Just got home from tonight’s Bonhams Urban Art Auction. Results can be found here.
My immediate reactions can be found on the Vandalog Twitter.
In short, most work didn’t sell or was at the low end of the estimate (Banksy’s “Happy Copper” went for just above half the low estimate). The room was packed, but packed full of non-bidders interested in just seeing the results. The atmosphere was not depressing or so, but it was certainly a buyer’s market.
Surprise of the evening was the canvas by RESO which went for over £5000 (including buyer’s premium). I’ve never heard of him. To compare, two pretty good Supine pieces went unsold for much less. Anybody know about this RESO guy?