Millions for a half-shredded Banksy? The art market has lost the plot

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Opinion: We all know Banksy, or rather don’t know Banksy – the British street artist whose identity remains the best-kept secret in contemporary culture

We all know Banksy, or rather don’t know Banksy – the British street artist whose identity remains the best-kept secret in contemporary culture. Even this, however, is a game because one doesn’t have to look too far to find a name. Banksy’s anonymity has been preserved because he is more valuable as a man of mystery than as a recognisable, photographable individual.

To fund his increasingly diverse operations, which include films, public art and activism all over the world, Banksy discreetly sells a few pieces every year through a self-created agency called Pest Control.put up for auction at Sotheby’s in 2018 was one of these market-made works: a hand-made copy of an iconic image that first appeared in 2002, and has been repeated many times.

 

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Banksy is just mocking the idiots paying for his art.

It’s 💯 a collective and very much run like a company. That’s how they left this elephant in the room

Ripped art. Stupid rich buyers

He appeared in the penultimate episode of TedLasso S2.

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