Rule-breaking artist Banksy is a mysterious character and his work sells for millions at auctions around the world. Case in point: his piece Devolved Parliament that just sold for close to Dhs36 million – a record price for a Banksy painting.
The street artist and political activist created the 13-foot long painting back in 2009 but its timely resurfacing is possibly the reason behind the staggering price tag. Devolved Parliament depicts members of British parliament as chimpanzees – something most find particularly ironic given the Brexit discussions happening at the moment.
While the painting may have broken records, Banksy took to his Instagram to speak out – via reposted quote – about the negative effects of art as capital, stating “The price of a work of art is now part of its function, its new job is to sit on the wall and get more expensive”. The quote, originally from art critic Robert Hughes, goes on to say “Suppose that every worthwhile book in the world cost $1 million – imagine what a catastrophic effect on culture that would have”.
Banksy simply captioned the photo “Shame I didn’t still own it”. He has previously shared his opinion on selling art at auction when he shredded his own work once it was sold – so we definitely hear him loud and clear now.