What is the banksy effect?

The "Banksy effect" refers to the phenomenon where art, particularly street art and graffiti, gains significant value and public interest due to the notoriety and anonymity of the artist, Banksy. His provocative works often carry social and political messages, attracting media attention and driving up auction prices. This effect illustrates how the artist's identity and the context of the artwork can enhance its perceived value and cultural impact, influencing the art market and public perception of street art as a legitimate form of artistic expression.