Art (and an identity) at auction

Banksy's "Portrait of an Artist" sold for £60,000 at Bonhams

There were two auctions of note this week.

First, Bonhams has their latest urban art auction on Tuesday evening. Most of the notable sales in that auction can be found on Arrested Motion. Additionally, an Eine went for double the high estimate and a Luc Price did very well.

But of course, it’s worth noting that there’s an element of madness with auctions. Perhaps this is best exemplified by an eBay listing where the item for sale was Banksy’s identity (listed for a Buy It Now price of $25,000). The seller claimed to have matched a person’s tax records with Banksy’s sale records. Sounds like complete BS to me. The listing was taken offline last night for unknown reasons. IFC has more info.

UPDATE: The eBay listing is back online, this time selling a piece of paper with Banksy’s name on it, which should fit within eBay’s auction rules.

Photo courtesy of Bonhams