It's no news that Banksy is an art world phenomenon. And last year's infamous stunt, where his 'Girl with Balloon' canvas self-destructed moments after it sold for £1.4 million, becoming 'Love Is In the Bin', only increased his popularity.

Now, almost a year after the prank that shook the art world, Sotheby’s and Christie’s are both hosting online auctions exclusively offering work by the notorious street artist. Exclusive Banksy auctions are a first for both auction houses.

Banksy's Morons from which Christie's auction has taken its tittle. 

Sotheby’s two-week sale, "Banksy | Online”, will go live on the 6th of September, featuring some favourites such as 'Girl With Balloon - Signed' (estimated at £60,000–£80,000), 'Welcome to Hell - Signed' (£18,000–£22,000), and 'Pulp Fiction - Unsigned' (£12,000–£18,000).

Banksy's 'Pulp Fiction'

Christie’s sale on the other hand, titled “I Can’t Believe You Morons Actually Buy This Shit,” is scheduled to go live on the 11th of September. Named after Banksy's screen print of the same title (above), the sale also includes a strong lineup which has not yet been finalised but will feature signed editions of 'Stop and Search' (estimated to sell between £20,000–£30,000), both Yellow and Magenta versions of 'Choose Your Weapon' (both estimated between £30,000-£50,000) and 'CND Soldiers' (£15,000–£25,000). 
Banksy's 'Choose Your Weapon (Yellow)'
 
The top lot is a rare Artist’s Proof of 'Girl With Balloon (Gold)', carrying a whopping estimate of £150,000–£250,000. As Christie's head of prints and multiples, James Baskerville, points out: “It is not known exactly how many artist’s proofs were made in the varying colorways, but this is the first time that a color variant has been offered at auction.” 

Banksy's 'Girl with Balloon (Gold)' 

 

Sotheby's Print Department specialist, Kristeen Davidson, commented: “Over the last couple of years, we have seen Banksy’s print market go from strength to strength in its own right. It therefore seemed like a natural progression for us to harness this strength, and worldwide interest in Banksy, and present a sale solely of his works.” Also noting: “Banksy’s prints are an opportunity to become a part of something bigger. Street art is in the public forum, but prints provide a way for people who love his work to bring it home with them."

 

The fact that both these major auction houses are holding exclusive Banksy sales for the first time is certainly a mark of the effect Banksy has had on the art world and shows the interest in his market is only increasing. It will be exciting to watch it all unfold!

 

In other Banksy Auction News...

What is likely Banksy's largest artwork to date is set to go under the hammer at Bonham's forthcoming car auction. The piece is a 1988 Volvo FL6, 17-ton shipping truck. One of Banksy's earlier works, it dates back to 2000 and is estimated to sell between £1 million and £1.5 million. The truck, titled 'Turbo Zone Truck (Laugh Now But One Day We’ll Be In Charge)', is entirely spray-painted by Banksy and is signed twice in stencil. 
One side of 'Turbo Zone Truck (Laugh Now But One Day We'll Be In Charge)' with Banksy's tag stenciled at the bottom left. 

As Bonham's global head of Post-War and Contemporary Art, Ralph Taylor, stated "the composition bears all the hallmarks of this peerless agent provocateur" and also features some of the artist's known characters such as the winged monkeys and SWAT teams. The piece is complete with a Pest Control Certificate of Authenticity and is still fully functioning!

This is not the first time a mobile Banksy artwork goes under the hammer. A few years back, Bonham's sold a Banksy SWAT van, created for his 2006 breakout show, 'Barely Legal', in Los Angeles. It fetched £218,500.

Banksy's Swat van from his 2006 'Barely Legal' exhibition.

To view Hang-Up's available Banksy works ahead of all the frenzy click here or get in touch through info@hanguppictures.com to request our catalogues. As always thank you for reading this week's blog.

Till next time,

Hang-Up Team

Sale Ends - Unsigned by Banksy. 

 

 

 

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