That's because the whole thing was staged.
Going, going... gone!
- Thread starter Yadda
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Man of Honour
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Just watched a documentary/film called Saving Banksy, it was quite interesting.
Caporegime
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If you did this to the Mona Lisa, would the remnants still be priceless?
Caporegime
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That price is madness. Some Dutch masters and Van Gogh’s have gone for less than that
Associate
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Oh boy dont look up NFT's
So do we know if it was the original buyer at £860k who sold it for £16m?
Soldato
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I believe it was, it'd been loaned to a Dutch public gallery since the first auction.
Well he/he did well then. 3 years and a 1860% return on their investment (less commision)
Soldato
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Quite. Though £15mil profit sounds better than 1860% imo
. Looks like there's no CGT in the Netherlands either (from a VERY brief search).
over rated rubbishSo Banksy has been at it again.
One of his works shredded itself infront of bidders moments after being sold at Sotheby's.
Priceless!
https://www.bbc.co.uk/news/uk-england-bristol-45770028
It's funny that you think it's over rated in the original link.
If you read the later posts you'll realise that somebody spotted just how under rated it was originally and made a hefty profit on it.
Soldato
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Someone missed the bump.
its rubbish.
I think you've already shown here that your ability to determine the value of art is somewhat lacking.