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Banksy, Warhol and Perry get dedicated city space

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Oliver Gormley shows off a Banksy

Oliver Gormley shows off a Banksy

PA

Oliver Gormley shows off a Banksy

Works by some of the world's most renowned contemporary artists are to go on permanent display for the first time in the capital.

Banksy, Andy Warhol and Damien Hirst are among the artists whose work visitors can view with the opening of a dedicated contemporary gallery in central Dublin.

Gormleys Contemporary will also feature works by other global stars such as Grayson Perry, Roy Liechtenstein and Keith Haring.

Managing director Oliver Gormley said he wants to provide a permanent place for the viewing and buying of world-class art.

He said artworks are still increasing in value despite the financial chaos linked to the pan- demic.

"The contemporary art market is very strong, with Warhol's pieces increasing in value by an average of five to 10pc per year over the last 30 years," Mr Gormley said.

Investment

"Banksy's work is a superb investment. As an example, we sold a signed Girl With A Balloon for €160,000 in 2017, and one from the same edition sold at auction this month for €477,000.

"Like commodities such as gold, the market for high-end contemporary art has increased in value during the current crisis."

The gallery is also opening a permanent sculpture garden featuring artists including Sandra Bell, Patrick O'Reilly, Bob Quinn, Ian Pollock and Eamonn Ceannt.

The exhibition is above Gormleys Fine Art on South Frederick Street