BANKSY’S ORIGINAL ART WORK FOR GREENPEACE CAMPAIGN POSTER MAKES £78,000 AT BONHAMS
URBAN ART SALE REALISES £455,760 IN TOTAL WITH 91% SOLD BY VALUE
An original art work by the legendary street artist, Banksy, for a Greenpeace Save or Deletecampaign photographic poster, sold for £78,000 last night (11 January 2011) at Bonhams, New Bond Street, as part of its Urban Art sale. The unique piece (lot 67), which was given to the vendor by the artist himself, was among a host of Banksy’s that fetched top prices in the sale.
It was commissioned by Greenpeace to highlight the problems of global deforestation as part of their Save or Delete campaign and features some of the main characters from Disney’s The Jungle Book transposed onto a picture of a devastated forest. Intended for use on posters, billboards and postcards, it was printed, but never put into circulation because of the protectionist policies at Disney. It is believed that the vendor of this lot is donating a percentage of the proceeds to Greenpeace.
Other Banksy highlights in the sale included Portrait of an Artist, circa 1998, believed to be the first work that he created for sale, which sold for £60,000; Everytime I Make Love To You I Think Of Someone Else, 2003, which made £42,000; Balloon Girl, 2004, which fetched £12,600; and Rude Copper, 2002, which sold for £9,600.
The sale saw an enormous turn-out and competitive bidding (both on the phone and in the room) following Bonhams’ two-year break from holding Urban Art auctions.
Other works to achieve excellent prices included a performance piece (lot 18) created by American graffiti artist, Futura 2000, for punk rock band The Clash’s Combat Rock tour, which sold for £38,400 (estimate £15,000 – 20,000); French artist JR’s Street Kid, Favela Morro da Providencia, Rio de Janeiro, Brasil, 2008, which made £31,200 (estimate £15,000 – 20,000); and the catalogue’s cover lot, Shepard Fairey’s Peace Goddess on Wood, 2008, which fetched £27,600 (estimate £8,000 – 12,000).
Bonhams
Bonhams, founded in 1793, is one of the world's oldest and largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son and Neale UK. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street, and Knightsbridge, and a further five throughout the UK. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Boston in the USA; Toronto, Canada; and France, Monaco, Hong Kong, Australia and Dubai. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 57 specialist areas. By the end of 2009, Bonhams had become UK market leaders in ten key specialist collecting areas.For a full listing of upcoming sales, plus details of Bonhams specialist departments, go to www.bonhams.com
