[biglee1]

hi all have a couple of pieces that i need a valuation on tried laz inc but no reply as yet,would anyone recommend any one else?

thanks in advance

[BME]

I'd start by posting the details here- people are generally pretty good. If the forum can't help then at least someone will be able to point you in the right direction.

[craigf]

and pls don't make us jealous with a long list of early signed prints and originals

[biglee1]

ok sorry in advance but...

original girl with balloon on two canvas edition of 25
girl with balloon signed print
love rat signed print

the valuations i need are for insurance so any help would be appreciated

[dealersam]

if it were me i'd insure the canvas for 100,000
gwb for 30,000
love rat for 15000

i'm not saying that these are worth that amount but you've got to allow for price fluctuation over time otherwise you'll be constantly rectifying your policy to keep up!

hope that helps

[Joe J]

Welcome Biglee1, could you please post some pictures of this amazing collection. Thanks.

[dave313perry]

not sure a welcomes needed - jun 2006!

sure you've been lurking around, cumon get stuck in!

[BME]

Apr 5, 2008 12:50:24 GMT 1 dealersam said:

if it were me i'd insure the canvas for 100,000
gwb for 30,000
love rat for 15000

i'm not saying that these are worth that amount but you've got to allow for price fluctuation over time otherwise you'll be constantly rectifying your policy to keep up!

hope that helps

For insurance purposes I think that's about right. Although, as you say, the actual value of the pieces is currently a fair bit lower.

[pramface]

those valuations would cost a shitload in premiums

actual market for these would be: cavases 35-45k (maybe a little more in auction), GWB 16k +, LR 5-6k.
so probably insure canvases maybe 65-70k, GWB 22k and LR 10k - ish.

[biglee1]

thankyou all for your feedback would love to post pictures but am working in morocco at the moment when i get back ill try

thanks again

lee

[scavos]

What's your home address and how long are you away for? ;D

[carl]

Apr 5, 2008 14:53:12 GMT 1 pramface said:

those valuations would cost a s**tload in premiums

actual market for these would be: cavases 35-45k (maybe a little more in auction), GWB 16k +, LR 5-6k.
so probably insure canvases maybe 65-70k, GWB 22k and LR 10k - ish.

Although you may have them already insured, you should get a quote from
www.taoi.co.uk/

Someone on the forum has just started this business, Im sure they will be pretty keen on price, well woth a try. With the money you wil be paying even 5% saving could add up to a few bob.

[lee3]

>>>actual market for these would be: cavases 35-45k <<<

sorry, i'm new here but are you sure about that? I lost out on a single GWB at auction this week by 10k which sold for $100k. The original poster said he has the diptych GWB which is going to trade at least at $160 and I know of a dealer that has it for $200k. I'd insure at a premium to both but that's just me.

>>>those valuations would cost a s**tload in premiums<<<

Art is pretty inexpensive to insure. I've got a lot of scheduled art on my Chubb policy and it is basically $300 per year per $100k over value. That's nothing from my standpoint compared with what people pay in insurance and upkeep on their home. I've always considered scheduled art a nice little bargain and have always pushed to have as high of appraisal value as possible just in case. And Chubb will still pay up to 150% of the appraised value if it has risen since you last updated.

[carl]

Apr 5, 2008 17:46:45 GMT 1 lee3 said:

>>>actual market for these would be: cavases 35-45k <<<

sorry, i'm new here but are you sure about that? I lost out on a single GWB at auction this week by 10k which sold for $100k. The original poster said he has the diptych GWB which is going to trade at least at $160 and I know of a dealer that has it for $200k. I'd insure at a premium to both but that's just me.

>>>those valuations would cost a s**tload in premiums<<<

Art is pretty inexpensive to insure. I've got a lot of scheduled art on my Chubb policy and it is basically $300 per year per $100k over value. That's nothing from my standpoint compared with what people pay in insurance and upkeep on their home. I've always considered scheduled art a nice little bargain and have always pushed to have as high of appraisal value as possible just in case. And Chubb will still pay up to 150% of the appraised value if it has risen since you last updated.

That sounds a bit to much imo, but then I thought the kate colourways were to much at £2000

[lee3]

FWIW....


This is the single canvas from this week:

Banksy
Title Balloon girl
Medium spray paint stencil on canvas
Size 16 x 16 in. / 40.6 x 40.6 cm.
Year 2003 -
Edition 11/25
Sale Of Christie's South Kensington: Wednesday, April 2, 2008 [Lot 723]
Post-War & Contemporary Art
Estimate 20,000 - 30,000 BP (US$ 39,682 - 59,523)
Sold For 48,500 BP (97,448 US$) PREMIUM Currency Converter

Here is the canvas the original poster owns auctioned last year:

Banksy
Title Balloon girl (diptych)
Medium acrylic and spraypaint stencil on canvas
Size 12 x 12 in. / 30.5 x 30.5 cm.
Year 2005 -
Misc. Signed
Sale Of Sotheby's London: Monday, October 15, 2007 [Lot 128]
Contemporary Art
Estimate 25,000 - 30,000 BP (US$ 50,403 - 60,483)
Sold For 66,500 BP (135,465 US$) PREMIUM Currency Converter

[Heavyconsumer]

Scavos, at least you could wait until his insurance is sorted!!!

[dave313perry]

Apr 5, 2008 17:33:48 GMT 1 scavos said:

What's your home address and how long are you away for? ;D

pick me up on the way, i could do with a new plasma as well while were at it