Friday, November 29, 2013

Banksy - The Fate of His NYC Artwork*~

The month of October saw Banksy taking to the streets of New York city to continue his reign as one of the most elusive and mysterious graffiti artists in the world. His 30 pieces have been painted over and others tagged over by other graffiti artists, several are beginning to make their way into the hands of private owners, including 6 that were salvaged by the building owners with an expected value in the hundreds of thousands. Some will ultimately end up in the hands of galleries, including the broken heart balloon removed from the Red Hook building in Brooklyn expected to draw in between $700,000-$900,000.