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Banksy's street art headed for auction

Wednesday, November 27, 2013 - 01:35

Nov. 27 - Various murals and stencils by graffiti artist Banksy are up for auction. Roselle Chen reports.

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A collection of aerosol stenciled artwork by British graffiti artist Banksy is going up for auction. "Flower Girl," "Black Bobby" "Umbrella Rat," "Happy Choppers" and "TV Girl" were cut from various walls around the world and will be sold by Julien's Auctions in December. The total estimated value for the five pieces is between $440,000-$710,000 (USD), with the centerpiece being "Flower Girl," which was a mural painted on the brick wall of a gas station in 2008. The mural shows the silhouette of a girl looking up at a closed-circuit television camera sprouting from a vine. Consignment director for Julien's Auctions, Michael Doyle said that the piece, like most of Banksy's work, is a statement about society. SOUNDBITE: Michael Doyle, consignment director of Julien's Auctions, saying (English): "It's kind of a switch of context, obviously, in nature a couple of hundred years ago there wouldn't be any security cameras so this is Banksy's way of integrating these modern motifs of surveillance and all those type of issues into the stuff that's been going on for thousands of years." Banksy, who intentionally hides his identity and real name, is becoming a hot commodity in the art world. "Flower Girl" is estimated to fetch between $150,000 to $300,000 - which some see as a conservative estimate, considering that another one of his works, "Slave Labour," recently sold for $1.1 million. The Banksy collection will hit the auction block on December 05 in Beverly Hills as part of Julien's Auctions "Street Art" collection.

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Banksy's street art headed for auction

Wednesday, November 27, 2013 - 01:35