More than 500 people watched the World’s first Urban Art sale take place at Bonhams in New Bond Street on 5 February. As bids were relayed to the auctioneer of the evening, buyers battled to buy works by this new group of avant-garde artists. Exciting, fresh, edgy and challenging, interest for works was fever-pitch throughout the sale with 99% of the work selling - a truly extraordinary phenomenon that the market has never seen before. Many works by artists were met with a round of applause during the sale and cheers and more applause continued at the end of the sale.

Posted: 02|6|08 at 9:21 am. Filed under: UK News.