Wednesday, December 3, 2008

Banksy streeet art

An interesting story on Telegraph UK came to my attention today, A former run-down pub in Liverpool has seen its market value soar after it was branded by a graffiti artist, thought to be enigmatic artist Banksy.
As Banksy continues his legacy this year with the recent series of more public installations (Villages Pet Store) and his major billboard sized street art displays in NYC, his reign in the world of street art is as strong as ever. And along with the ever increasing fame of the secretive artist is also a demand for the art, as more and more art collectors are now looking to snatch a piece of their own authentic artwork. As a result a run-down pub in Liverpool managed to double it’s initial value of £495,000, to around £1 million, when it got blessed by one of Banksys politically-motivated street art rat pieces, similar to those that were shown around NYC earlier. Take a look at the image below .

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