Last week was a good week for Banksy collectors. Bonhams‘ Knightsbridge sale brought in record breaking results, capped with Barcode, coming under the hammer at £100,250 against a low estimate of £30,000 – £50,000. Six other works in the lot contributed to making Thursday’s auction the best in the history of the Knightsbridge Prints department, with other highlights including Pulp Fiction (sold for £81,500), Laugh Now (sold for £75,250), Morons (sold for £62,750), HMV (sold for £62,750), Happy Chopper (sold for £60,250), and Jack and Jill (sold for £44,000). Nearly every work exceeded its upper estimate, bringing in unprecedented sale values for the auction house’s prints and multiples.
Phillips saw even more substantial success with their 2010 signed Choose Your Weapon – Lemon, the nod to fellow street art pioneer Keith Haring landing the closing price of HK$1,890,000 (approximately £182,700,000). All of these sales broke department, medium and global records, giving those in his corner an early Christmas present. The infamous street artist has proven that his works stand the test of time – at least in terms of resale value.