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Guerrilla graffiti artist Banksy got back to his roots this week. The cultural sensation - whose work often sells for six figures - tagged a London chemist with some kids pledging allegiance to mega-retailer, Tesco. He's obviously an optimist.

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Art Fags Rejoice

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The Shadow Lounge isn't content with simply serving booze and boys. No, no - the London-based gay bar's getting into the art auction business. From Bloomberg:

A London gay bar, the Shadow Lounge, will host a $3 million auction on Oct. 11 during the Frieze Art Fair, with works by Banksy, Damien Hirst and Jean-Michel Basquiat, said Banksy dealer Steve Lazarides.

"We're targeting people who might buy, and we want to make it a fun event," Lazarides said today in a telephone interview. "Most art events are a bit stuffy."

The catalog for the sale, "The Soho Auction," features pictures of prostitutes, some with telephone numbers.

Good to know they're keeping that gay spirit alive.

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A group of enterprising young malefactors recently made off with one of British guerilla artist Banksy's most famous images: the Gloucester Gardens rat (pictured). Tagged long before Banksy established himself as one of the world's most inventive (and adventurous) artists, the rat became a cherished part of the neighborhood. Looking to make a buck, however, some unknown scamps cut it out of the wall and put it up for auction on eBay. Resident Marion Lau-Mackaay laments to The Daily Mail:

For the sake of a few thousand pounds, someone has removed a much-loved part of the wall.

My six-year-old son loved it so much he did a painting of it after he heard it had gone and sent it to Banksy with a letter saying, ‘I hopes this makes you feel better’.

Though eBay's removed the £20,000 item, police don't seem too interested. Lau-Mackaay's neighbor, David Hopwood says, "I complained to the police but they said as it wasn’t a robbery or an assault, they couldn't help. Westminster council was disinterested."

One can't help but wonder what the thieves will do with the wall. If it weren't stolen, we'd suggest they take it to Sotheby's for their February 7th auction, where some of Banksy's work may go for up to $98,000. Oh well. Look at this way: you've got a great conversation piece.



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