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In the Air – Art+Auction's Gossip Column

Banksy Mural of a Heart-Shaped Balloon From His NYC Residency Will Be on Sale at Art Miami

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Admittedly this was inevitable, but wow — that was fast! Banksy’s mural of a heart-shaped balloon covered in bandages (pictured), which he spray-painted on a wall in Red Hook, Brooklyn on October 7 — early on during his “Better Out Than In” residency — only to have it vandalized within hours and eventually covered with a metal shield, will be on view and for sale at Art Miami (December 3-8) next month with an early price estimate of $200,000-500,000.

The extracted mural will be shown at Miami fair by New York’s Stephan Keszler Gallery, whose homepage currently sports a teaser for the big-ticket Banksy. Earlier this month Keszler, a known Banksy dealer, said that lucky owners of new works from the popular street artist’s New York residency should approach him to flip the pieces. “They should give it to me and we’d sell it,” he told the New York Times. At least one landlord followed through after claiming that he was taking measures to protect the mural.

The balloon mural won’t be the only Banksy up for grabs in Miami. Tribeca-based outfit Cheryl Hazan Contemporary Art will be selling two works from the artist’s 2003 “Study for Happy Chopper” series in Art Miami’s CONTEXT offshoot. The six-foot-tall images of smiley-faced riot police will be priced at between $450,000-500,000.

Miami art fair migrants should be used to Banksy by now. Last year Art Miami had a veritable bevvy of Banksy works, including some murals that had been excavated, wall and all, on display.

— Benjamin Sutton (@bhsutton)

(Photo by the author.)

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