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.
Banksy's 'Girl with Balloon (Gold)'
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 firstname.lastname@example.org to request our catalogues. As always thank you for reading this week's blog.
Till next time,
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