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.
Read More:
Stay in touch
Sign up for our free newsletter
More from L.A. TACO
Juárez-Style Burritos Have Arrived in Southern California, And They are Already Selling Out In Less than An Hour
The month-old strip mall taquería in Anaheim make all their flour tortillas from scratch using both lard and butter, resulting in an extremely tender vehicle for their juicy guisados like carne en su jugo, carne deshebrada, chile colorado, chile relleno, and chicharrón. Every tortilla is cooked to order, too.
Urgent: L.A. TACO Falling Short of Fundraising Goals and Needs Your Support
Emergency. This is not a test. This is not a ruse. This is not a marketing scheme. We need your support if we're going to make it and every single membership counts.
What To Eat In L.A. This Weekend: Mexican-Style Pastrami, ‘Trashburgers,’ and Flamin’ Jim Morrisons
Plus, a new shawarma spot in Tarzana and the country's first wine festival dedicated solely to orange "skin contact" wine happening in Hollywood.
The 11 Best Backyard Restaurants in Los Angeles
Despite many requests to publish this guide, L.A. TACO has been somewhat protective of these gems to not "burn out the spots." However, we wanted to share it with our small, loyal pool of paid members, as we appreciate your support (and know you to be okay, non-NARCs). Please enjoy responsibly and keep these 'hood secrets...secrets.
Here’s What an L.A. TACO Membership Gets You and Why You Should Support Local Journalism
With more than 30 members-only perks at the best L.A. restaurants, breweries, and dispensaries waiting to be unlocked, the L.A. TACO membership pays for itself!
