Skip to Content
Art

Van Nuys Artist Sees Work Soar in Value After LAPD Visit

UPDATE: After 70 bids, the artwork sold for $25,200. In the final twenty minutes of the auction, the price doubled as collectors battled each other to own the picture from the LA Times article.

Alex Shaefer paints pictures of banks... on fire. Last week the LA Times reported that he'd been visited by the LAPD who were concerned that he was some sort of bank-hating anarchist terrorist. The story went viral and now Alex's painting is for sale on eBay. After a starting bid of $920, the price has been climbing steadily-- the piece is currently at $10,100 and there is still about a day left for the price to go even higher as frenzied bidders attempt to snag a small piece of history.

The irony is that now the only people who can afford to buy his work are the same people who looted the financial system in the first place-- bankers. Actually, there's a second work available with a current bid at only $2,750.

Stay in touch

Sign up for our free newsletter

More from L.A. TACO

The Five Best Tacos in South Gate

From a spot that uses a unique Michoacán-style "salsa agridulce" to a fish taquería where the batter stays crispy, next time you're in SELA, now you know! Southeast Los Angeles, presente!

June 13, 2024

Black Music Month: Five California-Based Baddies Taking Over The Music Industry

From Sacramento to Slauson Hills and Pasadena, these emerging California-raised artists are representing the state's current hip-hop and R&B scenes.

Open Thread: What Is L.A.’s Most Overrated Dish?

Dry donuts you drove an hour for? "Texas-style" tacos you just don't seem to get? That mean Michelin-recognized chef's new place?

Here’s Everything You’ll Eat at The Clippers’ New Intuit Dome

Sushi-dogs, three meat pizza, and churros that put all other stadium concessions to shame.

Building Generational Wealth Through Estate Planning: How to Apply for L.A. County’s ‘Leaving a Legacy’ Program

Only one-third of Americans have a will, with even lower figures in Black (23%) and Latino (18%) communities. The full impact of this problem is often only felt after a loved one passes away or when an adult with a disability or an older adult doesn’t have a Power of Attorney in place. 

June 11, 2024
See all posts