Banksy's 'Devolved Parliament,' a satirical oil painting depicting the House of Commons filled with chimpanzees, has sold for a record-breaking £9,879,500 ($12,200,000), after going on display in Bristol in March to mark the first missed Brexit deadline
," a satirical oil painting depicting the House of Commons filled with chimpanzees, has sold at auction in London for a record-breaking £9,879,500 , after going on display in Bristol in March to mark the first missed Brexit deadline. The final sale price far exceeded auction house Sotheby's estimate of £1,500,000 to £2,000,000 .
Previously, the highest price the artist had commanded at auction was $1,870,000 for"Keep it Spotless," a Damien Hirst spot painting which Banksy updated with a spray-painted hotel maid. The artwork was sold at Sotheby's New York in 2008."Devolved Parliament," Banksy's largest canvas at 13 feet, was created in 2009 for the Banksy vs. Bristol Museum exhibition, and was initially titled"Question Time.
"I made this ten years ago. Bristol museum have just put it back on display to mark Brexit day," Banksyon Instagram in March."'Laugh now, but one day no-one will be in charge,'" the artist added, a reference both to the ongoing Brexit turmoil and his 2002 painting of a row of chimps, which wear aprons reading,"Laugh now, but one day we'll be in charge."
Steve Lazarides, Banksy's former agent, said in a phone interview that the buyer of"Devolved Parliament" must have seen more than monetary value in the painting."It has to be more than just money, otherwise why wouldn't you just invest in gold?" Lazarides said.
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