Banksy has pulverized all the auction records of contemporary art. Love Is in the Bin, awarded by 18.6 million pounds at Sotheby’s in 2021, not only multiplied by twenty its original price, but consolidated the street artist as an alternative asset with a revaluation that leaves gold behind. I look at the five most expensive sales here and why this market challenges the logic of traditional active refuge. The five most expensive and expensive Ba…
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Banksy has pulverized all the auction records of contemporary art. Love Is in the Bin, awarded by 18.6 million pounds at Sotheby’s in 2021, not only multiplied by twenty its original price, but consolidated the street artist as an alternative asset with a revaluation that leaves gold behind. I look at the five most expensive sales here and why this market challenges the logic of traditional active refuge. The five most expensive and expensive Ba…