I Woke Up To A Banksy: What Should I Do?

Chloe Fitzgerald

4 min read

Post on May 31, 2025

4.9

Share

Verifying Authenticity: Is it a Genuine Banksy?

The very first step, and arguably the most critical, is verifying the authenticity of the artwork. While the thrill of a potential Banksy discovery is undeniable, claiming it as genuine without professional authentication is risky and could lead to significant disappointment or even legal repercussions. Numerous forgeries exist, and self-authentication based on online comparisons is unreliable.

• Contact Reputable Banksy Art Authenticators: Several experts specialize in Banksy authentication. Research their credentials and experience thoroughly before engaging their services. A reputable authenticator will employ rigorous methods, potentially involving stylistic analysis, paint analysis, and provenance research.
• Gather Comprehensive Photographic Evidence: Document the artwork extensively. Take numerous high-quality photographs from various angles, including close-ups that capture details like paint texture and style. Photograph the location as well, noting any surrounding features that may be relevant.
• Preserve the Artwork's Integrity: Avoid touching, cleaning, or altering the artwork in any way. Any changes could compromise its authenticity and significantly reduce its value.
• Document Everything: Keep detailed records of all actions taken, including communication with experts and authorities.

Securing the Artwork: Protecting Your Banksy

Once you suspect you've discovered a Banksy, protecting the artwork from damage or theft becomes paramount. Its high value makes it a prime target.

• Contact Local Law Enforcement: Immediately report the discovery to your local police department. This establishes a record, protects the artwork, and ensures its safety.
• Maintain Discretion: Avoid making any public announcements until the artwork's authenticity is confirmed by a reputable expert. Publicity can attract unwanted attention and potentially increase the risk of theft or vandalism.
• Implement Security Measures: Consult with a security professional to implement appropriate measures to protect the artwork. This might involve installing security cameras, increasing surveillance, or employing other security protocols. Document all security measures taken.
• Detailed Log: Maintain a comprehensive log of all interactions related to the artwork, including dates, times, individuals involved, and any actions taken.

Legal and Financial Considerations: Owning a Banksy

The legal ownership of a Banksy found on your property can be complex. Property rights typically grant ownership to the landowner, but there are nuances, especially if the artwork is considered a piece of public art or if it's located on a building owned by someone else.

• Seek Legal Counsel: Consult with an art law specialist immediately. They can advise you on ownership rights, potential legal challenges, and the process of selling the artwork.
• Understand Tax Implications: Selling a Banksy artwork will likely involve significant tax implications. Seek expert advice from a tax professional to understand your responsibilities.
• Explore Sale Options: If the artwork is authenticated, you'll need to decide how to sell it. This may involve working with established art dealers or auction houses, which will command the highest prices but may also entail commissions.
• Ethical Considerations: Consider the artwork's potential public significance before selling. Some Banksys are considered public art, and selling them could spark controversy.

Protecting Your Privacy: Managing the Media Frenzy

Discovering a Banksy can trigger a media frenzy. Protecting your privacy is crucial.

• Prepare a Media Statement: Develop a concise statement to address media inquiries. This statement should confirm the discovery, emphasize the ongoing authentication process, and politely decline further comment until the authentication is complete and legal counsel has been sought.
• Avoid Premature Interviews: Refrain from granting interviews until you've consulted with legal counsel. Uncontrolled statements can have unintended legal and financial consequences.
• Consider Public Relations: Engaging a public relations professional can help manage media interactions effectively and protect your privacy.
• Limit Social Media: Be cautious about sharing information about the discovery on social media.

What to Do If You Wake Up to a Banksy: Next Steps

Discovering a potential Banksy artwork is a significant event. Remember these key steps: professional authentication is paramount; secure the artwork immediately; seek legal and financial advice; and protect your privacy. Owning a Banksy carries significant value and potential complications. Don't panic! Follow these steps to navigate this exciting and potentially complex situation. Remember, professional authentication and legal counsel are crucial. [Link to reputable Banksy authenticators] [Link to art law specialists]