From Banksy’s Record-Shredding Sale to an FBI-Busted Art Star: The Best and Worst of the Art World This Week

Catch up on this week's news, fast.

Banksy's Love is in the Bin (2018) at Sotheby's London on September 3, 2021. (Photo by Tristan Fewings/Getty Images for Sotheby's)

BEST?

Banksy’s Bin Brings in Millions – The anonymous artist’s self-shredding print sold for a whopping $25 million at Sotheby’s in London.

Holy Sphinx! – Two patio ornaments shaped as sphinxes brought in more than $260,000 after they were priced at just $700 at an auction house.

Market Mavens Join Forces – A new dynasty is born as Amy Cappellazzo, Yuki Terase, and Adam Chinn form a new advisory firm with a focus on Asia.

Frieze Is Back, Baby – The art fair made its triumphant return in London with international VIPs back in full force.

Trade Groups Shore Up to Prevent Trafficking – A group of 12 art trade associations joined forces to prevent cultural heritage looting and trafficking from Afghanistan.

Columbus Is Coming Down – Mexico City is replacing its Christopher Columbus monument with one of a pre-Hispanic indigenous female figure.

Biden Expands Natural Landmarks – Reversing the Trump administration’s move, Biden has reinstated protection for the Bears Ears and Grand Staircase Escalante in Utah.

The Treasure in the Attic – A 17th-century Tiepolo drawing was unearthed in bubble wrap in a historic manor’s attic in the U.K.

Where To, Next? – From Austin, Texas, to Accra, Ghana, these cities are poised to become the next art-world hubs.

What to Make of Jasper Johns  Ben Davis on the unexpected lessons of the big Jasper Johns retrospective at the Whitney and the Philadelphia Museum.

WORST?

Museum Workers Laid Off – A new report analyzes why so many employees lost their jobs when museums got so much financial aid during the pandemic.

FBI Bust Former Art Star – A one-time emerging artist Christian Rosa was busted for selling fake paintings by Raymond Pettibon, who was once his mentor.

London Opts to Keep Statues on View – In a reversal, the city decided to keep statues of slave owners and other controversial figures on view, but will add explanatory plaques.

Is Inigo in Settlement Talks? – The besmirched art dealer Inigo Philbrick may be in talks to cut a deal with prosecutors, according to new court papers.

Alarm Over Hitler NFTs – Online critics have been calling out the large quantity of jokey Hitler-themed NFTs on OpenSea.


Follow Artnet News on Facebook:


Want to stay ahead of the art world? Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward.