Image via Banksy
In the summer, world-renowned street artist Banksy went on a “Great British Spraycation,” producing many local neighborhoods in the country with his signature murals.
However, in a peculiar turn of events, it appears that one of the landlords in Lowestoft, Suffolk, who owns the building on which the artist spray-painted an image of a child with a crowbar, has crudely ripped off the wall on which the work is featured. Locals suspect the mural will be auctioned off at Julien’s Auctions in California.
“If it’s being removed to be displayed in a more prominent location within the town in an artistic context, then that’s lovely. If it’s because the owner realized having it in location adds £200,000 [US$269,000] to the value of the property but having it for auction… it could possibly fetch a great deal more… it’s a great shame,” said Miles Barry, chairman of local group Easterly Artists.
According to Artnet News, before Banksy left his mark on the typical concrete wall, the building had been put up for sale for £300,000 (US$403,000). Recently, the owners have increased its price to over £500,000 (US$672,000). Though, in comparison to the millions of dollars the artist’s works fetch at auctions, it’s no wonder the landlord would rather the mural be removed and auctioned off.
“It’s the extremities of capitalism. Someone does something for the public, it’s removed to make money,” said Peter Kennard, Professor of Political Art at London’s Royal College of Art.
“It’s immoral, but a lot of the buying and selling in the art world is immoral. For someone to take it down is digusting—it’s totally against the ethos of what Banksy is doing,” he told
Sky News.
Julien’s Auctions, which will be selling the piece, estimates that it could go for between US$200,000 and US$400,000.
[via
Artnet News, cover image via
Banksy]