Thursday, 29 May 2008

Banksy and Faile at Dorotheum Art Auction

"Laugh now but one day we'll be in charge". This is what Banksy wrote on his stenciled monkeys some years ago. Now his art gets stolen from the street and appears in fine art auctions, next to Immendorff's and Lichtenstein's art.
Yesterday evening at the Dorotheum auction for contemporary art in Vienna many of Banksys screen prints did not sell. Also the piece of Berlin wall (estimate € 30.000 - 50.000) and the basement window that disappeared from Adalbertstraße did not sell. What did sell was the cardboard police officer with a Smiley on his face. The auction house named this piece "Happy Cop". Who laughs now is not just the sold Cop, also the auction house and the former owner are making good $$ with Banksy's work. Estimated with €35.000-45.000, the Cop sold for €61.300. That is much more than the Andy Warhol's that sold and nearly as much as Jörg Immendorff's monkey bronze sculpture.

The Faile gate, that used to be in Köpenickerstraße in Berlin, sold for €55.200. Now one of Dave the Chimp's street worms looks at us from the gate. His face doesn't look as if he feels like laughing, maybe what is going on now, with all this street art auction stopped him from laughing.
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