A painting by British street artist Banksy “Laugh Now, But One Day We Will Rule” was sold at a Christie’s auction in New York for more than $2 million, the auction house website reported Tuesday, May 11.
The final price of the lot was $1.7 million. With all additional payments, the future owner of the work will have to pay $2.07 million. The contemporary artwork created in 2002 on a cardboard sheet measuring 76 cm by 102 cm was purchased by a previous owner from Europe in 2007, auction staff noted.
On the same day it was reported that Jean-Michel Basquiat’s painting “In this case” was sold at Christie’s auction for $93 million. the winning bid was made by phone, it was $81 million. taking into account all additional payments, the collector must pay $93.105 million.
Banksy is the pseudonym of an English underground street art artist who is also a political activist and filmmaker. He has no copyrights to his work. Twenty-five of his works are on display at the Rosenhang Museum in Weilburg, Germany. Among the covers at the museum, in particular, is a pop-art portrait of Kate Moss for the Dirty Funker project.