🔥 Banksy Cashes Out + Okokume

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HEY Y’ALL!

Been quiet for a week—my bad. But I wasn’t slacking. How about a free primary market database for everyone? Yeah, it’s happening. More soon, but let’s get this rolling right now.

🔥 ICYMI – Catchs from the Last Week:

1. Damien Hirst, PV110. Inviting Veil, 2019 - priced at £38,000

2. Alissa McKendrick, Untitled, 2019 - priced at £2,900

3. Andy Warhol, Dominique de Menil, 1969 – priced at £55,000

Today we have an Okokume that’s a pastel fever dream—priced like a sleeper, but Asia’s still hoarding. Plus, Rome’s fake Picasso ring and Banksy’s market test.

But first…

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A message I got this week about Artscapy:

Limited spots—don’t miss out!

-Today’s Catch-

Okokume

💭 My 2 Cents: Okokume’s market has been all over the place—big highs, sudden dips, and now, this piece sits at a sneaky good entry point. £10K for a 2020 work? That’s almost too reasonable for someone whose paintings have hammered for six figures in Hong Kong. “Florecer” is classic Okokume: soft pastels, that signature dreamy look, and enough feel-good messaging to make a sustainability bro shed a tear.

🔑 Key Numbers: The artist’s sell-through rate is a whopping 93%, but let’s talk real talk: 2024 saw a brutal -97.7% price drop on some sales. Still, average auction results hover over $16k, and her hammer ratio is historically strong (even if 2024 was a bloodbath). This piece? It sits right where the market stabilizes—her earlier works are still desirable, and private collectors in Asia keep hoarding them.

🧠 Why It’s a Smart Pick: You’re getting in at a moment when the market’s taking a breather. If Okokume’s next Asia show pops, her prices go right back up, and you’ll wish you had grabbed this at five figures. High upside, low risk—unless you’re allergic to cute.

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-In a Minute-

🔥 Words I Like: grift, ghosted, gut-punch

Fake Picassos Everywhere

Mark Hoppus just Houdini’d his Banksy out of storage and into Sotheby’s, hoping to turn a £15K punk-rock flex into a £5M payout. The joke? Banksy’s market peaked years ago, and while the last few original works are still hitting big numbers, most of what’s left are prints, fakes, or overpriced hype.

Meanwhile, Africa’s art market took a 36% beating at auction. Global slowdown? Sure. But Strauss & Co. is thriving, flipping pieces in the private market while everyone else panics. Lesson? Auctions are loud, but the real deals happen in whispers.

Over in London, Indigenous artists are everywhere. Last year’s Venice Biennale threw the spotlight on them, and now collectors are scrambling to catch up. Some say it’s a bubble. Others say it’s a market correction decades overdue. Either way, money’s moving.

L.A.’s photorealism show is rewriting the script—less chrome diners, more street-level grit. The best pieces aren’t nostalgia traps; they’re gut-punches. If you think this stuff is “just a trend,” you probably also thought Basquiat was a phase.

Not all art is what it seems. Rome just got busted running a bootleg factory for fake Picassos and Rembrandts. Full workshop, forged certificates, the works. Someone, somewhere, just realized their “blue-chip” masterpiece is about as real as a 3AM Instagram NFT drop.

And for the real curveball—London’s Barbican is turning a parking lot into an art-rave. Because nothing says “serious cultural institution” like boy racer subcultures and illegal warehouse vibes. But maybe that’s the point. The next-gen collectors are rolling in from places you didn’t expect.

-Whenever You Are Ready-

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See you soon!

-Alvaro (@theartmarketguy)

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Disclaimer

Not financial advice. Frame&Flame is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.