i m trying to sell i dont mean i will actually sell it.
You are quite right and I am sorry for letting you and some other ppl down. I cannot try to argument with you as I will lose all credibility. Having said that I still remain a banksy fan (even if i sell the print) and i thank you all on the board who has helped me in framing ideas etc of my other prints.
|
|
|
|
£9800 for barcode!, by verbalkint on May 9, 2007 20:06:44 GMT 1, when will people realise that you cannot put 'i reserve the right to end the auction early as i am advertising this for sale elsewhere' on ebay listings. If you get reported, your auction will be pulled. You may as well put 'i am open to offers to end the auction early and do the sale outside of ebay to avoid the £200 final value fees and the £200 paypal fees, i am just using ebay for exposure'!!!
I mean seriously, why write anything, even if you are planning to pull the listing? Do you think that if you dont write something that you are not legally allowed to pull the listing? dont be stupid. Do you think it gives you credibility, makes you sound like a sales force to be reckoned with? ITS AGAINSED EBAYS RULES AND IF SOMEONE IS PETTY ENOUGH TO GRASS YOU UP, YOUR LISTING WILL BE PULLED.
Sorry for the rant, but some peoples stupidity really pisses me off, if you are going to sell on ebay, and sell items worth £££££ then at least read the chuffing rules first
when will people realise that you cannot put 'i reserve the right to end the auction early as i am advertising this for sale elsewhere' on ebay listings. If you get reported, your auction will be pulled. You may as well put 'i am open to offers to end the auction early and do the sale outside of ebay to avoid the £200 final value fees and the £200 paypal fees, i am just using ebay for exposure'!!!
I mean seriously, why write anything, even if you are planning to pull the listing? Do you think that if you dont write something that you are not legally allowed to pull the listing? dont be stupid. Do you think it gives you credibility, makes you sound like a sales force to be reckoned with? ITS AGAINSED EBAYS RULES AND IF SOMEONE IS PETTY ENOUGH TO GRASS YOU UP, YOUR LISTING WILL BE PULLED.
Sorry for the rant, but some peoples stupidity really pisses me off, if you are going to sell on ebay, and sell items worth £££££ then at least read the chuffing rules first
|
|
Montubu7
Junior Member
Posts • 2,196
Likes • 5
November 2006
|
£9800 for barcode!, by Montubu7 on May 9, 2007 20:06:58 GMT 1, No offence but
1 FEEDBACK
NO PAYPAL buyer protection !!!!
No offence but
1 FEEDBACK
NO PAYPAL buyer protection !!!!
|
|