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Sold surreptitiously, these black-market works would command far less than their price on the open market. Cotton estimates an uncertified Banksy would sell for 40% less than an authenticated work.
Immediately after the sale, technicians from Banksy's representatives, Pest Control, deactivated the shredder, but the mechanics remained in the frame. [10] After the shredding, there was a negotiation with the buyer to confirm the sale, and on 11 October it was agreed that the sale would go through at the full original price.
Banksy chronicled the surprise sale in a video posted to his website noting, "Yesterday I set up a stall in the park selling 100% authentic original signed Banksy canvases. For $60 each." [ 129 ] [ 130 ] [ 131 ] Two of the canvasses sold at a July 2014 auction for $214,000.
Show Me the Monet is a part of the series and exhibition Crude Oils, a rare segment of Banksy's body of work, as the canvas is entirely hand painted by him. The work was created during a period when Banksy had to remain indoors, in which he began oil painting, then adding his traditional environmental disruption learnt through his pre-existing practice of graffiti. [3]
LONDON (AP) — Banksy’s playful take on a famous Impressionist painting has sold at auction for 7.6 million pounds ($9.8 million), the second-highest price ever paid for a work by the British ...
For sale: A seven-story historic building in the heart of the Los Angeles Fashion District with one special feature — a Banksy mural on the side of the building. The 108-year-old structure ...
The following is a list of works by Banksy. Banksy , active since the 1990s, is an England-based graffiti artist , political activist and film director whose real identity is unknown. His satirical street art and subversive epigrams combine dark humour with graffiti executed in a distinctive stenciling technique.
Art prankster Banksy has struck again. A work by the elusive street artist apparently self-destructed in front of startled auction-goers on Friday, moments after being sold for $1.4 million.