Everything you need to know about the art market in one three minute clip.
Banksy’s guerilla assault on New York continued last week with a big old needle jab into the art world’s balloon. The UK artist’s work regularly trades in the hundreds of thousands, but an anonymous street kiosk of Banksy paintings could only whip up $420 in sales.
So who were the suckers in this prank: The passersby who missed out on a jackpot, or the art collectors who spend six figures on work that isn’t worth 60 bucks on the street? Or maybe I’m the sucker for stopping to consider who the suckers are. Damn your wit, Banksy! Damn you!