This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 15 °C Friday 10 July, 2020
Advertisement

Banksy artwork depicting MPs as chimpanzees sold for record amount

Devolved Parliament went under the hammer in London last night.

bank Source: PA Images

A BANKSY ARTWORK depicting MPs in the House of Commons as chimpanzees has been sold for almost £9.9 million (€11 million), in what organisers say is a record for the street artist.

Devolved Parliament, which is four metres wide, was first unveiled as part of the Bristol artist’s exhibition Banksy vs Bristol Museum in 2009.

It went under the hammer at Sotheby’s in London last night and after 13 minutes of bidding, sold for £9,879,500. It had a guide price of between £1.5-2 million. 

That comfortably beats the previous auction record for a Banksy – the £1.54 million (€1.7 million) paid for Keep It Spotless, which was sold at Sotheby’s in New York.

In a statement after the record sale, Sotheby’s said: “More than 10 determined bidders competed for the work over the course of a 13-minute battle, quintupling the pre-sale high estimate.”

Shortly after Devolved Parliament was sold, Banksy reacted on Instagram.

“Record price for a Banksy painting set at auction tonight,” he wrote.

“Shame I didn’t still own it.”

After Devolved Parliament went on display in March, Banksy wrote on Instagram: “Devolved Parliament. I made this 10 years ago.

In 2009, Banksy said of Devolved Parliament: “You paint 100 chimpanzees and they still call you a guerrilla artist.”

Devolved Parliament was only the joint most expensive painting sold by Sotheby’s on Thursday, however.

Pyro, a 1984 painting by Jean-Michel Basquiat, also sold for £9,879,500.

Thursday’s auction took place almost a year after Banksy’s Girl With The Balloon partially shredded itself as the gavel came down at Sotheby’s, becoming the freshly titled Love Is In The Bin. It sold for one million US dollars.

  • Share on Facebook
  • Email this article
  •  

About the author:

Press Association

Read next:

COMMENTS (22)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel