What makes Banksy art so valuable?

What makes Banksy art so valuable?

Spectacle value But sociologically speaking Banksy's work is valuable for two reasons. ... Debord would say Banksy's value is achieved through the attention his work receives, and how that collective attention reflects off his art and back onto the audience as evidence that the work is inherently valuable.

How much is Banksy art worth?

Banksy's Self-Destructing Artwork Sells for a Record $25.4 Million at Sotheby's, 18 Times the Non-Shredded Price.

What is Banksy's real name?

Banky's real name is thought to be Robin Gunningham, as first reported by The Mail on Sunday in 2008. If Banksy really is Robin Gunningham, he was born on 28th July 1973 near Bristol and is now believed to be living in London. There has even been a university study to identify the illusive Banksy.

What does Banksy art stand for?

Philanthropist, anti-war and revolutionary, he takes his art as a means of communication to loudly proclaim his dissatisfaction with certain aspects of society, certain political situations or even certain decisions taken by world leaders.

Is Banksy a Millionaire?

What is Banksy's net worth? According to Celebrity Net Worth, the artist Banksy's net worth is $50million (£39.6million). 12 years after hitting the scene, in 2002, Banksy had his first gallery exhibition in Los Angeles at the 33 1/3 Gallery.

Why does no one see Banksy painting?

As with all art, provenance is key to determining if a work is by the artist or a fake. However, with artists like Banksy, the early works were often sold without receipt because most people could not fathom that his works would sell at auction and in the private market at the value which they have.

How did Banksy shred the painting?

As work heads back to auction at Sotheby's, the provenance of the street artist's Girl with Balloon is being questioned. Three years ago, almost to the week, one of Banksy's Girl with Balloon paintings was half-shredded by remote control during a live auction at Sotheby's in London.

Who owns Love is in the Bin?

artist Banksy Banksy's shredded artwork 'Love is in the Bin' sells for a record $25.4 million at auction. LONDON— A work by British street artist Banksy that sensationally self-shredded just after it sold at auction three years ago fetched 18.5 million pounds ($25.4 million) on Thursday, a record for the artist.

Why does Banksy conceal his identity?

He has argued that he needs to hide his real identity because of the illegal nature of graffiti — that he “has issues with the cops,” that authenticating a street piece could be like “a signed confession.” But as obscurity has given way to fame and his works have become coveted — and costly — collectors' pieces, ...

Where are Banksy paintings?

Austin Museum of Popular CultureAustin Banksy/Lieu d'exposition