Collectors have turned away from Banksy

[SergeiSK]

The biggest auction houses in the summer of 2009 virtually ceased to exhibit at the auction of British graffitist Banksy because of the noticeable drop in demand for his paintings in particular the newest art in general, although in May 2006 Banksy painting went under the hammer for 235,5 thousand dollars on the New York auction of Sotheby's, said the agency Bloomberg.
Signed limited edition of Banksy cheaper by 30-40 percent, unsigned - 80 percent. His only painting that sold on July 1 at Christie's was worth about 47 thousand pounds a year earlier, it is on another auction found a buyer for more than 67 thousand pounds. Results for the first half of 2009 was sold at auction 30 works by artists of the 76 exposed.
Demand for Banksy works in spite of falling interest in them in 2009 should be restored to the extent of recovery of the market of contemporary art in general. This opinion was expressed in an interview with Ben Hanley from Edinburgh company Lyon & Turnbull.
Banksy - Bristol's street artists, carefully protecting his real name. With the press of his work became widely known in 2005-2006, and from 2007 they were regularly exposed to larger auctions, where they enjoyed great success. Record price for Banksy works was established in 2008, when one of his works was sold for 1.9 million at a charity auction of Sotheby's RED.
(Lenta.ru)