Banksy take on Monet masterpiece sells for £7.6 million

Lula Sharp
October 26, 2020

Show Me The Monet sold for £7,551,600 at a Sotheby's event in London on Wednesday, and comes at a huge increase on an estimated sale price of between £3.5m to £5m.

Parliament mandated sold for 9.9 million pounds previous year.

"The hammer came down after five determined collectors battled for almost nine minutes to drive the final price beyond its estimate of £3 million to £5 million to become the second highest price for the artist at auction", Sotheby's said.

The oil on canvas work, "Show Me the Monet", a modern take on Monet's impressionist classic "The Water-Lily Pond", was sold at Sotheby's following a bidding battle.

Show me Monet makes part of a series titled Crude Oil, which does the traditional work of "remixing".

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Show Me The Monet is the most expensive of Banksy's works to sell at auction since his painting Devolved Parliament, which depicts MPs as chimpanzees in the House of Commons, sold for $12 million a year ago, setting a record price for the artist's work.

The painting titled "Show Me the Monet" (money) was drawn by Banksy in 2005 and in it he simulates a famous painting by French Impressionist Claude Monet, in which there is a scene of a Japanese bridge over a small lake where lily flowers float on its surface, but the revolutionary artist added to the water of the lake a group of remnants The current consumer society.

Banksy, whose real name has never been officially confirmed, began his career spray-painting buildings in Bristol, England, and has become one of the world's best-known artists.

Alex Branczik, Sotheby's European head of contemporary art, said the work was one of the "strongest and most iconic" Banksy works to appear at auction. The painting is valued at 3-5 million pounds (US$ 3.8-6.4 million ) when sold at auction on October 21.

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