The Writing’s on the Wall


As New York sign painting company puts up faux Banksy mural at Wooster and Grand in Soho, interest in graffiti art sinks at auction:

“Less than a third of the 270 lots found buyers at Lyon & Turnbull’s sale, which was the latest gauge of demand for street art after prices surged to records in the last three years. Dealers said demand, reduced by worries about the economy and confusion about the authentication of Banksy’s pictures, may be an ominous sign for the mainstream art market.”