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Banksy Didn't Need to Win an Oscar to be a Winner

Tuesday 01st March 2011

Banksy's Handiwork in Beverly Hills - AFP/GETTY
 
Art fans across the globe tuned in to the Oscars this year to see whether the mysterious, and ever elusive street artist Banksy was going to surprise us all and win the Best Documentary Feature for his film, Exit Through the Gift Shop
 
The Bristol native brought an air of uncertainly to the Oscars, with people wondering whether he would turn up in disguise, or do something unusual on the night of the ceremony to garner yet more attention for his documentary, and work at large. 
 
Ever since the documentary was nominated, works by the artist have been cropping up all over LA, with some suggesting that the works were all part of a grand publicity scheme in the run up to the big night. 
 
While Banksy may not have quite managed to impress audiences enough to win the Oscar, he is certainly winning when it comes to the prices of his artwork. Art market monitor, Artnet, recently provided an analysis showing the ten most recent sales of Banksy's work at auction, which indicated that his prices were, on average, 25% higher since he received the nomination. 
 
So, Banksy may not have won the Oscar, but his increasing notoriety is helping him to win over the auction room buyers. 

Posted on March 01st 2011 on 07:44pm

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