#art-valuation

#art-valuation

It is becoming clear that Banksy is probably one of the most consequential artists of our time. It's hard since within the art world, you're not supposed to like Banksy because the art world didn't make him-he's the only artist who made himself.

Perelman claimed the works "lost their luster, lost their depth, lost some of their definition and lost a lot of their character".

Perelman argues that his paintings, exposed to a fire's sprinkler systems and smoke, have suffered an intangible loss of value, described as their 'oomph'.