Thursday, September 23, 2021

Bansky In Detroit


 A Bansky found in an unusual place is not unusual at all. However…Detroit? Across the pond in England, Bansky art pops up with regularity in different places. Most images are social awareness art. 

Eventually, someone noticed the art and the rest goes as usual. 

A group 555 (a nonprofit organization) removed and auctioned. 

The sale proceeds would fund the renovation of a new home, a 30,000-square-foot warehouse on East Warren Avenue that 555 had purchased in 2010. Julien’s Auctions of Beverly Hills, Calif., hired as the auctioneer, announced it anticipated the Banksy would sell for $200,000 to $400,000 — raising the possibility that the Packard Plant Banksy would sell for as much as the Packard Plant itself.

That didn’t happen. On Sept. 30, the Banksy sold for $137,500 to Steven Dunn, CEO of the Los Angeles-based baby-toy company Munchkin Inc. 

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