Works by Banksy and Invader sold for over $900,000 at Julien’s Auctions’ “STREET ART” event, which was a raucous celebration of the irresistible allure of street art. Held in Los Angeles on February 22nd, this event showcased 20 works by top street artists including RETNA, Jamie Reid, Jeff Hamilton and Fraser, Jorge Jimenez-Deredia, Louis Waldon, and many more. It also attracted a large number of online bidders and collectors.
Spotlight on Banksy’s Iconic Creations
The crown prize of the auction was the “Untitled Police Van Chimp,” a 2003 stencil on a glass van window, one of four works by Banksy that stole the spotlight. A piece of art from Banksy’s seminal “Turf War” show, this piece doubled its expected value and sold for an incredible $222,250.
“Mayfair Paparazzi Rat,” painted on a wooden door panel, “Crazy Horse,” an aerosol painting on a vehicle door, and “Gangsta Rat Live,” an aerosol on a metal door, all exceeded expectations. Not only did their exorbitant pricing demonstrate Banksy’s ability to engage and stir discussion via art, but they also served as a critique of society conventions.
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Invader’s Mosaics Achieve Remarkable Success
Not only did five of Invader’s distinctive tile mosaics sell for more than expected, but the artwork commemorating his 4,000th mosaic in Bolivia, “POTI-50,” fetched $29,250—nearly five times the initial estimate. Not only that, but Invader’s other pieces, such as “PA_605,” “MLGA-15,” “PA-877,” and “PA-595,” all sold well, demonstrating the growing appreciation for his groundbreaking style of street art among collectors.
A Global Ode to Street Art
Not only did this auction shatter previous records, but it also demonstrated the immense popularity and growing demand for street art worldwide. The importance of street art in modern culture was highlighted at Julien’s Auctions’ “STREET ART” event, which drew attendees from all around the world and showcased works by a diverse range of artists.
Amid ongoing changes in the art world, this auction’s success is a potent reminder of the enduring impact of street art and the artists who create it. The innovative stories and stunning visuals of pioneers like Banksy and Invader keep them at the forefront of this thriving art genre, which continues to attract spectators and collectors.
