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Why is the art market afraid to unmask the Banksy phenomenon?

2021-10-29T17:32:59.386Z


DECRYPTION - At nearly 22 million euros, Love is in the Bin has sold for twenty times the price in just three years. The street artist is worth more than many of his contemporaries presented at the Fiac. It upsets all the codes of the art market.


Does Banksy's new record upset our values? Since the 21.9 million euros reached by

Love is in the bin

, at Sotheby's, on October 14, during the Frieze Art Fair in London, the art market has entered a new era. No need to try to compare the most popular street artist of the moment to his contemporaries at the Fiac in Paris, or even to more historic auction sizes. It has nothing in common with the Picasso (

Man and Child

, 1959, Las Vegas, MGM collection, Sotheby's, October 23) sold at the same height, i.e. 20.1 million euros, as its price. .

For the Spanish pope of painting, one of the most famous and influential of the 20th century, it seems perfectly deserved.

But to the king of stencil drawings criticizing a drifting society, it sounds like a sham.

Banksy is dividing the camps more than ever.

On the one hand, those of the old school who buy according to a classic scale of values.

On the other, those of the new

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Source: lefigaro

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