Mysterious street artist Banksy has secured a major sale in collaboration with auction house Sotheby’s as his/her painting ‘Show Me The Monet’ sells for an eyewatering sum of £7.5million.
The painting, inspired and parodying a Monet masterpiece, was sold as part of a live-streamed auction on Wednesday, at Sotheby’s Central London location. Banksy’s effort is said to be based on the iconic Monet work ‘The Water-Lily Pond’ but, in typical Banksy style, he has reimagined the scene with that of flytipping with abandoned shopping trolleys and a traffic cone.
Prior to the auction, experts predicted a sale of between £3.5m-5m but, as a bidding war began to take hold, the work eventually sold for a final sum of £7,551,600.
“In one of his most important paintings, Banksy has taken Monet’s iconic depiction of the Japanese bridge in the Impressionist master’s famous garden at Giverny and transformed it into a modern-day fly-tipping spot,” Alex Branczik, Sotheby’s European head of contemporary art, said in a statement.
“More canal than idyllic lily pond, Banksy litters Monet’s composition with discarded shopping trollies and a fluorescent orange traffic cone.
“Ever prescient as a voice of protest and social dissent, here Banksy shines a light on society’s disregard for the environment in favour of the wasteful excesses of consumerism.”
In yet another record-breaking moment for Banksy, the painting is now the second most expensive auction sale for the artist after he/she managed to sell his piece ‘Devolved Parliament’ sold for £9.9million last year.