Start free trial

Home > News, Articles & Multimedia > Worth Points > Banksy Guerilla Art Stunt offers Canvases worth Hundreds of Thousands for $60 Each

Banksy Guerilla Art Stunt offers Canvases worth Hundreds of Thousands for $60 Each

by Gregory Watkins (10/15/13).

Throughout October, Banksy is unveiling a new piece of art, such as this piece, around the city each day—be they a series of murals, videos and a couple of mobile art displays in the form of trucks—delighting in-the-know New Yorkers and drawing large crowds of tourists.

One man’s junk is another man’s treasure. But what about one man’s graffiti?

Bankys, the anonymous British street artists whose spray painted pieces on abandoned buildings and random walls have sold for upwards of millions of dollars at auction, has brought his guerilla art act to New York City and a few lucky Big Apple denizens have unknowingly scored some big-dollar canvasses… for $60 each.

Throughout October, Banksy is unveiling a new piece of art around the city each day—be they a series of murals, videos and a couple of mobile art displays in the form of trucks—delighting in-the-know New Yorkers and drawing large crowds of tourists.

But one stunt that may pay off extravagantly for some unwitting Central Park visitors as Banksy announced on his website that on Saturday, Oct. 12, he “… set up a stall in the park selling 100% authentic original signed Banksy canvases. For $60 each.”

Yeah… Banksy, who’s had some of his works sell at auction for millions, parted with original, signed works for $60 each. Well, one woman—the first of only a handful to buy the insanely-discounted canvases—negotiated a two-for-one deal with the vender to buy two of the smaller works. Another man, saying he had moved into a new apartment and needed something to hang on the walls, bought four.

A hidden camera captured the day’s events:

So, what can we learn from this live art experiment? Is it that most of us only appreciated art if that art is set up in a space where we expect to find fine art? If a street vender was offering small, framed examples of Vemeers, Van Goghs or Picassos for $60, would we assume they were merely reproductions, regardless of how good they looked?

One of the pieces sold this day was titled “Love is in the Air,” a piece depicting a young man wearing a backwards baseball cap and a bandana around his face—violent protestor-style—preparing to lob a bouquet of flowers. A limited edition version of this same print sold for a quarter of a million dollars this summer.

One of the pieces sold this day was titled “Love is in the Air,” a piece depicting a young man wearing a backwards baseball cap and a bandana around his face—violent protestor-style—preparing to lob a bouquet of flowers. A limited edition version of this same print sold for a quarter of a million dollars this summer.

The event was a one-day-only sale, so don’t rush out to Central Park this Saturday expecting that stand to be there again… now that we know, the purchase would be more for financial gain instead of buying it simply for the appreciation of the art as art.

I would suggest that as we go about our day, we keep an eye open for art, no matter where we are or whether we expect to see it or not.


Gregory Watkins is the executive editor of WorthPoint. You can e-mail him at greg.watkins@worthpoint.com.

WorthPoint—Discover Your Hidden Wealth

One Response to “Banksy Guerilla Art Stunt offers Canvases worth Hundreds of Thousands for $60 Each”

  1. S. Surmick says:

    This is an incredible uplifting story about the true value of art. As a huge fan of Banksy, I only wish I was in that park that very day!

Want a picture icon with your comment? Sign up with Gravatar to get one, or connect with your Facebook or Twitter account.

Looking for even more discussion? Check out the WorthPoint Forums.

Leave a Reply

Connect with Facebook