Francesca Gavin recently wrote a piece for Artsy titled:
“Steve Lazarides’s Banksy Auction Tests the Artist’s Market”
Lazarides photographed by Lars Fassinger |
"Steve Lazarides is innately skilled at promotion. His career
as a gallerist was for a decade intertwined with the artist Banksy - initially
promoting and producing screenprints for Banksy and his imprint Pictures on
Walls, before representing the artist as a gallerist. Lazarides’s gallery is now
the definitive space for artists who have largely emerged from a street
context, and next week Lazarides is putting up around 30 unsigned prints by
Banksy at auction. The question everyone is asking is why?
“I want to see how far the market can go, to be honest,”
Lazarides explains. “When you’re selling directly to a client, you set a price
and that’s it. With auction you don’t really know what’s going to happen. Why
not push boundaries and see what happens? Everybody does it - they just lie
about it. I’m constantly being persecuted for being honest,” he laughs. Unlike
many galleries, Lazarides does not work with the secondary market, focusing on
largely young primary-market emerging names.
Banksy and Lazarides haven’t worked together for around
seven years.“I don’t think we’ve spoken since 2008,” he considers. Nonetheless,
Lazarides is the expert in Banksy’s market. “There aren’t many dealers and
artists that have the kind of relationship that we had. It was an intense
decade of being in each others’ lives. With the paintings, I probably know
everything about them. With the screenprints, I was getting them printed, I
numbered most of them. I then wrapped them up and stuck them in a fucking
tube.” The Bonhams print sale, however, does not represent the gallerist’s
desire to wash his hands of the artist, and he still has a significant personal
holding on his work.
“I think the market has become so solid. The interest from
people around the world is quite significant,” Lazarides muses. “This work has
to really be absorbed into an overall umbrella of contemporary art. People like
Shepard Fairey, Os Gêmeos, Vhils, JR, Conor Harrington - I think
they’ve broken the shackles of being just urban artists. It’s not chumps buying
the work. It’s very, very serious collectors.”
The gallerist has uncovered a vast collection of unsigned
prints that he sold to a secondhand furniture dealer on Brick Lane in the early
days of Banksy’s career. The works were still in the packing Lazarides has
presented them in. He brokered a deal to have access to this archive. Although
unsigned, the works still have strong authenticity for Lazarides’s involvement
and his relationship to Banksy. The gallerist also intends to find a way of
releasing some of the unsigned prints on the market—aware that there are still
1.5 million people buying Banksy’s book who all wish to own a piece by the
artist ..."
The auction in London is on January 28th (that is today people!) and included in this sale is none other than Kate Moss (Purple,
Orange) from 2005:
Not one to miss an opportunity, we emailed the Director of
Sales enquiring as to kate’s availability and price. We received the following
response:
Hi ishotkatemoss,
Hope you're well and thanks for getting in touch.
This actually comes with all the other 5 colourways as a set of 6 for £500k.
I do have a single original colourway available for £95,000 + vat if of interest?
All the best
Hope you're well and thanks for getting in touch.
This actually comes with all the other 5 colourways as a set of 6 for £500k.
I do have a single original colourway available for £95,000 + vat if of interest?
All the best
So, without factoring in tax (which may be able to be waived
if we are taking it out of Europe, so as to hang on our fine NY walls), the single kate would set us back only US$145,000 plus shipping! For those who are looking for a slightly more affordable and tacky kate colorway, don't forget the Russell Marshall's inventory.
If anyone is seriously considering such a purchase, we’ll
leave the last word to the subversive artist so many of us admire. With echoes of the Christie’s London kate sale that prompted
our very own ishotkatemoss collage, on February 22, 2007, the day after
Sotheby’s London sold three Banksy works, all of which soared above their
auction estimates and into the six figures, the elusive and anonymous British
graffiti artist updated his website with the following image of an auction house:
Observe. Slow Down. Shoot. Submit.