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24/04/2014
Banksy Street Works To Be Sold At Auction
A collection of seven works by graffiti artist Banksy, all removed from from public walls, is to be put on display at a London hotel before being put up for auction.
The exhibition and and auction is being organised by the Sincura Group, a "company commissioned with the removal and sale of Banksy Street Art".
The company say that they are approached by building owners to remove the artwork illegally painted on their sites and do not make any financial gain from the sale of the works.
In a statement released by the company they say: "The building owners have not asked for the art to be placed on their premises or for the on-going attention received from it. Whatsmore, they run the very real risk of having a grade 2 listing applied to their premises which seriously affects their business operations and resale value. Though loved by the public these are often a hindrance to the building owners."
It is understood that none of the artwork being offered for sale has been or will be authenticated. Banksy established Pest Control to authenticate his own work but it will only accept canvases and prints and not his street works.
The artworks are on display at Me London on the Strand until Sunday. Entry costs £17.50.
The Sincura Group said an auction using online and sealed bids would conclude on Sunday.
(MH)
The exhibition and and auction is being organised by the Sincura Group, a "company commissioned with the removal and sale of Banksy Street Art".
The company say that they are approached by building owners to remove the artwork illegally painted on their sites and do not make any financial gain from the sale of the works.
In a statement released by the company they say: "The building owners have not asked for the art to be placed on their premises or for the on-going attention received from it. Whatsmore, they run the very real risk of having a grade 2 listing applied to their premises which seriously affects their business operations and resale value. Though loved by the public these are often a hindrance to the building owners."
It is understood that none of the artwork being offered for sale has been or will be authenticated. Banksy established Pest Control to authenticate his own work but it will only accept canvases and prints and not his street works.
The artworks are on display at Me London on the Strand until Sunday. Entry costs £17.50.
The Sincura Group said an auction using online and sealed bids would conclude on Sunday.
(MH)
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