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

Art Industry News: Did Banksy Pull Another Bait-and-Switch When It Comes to His Notorious Self-Shredding Artwork? + Other Stories

ART WORLD NEWS

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

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.

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.
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