Banksy pays band with £200,000 painting
Banksy pays band with 200,000 painting
A group which lost their name to his film has received a valuable 'apology' from the graffiti artist
Exit Through the Gift Shop is the name of a 2010 'documentary' film by graffiti artist Banksy, in which one Thierry Guetta, becames obsessed with street art (including Banksy) and makes a film about it, then becomes a street artist himself whilst Banksy becomes the film-maker.
But Banksy wasn't the first to use the name - a band had been playing under the name of Exit Through the Gift Shop for years, when suddenly they started to get a series of emails claiming to be from Banksy.
The artist explained that he'd like to make it up to them for taking their name, and offered to create a new gig backdrop for them if they dropped their name altogether. Still unsure whether the emails were genuine or not, the band changed their name to Brace Yourself.
Soon after, a white van turned up, driven by a man who had no idea what he was carrying. The delivery was a black-and-white painting of Death driving a dodgem car, with his scythe as the aerial. 'Brace Yourself' (with an 'anarchy A') has been 'carved' into the bumper.
The band invited a man from Sotheby's over, who valued it at 200,000 for insurance purposes. He commented 'this is surreal. I have just been valuing an 18th-century portrait in a stately home, but it is not as valuable as this'.
The band is displaying it in a gallery with no immediate plans to sell.
Banksy's works have many collectors worldwide, including Brad Pitt and Angelina Jolie, and the five-figure valuation is not unusual - though Banksy greatly discourages the sale of the street art (such as the 'street cleaner', above)for which he is most famous.
The bookmarklet lets you save things you find to your collections.
Note: Make sure your bookmarks are visible.
Click and drag the Collect It button to your browser's Bookmark Bar.