So it seems a few people did get lucky - http://tvnz.co.nz/world-news/kiwi-unwittingly-buys-80k-worth...
Banksy Art Sale in Central Park [video]
71–80 of 98 posts
Re: Banksy Art Sale in Central Park [video]
#72If your are all interested in Banksy I'd urge you to watch a film that he accidentally was forced to make about Street Art and himself, well let's say because the original Director...well you will see. It's called Exit Through The Gift Shop, I watched on Netflix. http://www.youtube.com/watch?v=a0b90YppquE I've always been a fan of Banksy's work. Especially the work he did at the dividing wall on both sides in the Wes…
"I've always been a fan of Banksy's work. Especially the work he did at the dividing wall on both sides in the West Bank and Israel."
And this is why I roll my eyes a little when people deride Banksy (not necessarily on HN - rather in face to face discussions) as boring artistically, politically, or as some kind of a sell-out.
His works use the environment they're placed in to great effect (e.g. Bethlehem), use props (higher risk, more planning required, more interest generated) and are messages rather than trademarks (e.g. King Robbo).
And when someone drops the tired line that he copies others like Blek Le Rat; when you've had a go at making a stencil you quickly realise that you're limited by the medium (stencils can convey only so much detail), thus similarities arise. It's the message that's important, not the piece itself.
Re: Banksy Art Sale in Central Park [video]
#73I would like to know where this $750K number is coming from. Generally Banksy originals of this kind are priced closer to low five-figures, but if someone has inside knowledge here please share. This article puts the value at around 20K pounds: http://www.mirror.co.uk/news/weird-news/banksy-sells-origina...
http://www.artnet.com/artwork/426239067/424327227/banksy-kid...
This piece which you see sold to 'the lady from New Zeland', seems to be part of a run of 25 pieces and priced at 100k-120k.
Re: Banksy Art Sale in Central Park [video]
#74It's a cool experiment but not altogether surprising right? The provenance of a piece of artwork, and other rare goods, is arguably more important than the art itself. Especially in the case of artwork which is easily reproducible and copied. If you think that's idiotic then ask yourself if you were given the opportunity to buy the first original Apple 1 or an exact replica, how much more would you be willing to pay…
Perhaps I want the original because other people value it more, such that its value is more likely to increase over the replica.
http://en.wikipedia.org/wiki/Positional_good (credit to dbond)
Re: Banksy Art Sale in Central Park [video]
#75It's a cool experiment but not altogether surprising right? The provenance of a piece of artwork, and other rare goods, is arguably more important than the art itself. Especially in the case of artwork which is easily reproducible and copied. If you think that's idiotic then ask yourself if you were given the opportunity to buy the first original Apple 1 or an exact replica, how much more would you be willing to pay…
"If the amount is greater than zero, then you're admitting that you're really buying an experience and set of emotional states in addition to a physical good."
Absolutely, and I think that's the message being conveyed by Banksy. In a similar project he erected pieces in undisclosed locations throughout the English countryside - their existence only documented in pictures on his website. That way money is removed from the equation while the message remains.
Re: Banksy Art Sale in Central Park [video]
#76Wtf? "Better Out Than In" is a stupid title. Please restore the original title, "Banksy sells original artwork for $60; valued at $750k". It's meaningful. /me wishes mod edits were logged with their username so they can be held accountable for stupid title edits like this.
I logged in just to upvote this sentiment. The original title was very clear. It let me decide whether or not I was interested. The new title makes no sense. I'd be highly likely to simply pass over it.
Its more link-baity this way. Instead of knowing what the article is about before clicking on it, you are now forced to waste an extra 10 seconds.
Re: Banksy Art Sale in Central Park [video]
#77It's a cool experiment but not altogether surprising right? The provenance of a piece of artwork, and other rare goods, is arguably more important than the art itself. Especially in the case of artwork which is easily reproducible and copied. If you think that's idiotic then ask yourself if you were given the opportunity to buy the first original Apple 1 or an exact replica, how much more would you be willing to pay…
"If the amount is greater than zero, then you're admitting that you're really buying an experience and set of emotional states in addition to a physical good." Absolutely, and I think that's the message being conveyed by Banksy. In a similar project he erected pieces in undisclosed locations throughout the English countryside - their existence only documented in pictures on his website. That way money is removed from…
I feel like no matter what you are doing, you are buying experience and emotional states. The point is the cause of these particular emotional states is kind of silly.
Re: Banksy Art Sale in Central Park [video]
#78is that banksy in the video?
Re: Banksy Art Sale in Central Park [video]
#79The crazy underspray is uncharacteristic of Banksy. It looks like the artwork was intentionally made to look like ripoffs.
and the best part: he doesn't make any mention of identifying characteristics of the "100% authentic" pieces he was selling. He's just given every banksy rip-off a huge boost in credibility, and destroyed the resale market for his own work.
Authenticating the provenance of Banksy stuff has always been a tough ask. The only way to definitively verify if streetart is genuine is to wait for it appear on his website, but for prints/canvases etc. he runs his own verification service [0].
Re: Banksy Art Sale in Central Park [video]
#80is that banksy in the video?
Not a chance.