A print of ‘Jack and Jill’ by Banksy sold for $78,000 in August 2020. The art market has skyrocketed since the national Covid-19 lockdown, with a “major increase” in people looking to invest, an expert says. International Art Centre director Richard Thomson said it was the highest bid ever received at the gallery. “It’s a career highlight for me and for the art gallery and for the New Zealand art scene.”READ MORE:* Rare Banksy art sells at auction to NZ bidder for $1.45m in big night for Auckland gallery* Banksy art could hit record $1 million in Auckland auction* Two more limited-edition Banksy artworks offered for sale in Auckland auctionA previous art auction saw two Banksy pieces sell for almost $200,000. Charlie Ninow, the head of art at Webb’s auction house, said the Covid-19 lockdown in 2020 has led to a shift in people’s thinking about what is valuable.

Source: Stuff March 31, 2021 01:41 UTC