Banksy 'Devolved Parliament' Snags a Bananas Record Price of $12.2 Million at Auction

  • October 03, 2019 18:10

  • Email
Banksy, Devolved Parliament, brought an artist auction record of $12.2 million at Sotheby's London.
Sotheby's

As Brexit looms on Halloween, a painted satire of Britain's House of Commons filled with arguing chimpanzees brought an auction record of £9,879,500 ($12,200,000) for street artist Banksy. At the Sotheby's sale in London on Thursday, "Devolved Parliament" jumped well beyond tne pre-sale estimate of £1,500,000 to £2,000,000 ($1,900,000 to $2,500,000) after a 13 minute bidding battle.

“Record price for a Banksy painting set at auction tonight,” Banksy commented on Instagram. “Shame I didn’t still own it.” 

The epic 13-foot canvas beat out Banksy's other top prices, including the $1,870,000 price for "Keep it Spotless," his uppate to a Damien Hirst spot painting, and "Girl With Balloon," which shredded as Sotheby's hammered it down last year. That work was renamed "Love is in the Bin" after bringing $1.4 million. 

The parliamentary primates painting was on loan from an anonymous collection to Bristol Museum last March, where it was also shown a decade earlier for the exhibition Banksy vs. Bristol Museum. Bansky wrote online last spring, “I made this 10 years ago. Bristol museum have just put it back on display to mark Brexit day. Laugh now, but one day no one will be in charge.”

 

Also this week, Banksy posted online about his "Gross Domestic Product," a shop for his art and homewares in London's Croydon and possible retail sales online. His flyer reads, "This shop has come about as a result of legal action. A greeting cards company are trying to seize legal custody of the name Banksy from the artist, who has been advised the best way to prevent this is to sell his own range of branded merchandise."

Read more at Guardian


  • Email

More News Feed Headlines

Detail, Raphael drawing of Venus with Cupid.

Take a Peek at the Raphael Exhibition Back On In Rome

  • ArtfixDaily / May 25th, 2020

A much anticipated loan exhibition commemorating the 500th anniversary of the death of Renaissance artist Raphael ...

Read More...
William James Aylward (American, 1875 – 1956), “The Launching,” n.d.  Oil on canvas, 23 1/2 × 29 1/2 inches.  Georgia Museum of Art, University of Georgia; Eva Underhill Holbrook Memorial Collection of American Art, Gift of Alfred H.  Holbrook.  GMOA 1945.1.

From Paul Revere to Jacob Lawrence, Artist Soldiers Are Recognized in Georgia Museum of Art's Online Exhibition

  • ArtfixDaily / May 22nd, 2020

Every summer, the Georgia Museum of Art participates in Blue Star Museums, a program organized by the National ...

Read More...
From "Radical: Italian Design," Studio 65, manufactured by Gufram©, Capitello, designed 1971, made c.  1972–78, polyurethane foam and Guflac®, the Museum of Fine Arts, Houston, the Dennis Freedman Collection, gift of Dennis Freedman.  © 1971 Studio 65m / Brad Bridgers, photographer

Museum of Fine Arts, Houston, Is First Major US Art Institution to Reopen

  • ArtfixDaily / May 24th, 2020

Over the weekend, the Museum of Fine Arts, Houston, was among the first major art museums in the U.S. to reopen ...

Read More...
Rainbow Sarawak cake by Blythe Johnson.  Inspired by Rogelio Polesello's "Surmandalismo."

Blanton Museum of Art's 'Bake-Off' Art Challenge Delivers Delicious Results

  • ArtfixDaily / May 21st, 2020

As part of a suite of #MuseumFromHome offerings, Austin's Blanton Museum of Art posited a bake-off challenge online, ...

Read More...

ARTFIXdaily Artwire