Banksy sells his art for practically nothing to unsuspecting public A Chicago man scores hundreds of thousands of dollars worth of Banksy art for $60 each in New York. Unsuspecting tourists who thought they were buying cheap Banksy knock-offs have scored the bargain of a lifetime after the elusive street artist revealed the paintings were really his. Banksy used an anonymous old man to sell several of his original works for US$60 ($63.60) from a stall in New York's Central Park on Sunday. The paintings are actually worth around $42,400 each. It took hours for the man to make his first sale, no doubt because everyone thought he was selling counterfeits. His first customer was a woman who bought two small canvases for her children - but only after haggling him down to a half-price discount. Banksy - a pseudonym for the world-famous English graffiti artist whose identity is unknown - revealed the ruse on his website today. Yesterday I set up a stall in the park selling 100 per cent authentic original signed Banksy canvases. For $60 each," he wrote. Please note: This was a one off. The stall will not be there again today. He also posted a two-and-a-half minute video to show how the day unfolded. For the first few hours, the man sat around as people walked past the three dozen or so paintings - which could have a combined estimated value of up to $1.59 million. The black-and-white paintings were simply marked "SPRAY ART" with another sign that said "$60." Just before 11.15am, a woman is seen looking at a painting. She decides not to buy it and walks off. Streams of people walk past until the man makes his first sale at 3.30pm. At 4pm, a woman from New Zealand buys two paintings. She shakes the man's hand but he seals the deal by kissing her cheek. At 5.30pm, a Chicago man tells the vendor he is decorating his new house, explaining, "I just need something for the walls." He buys four paintings with a potential combined value of $227,529 for a mere $254. The old man says goodbye by giving him a hug. At 6pm, the man packs up his stall and leaves. The total takings were $445, despite the sold art being worth an estimated $233,200 to $339,200. Banksy is currently hosting a month-long "live exhibition" called Better Out Than In: An Artist Residency on the Streets of New York, in which he creates a new piece of outdoor art each day. So far, he has spray-painted an elaborate work onto an abandoned car and arranged for a cattle truck full of shrieking soft toys to be driven around the city. Last week, media outlets reported they may have photographed the elusive artist. While Banksy has drawn international acclaim over the years, not everyone is impressed. Last week, a British waste management company demanded he be arrested for vandalism. A spokesman said they would set a trap involving a giant cargo net to catch the mysterious painter.