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December 21, 2014

Bids from hundreds of thousands

Wednesday, February 19, 2014

Banksy works being offered at Miami auction

Three works by the elusive British street artist Banksy, including two that had to be removed from the sides of buildings, are going to a Miami auction where each is expected to bring hundreds of thousands of dollars.

Bandaged Heart, which was spray-painted on the side of a Brooklyn warehouse, was removed by a team of specialists shortly after it was completed during Banksy’s self-proclaimed New York City residency in the fall, said Stephan Keszler, the gallery owner who purchased the work. Bandaged Heart, an image of a heart-shaped balloon covered in Band-Aids, has a pre-sale estimate of US$400,000 to US$600,000.

Kissing Coppers, a black-and-white stencil of two uniformed English “bobbies” (police officers) in a passionate clinch, was spray-painted in 2005 on the Prince Albert Pub in Brighton, England, and is expected to sell for US$500,000 to US$700,000. Another work created during Banksy’s New York residency, Crazy Horse Car Door, is estimated to bring US$200,000 to US$300,000.

In the last three years, Keszler said, he has sold 11 original works by the street artist, including Banksy Slave Labour (Bunting Boy), which sold for US$1.1 million in London to a US collector.

AP

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