Monday, January 10, 2011

BANKSY AT URBAN ART AUCTION





Bonham's Urban Art auction kicks off tomorrow Jan 11th. Some interesting though not great Banksy originals listed alongside a host of the usual suspects. Not a great deal on offer and would have preferred to see these works in decent contemporary art auction rarher than this generic "Urban Art" slot.

Check the catalogue here

From the Financial Times

The elusive Banksy remains the most bankable name in urban art and works by him carry the two highest estimates in the sale. “Save or Delete Jungle Book” from 2001 was commissioned by Greenpeace for the environmental group’s campaign against illegal logging and features bound and blindfolded characters from Walt Disney’s Jungle Book being confronted by a hooded axeman against a backdrop of decimated woodland. Copyright issues prevented Greenpeace from using the image and Banksy eventually gave it away to the person who is now selling it – for an anticipated £60,000-£80,000. Another of his works, “Portrait of an Artist” from 1998, is estimated at £50,000-£70,000 while Banksy screenprints are on offer from £2,500. A taste of true graffiti art is provided by part of a backdrop for one of the Clash’s “Combat Rock” gigs in 1983, painted by US-born Futura 2000 as the band performed. The untitled piece is estimated at £15,000-£20,000, while Greg Miller’s pop art-inspired “Phantom Lady” is on offer at £6,000-£8,000. Among the best pieces, however, is “Shark” by DNTT (aka Tony D’Amico). While lacking the immediacy of true street art, the 12ft steel, copper and glass predator is every bit as menacing as the real thing. Snap it up for £8,000-£12,000.

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