Banksy Bonanza at Bonhams
5 New World Auction Records
• 7 of the Top 10 from Bonhams Pop x Culture Sale by Banksy
Works by Banksy ignited a bidding frenzy at Bonhams' inaugural Pop x Culture on Thursday 8 October in London with the top lot, Heavy Weaponry, 2000, achieving an impressive £471,062. Another work by Banksy, a screenprint of Girl with Balloon, 2004 (signed), sold for £350,062, almost double the pre-sale estimate.
Three Banksy prints achieved world auction records in the sale:
• Girl with Balloon, 2004 (unsigned), sold for £212,562 (estimate: £60,000-80,000).
• Laugh Now, 2003 (unsigned), sold for £68,812 (estimate: £15,000-20,000).
• Gold Flag, 2007 (signed). sold for £72,562 (estimate: £18,000-22,000).
The original concept auction featured Modern & Contemporary art, prints, entertainment memorabilia and fashion pieces, exploring Street Art, youth culture and all things 'Pop'. The sale made £2,004,935 with 63% sold by lot and 84% sold by value.
Head of Sale, Cassi Young, said: "We're delighted with the results of the sale. Pop x Culture was such a fun concept exploring the artists, cultural figures and genres that defined a 'post-pop' world. It is great to see that 'Pop' still has the power to make an impact, and to see works by Banksy, one of the definitive street artists, go with a bang not a pop."
There was further Banksy-mania at Bonhams Prints and Multiples on Wednesday 7 October in Knightsbridge with two works by the artist achieving new world auction records – Soup Can (unsigned), which sold for £40,062 (estimate: £7,000-10,000), and Monkey Queen (unsigned), which sold for £35,062 (estimate: £4,000-6,000). Another work by Banksy, Flag (Silver) (unsigned) sold for £31,312, against an estimate of £4,000-6,000.
Carolin von Massenbach, Bonhams Director of Prints in Knightsbridge commented: "We're very pleased with the phenomenal success of the prints featured in the Pop x Culture sale, and of the great figures achieved in the Prints and Multiples sale the day before. The record-breaking results for Banksy prove that he remains the most iconic street artist living and working today."
Other highlights of the Pop x Culture sale included:
• KAWS (born 1974), Untitled (Calvin Klein), 1999. Sold for £122,562.
• Keith Haring (1958-1990), Untitled 2, from Free South Africa, 1985. Sold for £22,562 – a world record for the print
• BLADE (Steven Ogborn) (born 1957), Illegal Entry, 1984. Sold for £25,062 – a new world record.
• Andy Warhol (1928-1987), Mao, 1972. Sold for £43,812.
• Andy Warhol (1928-1987), Vegetable Soup, from Campbell's Soup I, 1968. Sold for £35,062.
• Invader (born 1969), Invasion Kit IK.7: Union Space, 2007. Sold for £13,812.
Banksy's 'Oh My God', 2006, a unique work which featured in his landmark Barely Legal Exhibition in Los Angeles in 2006, will lead Bonhams Post-War & Contemporary Art Sale on 22 October in London. It has an estimate of £700,000-1,000,000.
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