The “Banksy Effect” Gets Street Art Selling

A trip to London has helped Marc and Sara at the Wooster Collective notice a “banksy effect” on street art. Banksy, the UK street artist whose art is now selling at very high prices at auction, has generated to an interest in contemporary art that wouldn’t have existed without him, the WC duo argue:

Like Andy Warhol before him, Banksy has almost single handedly redefined what art is to a lot of people who probably never felt they appreciated art before. By being an iconoclast, and in the process becoming a mythic hero for a lot of people, Banksy has become an incredible icon in our society…

For us, we think that this is the best thing that could have ever happened to the street art movement. Why? Because what Banksy (and Steve Lazarides) have done is to create a market for an entire category of art that until now has not been recognized at the level that it is now being recognized at.

Wooster Collective: The “Banksy Effect”