“Show Me the Monet,” one of many revamps of classic paintings that Banksy has called his “Raw Oils” collection, is expected to fetch between $ 3.9 and $ 6.5 million at auction on Wednesday.
But it far exceeded expectations as it was sold to an unidentified bidder at Sotheby’s in London on Wednesday night for $ 9.89 million.
It came after a “heated and competitive 9-minute auction battle between clients around the world,” Sotheby’s said.
The only other Banksy to sell for more was his painting of the chimpanzee-populated British parliament, which sold for over $ 12 million a year ago.
In ‘Show Me the Monet’, Banksy transforms Monet’s masterpiece of a Japanese-style bridge in his famous Giverny garden into a modern place to make flies – littered with discarded shopping trollies and a fluorescent orange traffic cone.
“The vandalized paintings reflect life as it is today,” said the notoriously secretive artist, who has never been officially identified, in 2005, when he was painted.
“We don’t live in a world like Constable Haywain anymore and, if you do, there’s probably a travelers camp on the other side of the hill.
It was one of Banksy’s “strongest and most iconic” works to ever auction, according to Alex Branczik, European head of contemporary art at Sotheby’s.
With Post Wires