A London gallery is offering a slice of ownership in the work for around $150.
, Usher said the mural had not been authenticated by the artist’s studio Pest Control. “The lack of authentication means we can’t take it to an auction house,” he told the . “There is a grey secondary market for these pieces, but in the current financial market, those people are just not there”.
Historically, Banksy and Pest Control do not condone the sale of any work taken out of its original context, with only a few exceptions. Even without that stamp of approval, the mural after it was extracted from the wall of an electric shop in November 2021. Currently, the mural is on display at the amusement park Dreamland Margate and an agreement has been reached with the owner to show it there for at least 12 months. Usher told the he spent two months sourcing experts to properly remove the work from the building, which took place at the end of April, at a total cost of nearly $250,000 . to remain on display for at least 24 months at Dreamland Margate, where it has been on temporary view since June.
Some of the proceeds of the sales the fractional ownership shares will go to the very cause depicted in . Showpiece has agreed to donate some of the proceeds to the UK domestic violence charity Refuge. The owner of the mural has also pledged a six-figure sum to Oasis, a charity in Margate which supports families seeking to leave and recover from domestic abuse.
France Dernières Nouvelles, France Actualités
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