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February 23, 2014

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Miami - Banksy pieces set for auction

Three murals created on the sides of buildings by an elusive British street artist known as “Banksy” will be sold next Tuesday along with millions of dollars in other works at a Miami auction being closely watched due to the soaring value of street graffiti.

Fine Art Auctions Miami estimates “Kissing Coppers,” a black-and-white stencil of two British police officers kissing in close embrace, is worth between US$500,000 and US$700,000. The work originally appeared on the side of the Prince Albert Pub in Brighton, England, in 2005.

The wall is one of several Banksy works removed from their original location and sold to collectors. It will be auctioned off with two more pieces — “Crazy Horse Car Door” and “Bandaged Heart Balloon” — created during the artist’s month-long “street residency” in New York City last year. The auction will also include a sketch by Jean-Michel Basquiat and a Keith Haring watercolor, “Roger in the Flowers.”

Banksy, whose graffiti and stenciled paintings appear as social commentary in public spaces and private property around the world, emerged in Bristol in the early 1990s.

Despite having worldwide notoriety and being featured in the 2010 Oscar-nominated documentary “Exit Through the Gift Shop,” the artist has kept his real name a secret.

The Banksy pieces are owned by a private collector who wants to remain anonymous.




 

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