A large-scale painting of a grim reaper figure riding in a carnival bumper car by Banksy entitled “Brace Yourself!” sold for $2,032,000 – over three times its original estimate of $600,000 – at Julien’s Auctions in Hollywood. It was the first time the work came to auction. The buyer was Miguel Garcia Larios, owner of vintage specialist RCNSTRCT Studio in Hollywhood. Banksy created the artwork in 2010 for a local British band known as “Exit Through the Gift Shop,” who shared the same name the artist wanted to use for his about to be released 2010 directorial debut film. To avoid any copyright issues, the band agreed to Banksy’s offer to create a unique painting for the group if they were to change their name to “Brace Yourself!” According to the original email correspondence, Banksy humorously offered to paint a smiley face on Death if the band felt the imagery was too dark. A portion of the proceeds from the sale will benefit MusiCares® the music charity.
Banksy – Love is in the Air. UPDATE: THIS SOLD FOR £189,000
Sotheby’s biannual Banksy sale opens for bidding online today. This much-anticipated auction surveys the activist’s groundbreaking work with a selection of prints from his initial foray into screen printing to one of his more recent editions, Banksquiat. The auction of 34 lots runs until August 17.
BANKSY Diamond In The Rough – spray paint on truck door – CHRISTIE’S IMAGES LTD. 2022
Banksy’s Diamond In The Rough, 2010 ($3,000,000 – 5,000,000) comes up as a highlight at Christie’s 21st Century evening sale in New York City next May. A brilliant combination of readymade surfaces and Banksy’s instantly recognisable style it leverages perceived notions of rebelliousness attached to street art. Its ingenuity lies both in the artist’s seemingly simple choice of subject matter and its ability to spark conversation about the art form as a whole. A cultural statement itself Diamond In The Rough stands as testament to the place of street art in the canon juxtaposed with society’s inability to completely extract it from its perceived history.
Painted on a steel and glass truck door the artwork employs extant graffiti as the backdrop for a young girl rendered in Banksy’s signature stencil mode, positioned at the bottom of the frame. Her hand cradles a glowing gem with shine lines emanating on all sides, reminiscent of the playful compositions of Keith Haring. A direct predecessor of Banksy, Haring also famously engaged public transit as his canvas decades prior, prefiguring some of Banksy’s own work.
Flora Yukhnovich – Warm, Wet ‘N’ Wild (£150,000-£200,000). UPDATE: THIS SOLD FOR £2,697,000 GBP
The London edition of the Now evening auction at Sotheby’s on March 2 brings together a tightly curated selection of works by some of the most sensational artists of the 21st century. The sale will offer works by Rachel Jones, Shara Hughes and Flora Yukhnovich, and provide a masterpiece context for well-established artists such as Cecily Brown, George Condo and Banksy. Addressing the outstanding demand for young and emerging artists the sale follows the highly successful launch of the format in New York last November.
Banksy – Kissing Coppers (£2.5 – £3.5 million). UPDATE: THIS WAS UNSOLD
BANKSY (20TH/21ST CENTURY) – Peckham Rock (2018). UPDATE: THIS MADE 700 AT HAMMER
This wooden replica of Peckham Rock by Banksy recreated by the British Museum in 2018 is Lot 43 at Morgan O’Driscoll’s off the wall online art auction which runs until January 10. Unframed it measures 4.9″ x 7.2″ and the framed size if 14.6″ x 13.8″. It is estimated at 500-600. There are 447 lots on offer and the catalogue is online.
Banksy’s Trolley Hunters – a typically powerful, witty and prophetic critique of society’s often irrational predilection for processed and packaged products – will make its auction debut at Sotheby’s Now evening sale in New York on November 18. It is estimated at $5-7 million. Painted over 15 years ago as an indictment against the excesses of consumerist society, the painting has arguably never been as relevant as it is today, with the disruption to the global supply chain having exposed the fragility of our fast-paced consumerist eco-system. UPDATE: THIS SOLD FOR $6.6 MILLION
DONALD TESKEY (B.1956) – Fog Latitude. UPDATE: THIS MADE 18,000 AT HAMMER
There is art by Paul Henry, Sean Scully, Francis Bacon, Banksy, John Behan, Bridget Riley and many more Irish and international artists at Morgan O’Driscoll’s sale of Irish and International Art on October 26. Viewing for this evening auction gets underway at the RDS and continues right over the Bank Holiday weekend. The catalogue is online. Fog Latitude by Donald Teskey is estimated at 15,000-25,000.
Bansy”s shredded painting Love is in the Bin has sold for a record £18.5 million at Sotheby’s in London. Nine bidders in the room, on the telephone and online chased the work for ten minutes in a bidding battle. It was sold three years to the month since the work, formerly Girl with Balloon, shredded at New Bond Street in an unexpected piece of performance art and set a record for the artist at the time of £1 million.
(See posts on antiquesandartireland.com for September 3, 2021 and October 11, 2018)
Banksy’s Sunflowers from Petrol Station from the collection of the British designer Sir Paul Smith will highlight Christie’s 21st Century Art evening sale in New York on November 9. It is estimated at $12,000,000- $18,000,000. It is part of a limited group of Banksy works that belong in the realm of fine art objects as opposed to the street art editions for which he is best known. In this example, the artist presents a painterly and conceptual defacement of the Van Gogh masterpiece, Sunflowers. As well as riffing on the comedy of wilted petrol station flowers – a far cry from Van Gogh’s magnificent blooms – the title implicates the pollution of both nature and culture at the hands of big corporations.
The international autumn selling season gets underway in earnest this month. Major auction houses have been issuing previews of what to expect. Sotheby’s Contemporary Art evening sale in London on October 14, to coincide with the Frieze and Frieze Masters art fairs, will be headed by what they cheerfully describe as the most famous artwork of the 21st century, Banksy’s Love is in the Bin. Global news and instant art history happened when Girl with a Balloon was shredded just after the hammer came down on a million pound bid in 2018. It was then authenticated by Banksy and given a new title of Love is in the Bin. The new owner decided the wise thing to do was bank on Banksy and kept it. It now comes to market with an estimate of £4 million – £6 million (€4.67 million – €7.01 million).
Love is in the Bin by Banksy. UPDATE: THIS SOLD FOR £18.5 MILLION
This is the dawning of the age of minorities and in what will be an undoubted shot in the arm for black transgender women artists MGM resorts will sell their Picasso’s in Las Vegas on October 23 and build a new collection with a focus of diversity. The art market of the future will feature artists from a more diverse range of backgrounds, particularly from groups who have been discriminated against. Jean-Michel Basquiat’s Because it Hurts the Lungs (1986) will be a highlight at Christie’s live and livestreamed 20th/21st Century evening sale including Thinking Italian in London on October 15. The title of the work is taken from a cryptic quote by Leonardo: “Why the thunderbolt kills a (man and) does not wound him, and if the man blew his nose he would not die. Because it hurts the lungs”. Winston Churchill, whose Tower at Koutoubia Mosque” sold for a record £8.3 million in March, will highlight Christie’s Modern British art evening auction in London on October 20. The Bridge at Aix en Provence was gifted to the Swiss paint manufacturer Willy Sax, who supplied Churchill with his artistic materials and would become a lifelong friend. It is now estimated at £1.5-£2.5 million (€1.75-€2.92 million).As part of a global expansion Bonhams has just opened its first dedicated saleroom on the Continent at Rue de la Paix in the heart of the luxury district in Paris. There will be a sale of Antiquities next Thursday (October 7). This will be followed one week later by a sale of Post War and Contemporary art.
