Banksy creates the improbable concept of the value of destruction: the "self-destructing" artwork. Does the artwork become a new artwork? Is it a performance? What determines new value?
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We want to be part of the art world! We want to collect art! We can do it! Wait, what? How?
Read MoreArtists’ moral rights have been enshrined in law for 20 years through the Visual Artists Rights Act, or VARA, which was enacted as an amendment to the U.S. Copyright code in 1990. VARA is a limited statute, preventing the owners of artworks of “recognized stature” from destroying them and forbidding these pieces from being altered in some way without the artist’s approval.
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