Banksy plays the surprise exhibition at the Bristol Museum like it is a favor he’s paying his old stomping grounds. But Colin Gleadell reveals that the favor is all Bristol’s because the Banksy show is a selling opportunity (something like the Richard Prince show at Serpentine last year.)
Some press reports of the surprise Banksy exhibition at the Bristol Museum have stated that the works are not for sale. “Not so,” says a source close to the Banksy market, who wishes to remain anonymous. “The House of Commons monkeys are priced at half a million quid and the Damien Hirst spot painting with an over-painted rat is £400,000,” he says. “Two receptions were held on Friday to which collectors were invited; one for the rich and another for the less rich. Unfortunately the rich were only interested in the cheaper works, which didn’t leave much for the poorer collectors.”
Banksy’s market has suffered in the recession, with numerous lots going unsold at auction.