{"id":39333,"date":"2020-03-28T13:45:38","date_gmt":"2020-03-28T17:45:38","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=39333"},"modified":"2020-05-01T08:45:50","modified_gmt":"2020-05-01T12:45:50","slug":"banksy-sale-impressive-results","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2020\/03\/banksy-sale-impressive-results\/","title":{"rendered":"Banksy Sale – Impressive Results"},"content":{"rendered":"
\"Banksy's<\/a>

Banksy’s Girl With Balloon (Pink). Photo: Sotheby’s<\/p><\/div>\n

While a majority of the art world is closed for business, and many fairs and auctions have been postponed or canceled, there is still some activity which is very encouraging (unless otherwise noted, all prices include the buyer\u2019s premium \u2013 w\/p).<\/p>\n

On March 26th<\/sup>, Sotheby\u2019s held an online only sale of limited edition works by Banksy (you remember him, the artist who caused a sensation when one of his works shredded itself just after the auctioneer\u2019s hammer came down).\u00a0 The sale included 25 works, and the top-selling piece was Girl with Balloon<\/em> \u2013 Colour AP (Dark Pink). According to the catalog, this was a rare screenprint in black and pink, 2004, signed in pencil, numbered AP 21, one of 88 artist’s proofs\u00a0printed in\u00a0various colourways, on wove paper. The piece carried a \u00a3300-500K estimate and sold for \u00a3375K ($458K) \u2026 not bad for a contemporary print. Coming in second was another version of Girl With Balloon<\/em> (Screenprint in colours, 2004, inscribed with a heart in pencil, an impression outside the editions of 150 and 600, on wove paper) that was estimated to bring \u00a350-70K and sold for \u00a3106,250K ($130K).\u00a0 In case you are asking yourself, what is the difference between the two?\u00a0 Well, they are both interesting items… an artist proof is a print made in the working stages of the image – the work may still be incomplete or the artist may be trying out color variations before printing the full edition. The other seemingly printed as a one-off, and did not bear the artist’s signature but simply a heart in the lower corner.<\/p>\n

Third place saw a tie – Nola (White)<\/em> carried a \u00a340-60K estimate while Love Rat<\/em> was expected to bring \u00a330-50K .. both sold for \u00a360K ($73K).<\/p>\n

Of the 25 works offered in the sale, 24 sold (96% sell-through rate) and the total take was \u00a31.076M ($1.31M).\u00a0 The presale estimate range was \u00a3672-1.04M, so with the buyer\u2019s premium they beat the upper end.\u00a0 Also, 21 of the works sold above and 3 within their estimate ranges \u2026 not the best accuracy rate (12%); but then again, who cares since most of the works surpassed their ranges.<\/p>\n","protected":false},"excerpt":{"rendered":"

While a majority of the art world is closed for business, and many fairs and auctions have been postponed or canceled, there is still some activity which is very encouraging (unless otherwise noted, all prices include the buyer\u2019s premium \u2013 … More…<\/a><\/p>\n","protected":false},"author":21,"featured_media":39334,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[207,20,429],"class_list":["post-39333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-contemporary-art"],"yoast_head":"\nBanksy Sale - Impressive Results - Rehs Galleries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2020\/03\/banksy-sale-impressive-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banksy Sale - Impressive Results\" \/>\n<meta property=\"og:description\" content=\"While a majority of the art world is closed for business, and many fairs and auctions have been postponed or canceled, there is still some activity which is very encouraging (unless otherwise noted, all prices include the buyer\u2019s premium \u2013 … More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2020\/03\/banksy-sale-impressive-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-28T17:45:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-01T12:45:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/03\/Banksy-Girl-with-Balloon-pink-\u00a3300000-500000-framed-706x1024-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"706\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Howard L. 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