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Banksy’s painting ‘Show me the Monet’ sells for almost $ 10 million

Banksy’s painting ‘Show me the Monet’ sells for almost $ 10 million

 


Banksy Tackle a Claude Monet masterpiece sold for 7.6 million ($ 9.8 million) following a nine-minute auction battle, Sotheby’s auctioneers said.

In “Show me the Monet”, the famous street artist Banksy reinvents Monet’s “Bridge over a water lily pond” as a modern scene.

The image is complete with environmental pollution: a traffic cone and two shopping carts immersed in an otherwise idyllic scene.

Monet’s original painting was one of 12 Impressionist works featuring views of the artist’s Japanese bridge over his water garden, near Giverny, in northern France.

Executed between 1897 and 1899, Monet painted variations depicting the same idyllic view at different times of the day, during varying weather conditions and seasons.

“Show me the Monet” sold for estimates well above estimates, the auctioneers said. Credit: Michael Bowles / Getty Images

Banksy’s painting, an oil on canvas created in 2005, was presented as part of the exhibition “Crude Oils: A Gallery of Re-mixed Masterpieces, Vandalism and Vermin”, where the artist has reinvented famous works from artists like Edward Hopper, Jack Vettriano and Vincent van Gogh.

How do art auctions really work?

At Wednesday’s auction, which was broadcast live and watched by select select customers, the ironic artwork was sold to a private Asian collector for 7.6million – above estimate from 3 to 5 million, Sotheby’s said.

The painting is the elusive British artist’s second most expensive.

Last year Banksy “Decentralized Parliament,“a satirical oil painting of the House of Commons filled with chimpanzees, sold at auction in London for a record 9,879,500 ($ 12,200,000).

The artist’s identity remains a secret, but in October of last year the artist’s former agent and photographer Steve Lazarides posted images purported to show him at work – without revealing his face.

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