Banksy
Festival (Destroy Capitalism) (LA Edition)
Found at
Christies,
London (Online Auction)
Contemporary Edition: London, Lot 416
28. Feb - 14. Mar 2023
Contemporary Edition: London, Lot 416
28. Feb - 14. Mar 2023
Estimate: 10.000 - 15.000 GBP
Price realised: 15.120 GBP
Price realised: 15.120 GBP
Description
BANKSY Festival (Destroy Capitalism) (LA Edition) screenprint in colours, 2006, on Arches wove paper, numbered 76/500 in pencil (there was also a signed edition of 150), printed by Modern Multiples Fine Art Editions, Los Angeles, published by Pictures on Walls, London The new Certificate of Authenticity from Pest Control has been issued and will be sent to the buyer in due course. Image 476 x 657 mm. Sheet 572 x 768 mm.
Upper estimated price slightly exceeded
In March this year Christies in London held the auction Contemporary Edition: London, which included the work Festival (Destroy Capitalism) (LA Edition) by Banksy. Here, the upper estimate of GBP 15,000.00 was slightly exceeded - the artwork found a new owner for GBP 15,120.00 (€ 17,201.92). Of course, this price has nothing to do with the top prices that other works by Banksy achieve. The highest price we have observed so far was reached by the work Love is in the Bin in October 2021 with an auction result of GBP 18,582,000.00 (€ 22,014,651.32).
Oberer Schätzpreis leicht übertroffen
Im März diesen Jahres führte Christies in London die Auktion Contemporary Edition: London durch, in der auch die Arbeit Festival (Destroy Capitalism) (LA Edition) von Banksy zur Versteigerung kam. Dabei wurde der obere Schätzpreis von GBP 15.000,00 leicht übertroffen – das Kunstwerk fand für GBP 15.120,00 (€ 17.201,92) einen neuen Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Banksy erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Love is in the Bin im Oktober 2021 mit einem Auktionsergebnis von GBP 18.582.000,00 (€ 22.014.651,32).