This market is a duel between two works by two legendary artists from different centuries.
BANKSY - People Who Enjoy Waving Flags Don't Deserve To Have One
Lot 32 at the "Post-War & Contemporary Art" auction on March 21st.
Lot 68 at the "19th Century and British Impressionist Art" auction on March 20th.
Both were given the same initial estimates by Bonham: £200,000 - £300,000. This market resolves to the artwork which the Bonhams website lists with a higher sale value at the auction.
Resolution details:
Here is an example from a past auction. This painting by Claude Monet "Sold for US$6,352,500 inc. premium" (this is the number I will use).
Edge cases:
If either painting is withdrawn before the auction, or I am unable to determine the sale price, it resolves N/A.
If one fails to sell at the auction, it resolves to the other.
If there's a tie (or they both fail to sell at the auction), both resolve at 50%. .
If any scenarios for resolution are unclear, please ask.
BANKSY - People Who Enjoy Waving Flags Don't Deserve To Have One
Banksy is a legendary street artist & provocateur whose identity remains unknown.
People Who Enjoy Waving Flags Don't Deserve to Have One from 2003 is an exceptional example of Banksy's characteristically provocative and humorous oeuvre, which stirs discourse within a broader socio-political context.
JAMES TISSOT - Un déjeuner
James Tissot is a 19th century French painter best known for his depictions of late Victorian high society in Paris & London (and a personal favorite of mine).
Exhibition reviewers in 1868 said the flirtation in Tissot's painting was timeless.
For more art auctions, check out the dashboard.
1,000🏅 Top traders
| # | Trader | Total profit |
|---|---|---|
| 1 | Ṁ253 | |
| 2 | Ṁ44 | |
| 3 | Ṁ23 | |
| 4 | Ṁ20 | |
| 5 | Ṁ16 |
@traders Resolves in favor of TISSOT. Last chance to get some bets in for HOKUSAI vs ANDY WARHOL (looks like Hokusai has a big lead)
@traders The auctions ran this week. The Tissot did ok—it sold for £229,000 inc. premium, on the low end of its estimates. However, the next day, the Banksy totally struck out. I saw it only receive a few bids, and then it looks like it was pulled for not reaching the reserve (you can hit print results here to see the lots that sold—Banksy was Lot 32, which doesn't show up). RIP for Banksy, I'm sure he'll recover.
Thus, I plan to resolve this in favor of TISSOT. I'll wait a day or so to make sure there are no concerns.
Luckily, there are many more auction markets available! Check out the dashboard, or this spicy Kuo-Sung vs Renoir one I just posted from Hong Kong: