It appears that Rose's words are now a fact. The increased demand for owning something edgy and ephemeral is now even translated in buying whole brick walls with works on them.
Just last week, the American auction house Julien's announced that they will put for sale a Banksy wall (the so called Flower Girl) at auction in December. The first Banksy wall to be sold in the United States according to the auctioneers.
The piece itself is a relatively early Banksy one and shows the stencilled silhouette of a girl, holding a basket full of flower, looking up at a security camera. A very Banksy work, raising questions on how free the members of a 'free' democratic society are when the whole nation is under heavy surveillance.
There is, unmistakably, a growing interest in the genre and in Banksy's works. The art market is visible ready to embrace such sort of a transaction where a piece of art, initially drawn or installed on a public wall swiftly changes not only its owner, but the location of the actual wall as well. Buying street art is not an illegal action after all. It is, however, debatable whether it is ethical to carve out piece of public art and install it somewhere private. Renowned artist Peter Kennard makes very valid comments on the ethics of selling street art.
Owning something ephemeral that was never meant to be owned, bought or sold, but was rather created for everyone to share and enjoy, would not increase its intrinsic nor monetary value, regardless of how high its estimate (market value) is. Buying certified works from their authors or on secondary market would.
So let's keep the art on the streets and city walls, where it all started.
18 May 2020
13 May 2020
7 May 2020
24 Apr 2020
20 Apr 2020
16 Apr 2020
1 Apr 2020
24 Mar 2020
19 Mar 2020
16 Mar 2020