Banksy’s sarcastically titled “Banksy: I can’t believe you morons actually buy this sh*t” online auction with Christies grossed €1,256,357. The auction was named after one of Banksy’s 2007 works, which depicted an auction house filled with individuals fighting to pay hundreds of thousands for a framed image with the words “I can’t believe you morons actually buy this sh*t.”
The most surprising aspect of the auction is that no works were automatically shredded as had occurred during a Sotheby’s auction nearly one year ago. However, the most coveted lot did indeed resemble last year’s shredded masterpiece. Banksy, Girl with Balloon – Colour AP (Gold) achieved a record breaking price of £395,250 / $517,777. That sale price is not only a record for a Banksy print, but also a European record for a work sold online with Christie’s.
This month’s auction sold all items in the sale and nearly doubled the pre-auction estimate of about €650,000. The 30 lots where sold to registered bidders from 16 countries across 4 continents.
Image courtesy of: Christie’s