After Christina Aguilera bought an original of Queen Victoria as a lesbian and two prints for £25,000, on 19 October 2006, a set of Kate Moss paintings sold in Sotheby's London for £50,400, setting an auction record for Banksy's work.
The six silk-screen prints, featuring the model painted in the style of Andy Warhol's Marilyn Monroe pictures, sold for five times their estimated price.
Their stencil of a green Mona Lisa with real paint dripping from her eyes sold for £57,600 at the same auction.

In December, journalist Max Foster coined the phrase, "the Banksy effect", to illustrate how interest in other street artists was growing on the back of Banksy's success.

On 21 February 2007, Sotheby's auction house in London auctioned three works, reaching the highest ever price for a Banksy work at auction: over £102,000 for Bombing Middle England.
Two of his other graffiti works, Girl with Balloon and Bomb Hugger, sold for £37,200 and £31,200 respectively, which were well above their estimated prices.
The following day's auction saw a further three Banksy works reach soaring prices: Ballerina with Action Man Parts reached £96,000; Glory sold for £72,000; Untitled (2004) sold for £33,600; all significantly above price estimates.
To coincide with the second day of auctions, Banksy updated his website with a new image of an auction house scene showing people bidding on a picture that said, "I Can't Believe You Morons Actually Buy This Shit."

In February 2007, the owners of a house with a Banksy mural on the side in Bristol decided to sell the house through Red Propeller art gallery after offers fell through because the prospective buyers wanted to remove the mural.
It is listed as a mural that comes with a house attached.

In April 2007, Transport for London painted over Banksy's image of a scene from Quentin Tarantino's film Pulp Fiction (1994), featuring Samuel L. Jackson and John Travolta clutching bananas instead of guns.
Although the image was very popular, Transport for London claimed that the graffiti created "a general atmosphere of neglect and social decay which in turn encourages crime" and their staff are "professional cleaners not professional art critics".
Banksy painted the same site again and, initially, the actors were portrayed as holding real guns instead of bananas, but they were adorned with banana costumes.
Sometime later, Banksy made a tribute artwork over this second Pulp Fiction work.
The tribute was for 19-year-old British graffiti artist Ozone who, along with fellow artist Wants, was hit by an underground train in Barking, east London on 12 January 2007.
Banksy depicted an angel wearing a bullet-proof vest holding a skull.
He also wrote a note on his website saying:
The last time I hit this spot I painted a crap picture of two men in banana costumes waving handguns.
A few weeks later a writer called Ozone completely dogged it and then wrote "If it's better next time I'll leave it" in the bottom corner.
When we lost Ozone we lost a fearless graffiti writer and as it turns out a pretty perceptive art critic.
Ozone—rest in peace.

On 27 April 2007, a new record high for the sale of Banksy's work was set with the auction of the work Space Girl and Bird fetching £288,000 (US$576,000) around 20 times the estimate at Bonhams of London.

On 21 May 2007 Banksy gained the award for Art's Greatest living Briton.
Banksy, as expected, did not turn up to collect his award and continued with his anonymous status.

On 4 June 2007, it was reported that Banksy's The Drinker had been stolen.
In October 2007, most of his works offered for sale at Bonhams auction house in London sold for more than twice their reserve price.

Banksy has published a "manifesto" on his website.
The text of the manifesto is credited as the diary entry of British Lieutenant Colonel Mervin Willett Gonin, DSO, which is exhibited in the Imperial War Museum.
It describes how a shipment of lipstick to the Bergen-Belsen concentration camp immediately after its liberation at the end of World War II helped the internees regain their humanity.
However, as of
After Christina Aguilera bought an original of Queen Victoria as a lesbian and two prints for £25,000, on 19 October 2006, a set of Kate Moss paintings sold in Sotheby's London for £50,400, setting an auction record for Banksy's work. The six silk-screen prints, featuring the model painted in the style of Andy Warhol's Marilyn Monroe pictures, sold for five times their estimated price. Their stencil of a green Mona Lisa with real paint dripping from her eyes sold for £57,600 at the same auction.
In December, journalist Max Foster coined the phrase, "the Banksy effect", to illustrate how interest in other street artists was growing on the back of Banksy's success.
On 21 February 2007, Sotheby's auction house in London auctioned three works, reaching the highest ever price for a Banksy work at auction: over £102,000 for Bombing Middle England. Two of his other graffiti works, Girl with Balloon and Bomb Hugger, sold for £37,200 and £31,200 respectively, which were well above their estimated prices. The following day's auction saw a further three Banksy works reach soaring prices: Ballerina with Action Man Parts reached £96,000; Glory sold for £72,000; Untitled (2004) sold for £33,600; all significantly above price estimates. To coincide with the second day of auctions, Banksy updated his website with a new image of an auction house scene showing people bidding on a picture that said, "I Can't Believe You Morons Actually Buy This Shit."
In February 2007, the owners of a house with a Banksy mural on the side in Bristol decided to sell the house through Red Propeller art gallery after offers fell through because the prospective buyers wanted to remove the mural. It is listed as a mural that comes with a house attached. 
In April 2007, Transport for London painted over Banksy's image of a scene from Quentin Tarantino's film Pulp Fiction (1994), featuring Samuel L. Jackson and John Travolta clutching bananas instead of guns. Although the image was very popular, Transport for London claimed that the graffiti created "a general atmosphere of neglect and social decay which in turn encourages crime" and their staff are "professional cleaners not professional art critics". Banksy painted the same site again and, initially, the actors were portrayed as holding real guns instead of bananas, but they were adorned with banana costumes. Sometime later, Banksy made a tribute artwork over this second Pulp Fiction work. The tribute was for 19-year-old British graffiti artist Ozone who, along with fellow artist Wants, was hit by an underground train in Barking, east London on 12 January 2007. Banksy depicted an angel wearing a bullet-proof vest holding a skull. He also wrote a note on his website saying:
The last time I hit this spot I painted a crap picture of two men in banana costumes waving handguns. A few weeks later a writer called Ozone completely dogged it and then wrote "If it's better next time I'll leave it" in the bottom corner. When we lost Ozone we lost a fearless graffiti writer and as it turns out a pretty perceptive art critic. Ozone—rest in peace.
On 27 April 2007, a new record high for the sale of Banksy's work was set with the auction of the work Space Girl and Bird fetching £288,000 (US$576,000) around 20 times the estimate at Bonhams of London.
On 21 May 2007 Banksy gained the award for Art's Greatest living Briton. Banksy, as expected, did not turn up to collect his award and continued with his anonymous status.
On 4 June 2007, it was reported that Banksy's The Drinker had been stolen. In October 2007, most of his works offered for sale at Bonhams auction house in London sold for more than twice their reserve price.
Banksy has published a "manifesto" on his website. The text of the manifesto is credited as the diary entry of British Lieutenant Colonel Mervin Willett Gonin, DSO, which is exhibited in the Imperial War Museum. It describes how a shipment of lipstick to the Bergen-Belsen concentration camp immediately after its liberation at the end of World War II helped the internees regain their humanity. However, as of 
Banksy