Monday 14 October 2013

Banksy sells original works worth a fortune for £38 each in New York booth

Street artist sets up pop-up booth in Central Park and makes just $420 (£263) for paintings worth hundreds of thousands
British street artist Banksy is no stranger to being in demand with just one of his pieces fetching up to hundreds of thousands of pounds. But it was a different story for the artist, currently in New York on a residency, when he set up a pop-up booth in Central Park on Saturday.
Writing on his website he said: "Yesterday I set up a stall in the park selling 100% authentic original signed Banksy canvases. For $60 [£38] each."
Accompanying these brief words, the elusive artist also released a two-and-a-half minute video showing an elderly man selling what appears to be imitations of his work from a market stall but are in fact genuine Banksy canvases. While the day's takings were only $420 (£263), the valuation of the small to medium-sized canvases that were sold is estimated to be in the region of £140,000.
It's the latest publicity stunt from Banksy, who likes nothing more than stirring up the art world. His 'live' exhibition entitled Better Out Than In: An Artist Residency on the Streets of New York has him creating a new piece of work every day. So far Banksy has produced more than a dozen art pieces and 'events' in New York, including a cattle truck full of shrieking soft toys that was driven around the city.

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