Banksy’s iconic masterpiece Wharf Rat appeared in 2010 on San Francisco’s Pier 39 on Fisherman’s Wharf. The artwork was painted on a metal door and depicted a rat digging its way out of a tunnel, right next to the Alcatraz Boat Tour station just across the water from the infamous prison island. Unfortunately, the City of San Francisco Department of Public Works painted over the door, and it was thought to have been destroyed and lost forever. Until now.
Banksy’s Wharf Rat Masterpiece. The metal door featuring the artwork with fascinating details, valued by a professional and independent appraiser of the American Society of Appraisal at $700,000+, will be auctioned along with a 1-of-1 NFT for a period of 24 hours beginning December 17 at 10:00 PM PST (December 18 at 7:00 AM Paris Time). The auction will be followed by a sale of 333 fragment NFTs of the Virtual Wharf Rat Door on December 18th, finishing with open edition NFTs on December 19th.
A meticulous fan of Banksy was able to recover the piece and entrust it to professional restoration facilities, where art experts were able to uncover the original piece using the most on-point restoration techniques. The lost masterpiece has been saved from destruction and will now become NFTs, enter the Blockchain where it shall embody the will to freedom forever, displaying the crypto community’s core values of independence, resourcefulness, and persistence.
Thanks to a partnership between B. Creative (Robert Baek), Whonose, Daoz.eth, TokenArt, 3DScanLA, and Cosmic Wire (who recently sold Banksy’s Spy Booth as a hybrid NFT for $610,000), the collection of NFTs will be released over a period of three days beginning on December 17th at 10:00 PM PST (December 18th at 07:00 AM Paris Time), with each day consisting of different opportunities to participate in unique drops.