With the recession, we’ve seen an end to those “Urban Art Auctions” at Bonhams and Dreweatts which seemed cool but a bit let they were secluding Urban Art away from the the rest of the art world. Now, urban/street art is appearing more in Contemporary Art auctions, which, I think, is a good sign for the future of the genre.
That’s why I was excited to see this iconic Banksy canvas in Sotheby’s Contemporary Day Auction on the 26th of June in London.
Of course, a lot of Banksy work has gone unsold in auctions lately. Hopefully Banksy’s Bristol show will pique interest in this piece. I’d love to see some more street art get strong prices at a contemporary auction, and this could be Banksy’s chance.