January 15, 2008
Art Is The New Real Estate: Banksy’s £208,100 Wall
News that a wall that Banksy painted has apparently sold for £208,100 on eBay. The painting is on a wall on the side of a media production firm’s base in Portobello Road in west London and will cost $5,000 to remove. We wonder what the artist thinks about someone selling art that was supposed to be so temporary and non-ownable?
Slightly reminded us of a previous PSFK thought piece on how the creative class is looking at art as investment as real estate is no longer available (or even stable enough).
More info on the auction: BBC NEWS | £208,100 eBay bid for Banksy wall
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