Gangsta Rat Live by Banksy, an aerosol on a metal door mounted in an acrylic shadow box frame, will lead Julien’s Power of Street Art auction in Los Angeles on February 15. It was originally executed on a British Telecom street box in Liverpool in 2004 during the Biennial contemporary art festival and documented by Banksy. It comes to market with an estimate of $80,000-$100,000 (€73,640-€92,050).The sale is a curated collection of some of the most revolutionary street art created in the shadows, streets and walls of urban spaces. Among the artists featured are Banksy, Invader, RETNA, Jamie Reid, Billy Morrison, Louis Waldon, Jeff Hamilton and Jorge Jimenez-Deredia. Turf Wars, Police Van Chimp and Crazy Horse, both by Banksy, are each estimated at $100,000-$200,000 (€92,050-€184,100). There are five works by famed French street artist Invader including PA _595 attached to a wall in Paris in 2005 $8,000-$12,000 (€7,360-€11,050). A Jamie Reid signed Sex Pistols Anarchy in the UK limited edition print is estimated at $1,000-$2,000 (€920-€1,840).
UPDATE: Iconic masterpieces from two of the art world’s revolutionary enfants terribles and superstars, Banksy and Invader, were the top sellers at an auction netting a total of nearly $900,000.
