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UK News Ironically, a work by Banksy on consumerism soon to be auctioned

16:05  21 september  2020
16:05  21 september  2020 Source:   ouest-france.fr

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© Courtesy of Banksy Banksy's "Show Me the Monet" is estimated at between 3 and 5 million pounds (approximately 3.9 and 6.5 million dollars) during Sotheby's "Modernités / Contemporary" sale.

Banksy and Monet, here is an association that is likely to arouse the interest of art collectors around the world. Sotheby's will offer "Show Me the Monet" by the British street artist during its "Modernités / Contemporary" sale, which will be broadcast live on October 21 from Paris and London. A canvas on the excesses of consumerism which, ironically, risks being torn off for several million pounds.

"Show Me the Monet" is taken from a 2005 oil painting series titled "Crude Oils" in which Banksy reinterprets some of the best-known works of Van Gogh, Edward Hopper and Andy Warhol.

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The star of street-artists was freely inspired by "Le Bassin aux nymphéas, harmonie verte" by the French impressionist painter Claude Monet for "Show Me the Monet", where he incorporates supermarket trolleys and a traffic cone into the peaceful Giverny pond.

"Many of Banksy's flagship works have been offered for auction in recent years, but only a few canvases as striking and iconic as this one have already been offered for sale", underlined an official of the Sotheby's auction house, Alex Branczik.

"Show Me the Monet", whose title is a play on words between the name of the impressionist painter and "money" (money in English), could reach between 3 and 5 million pounds (approximately 3.9 and 6.5 million dollars) during the "Modernités / Contemporary" sale.

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The auctions could quickly fly off as is customary for Banksy's works. "Devolved Parliament" had snapped up for 9.9 million pounds ($ 12.1 million) last October at Sotheby's, nearly five times its initial estimate.

The end of Banksy's anonymity?

The sale of "Show Me the Monet" could also benefit from the craze around Banksy sparked by a recent judgment by the European Union Intellectual Property Office (EUIPO).

The British artist has just lost the registered trademark of his graffiti "The Flower Thrower", because the European authorities have considered that his anonymity means that he can not be formally identified as the author.

"The problem posed by Banksy's rights to the work 'The Flower Thrower' is clear: protecting his intellectual property rights would require him to lose his anonymity, which would harm his character," said the text of EUIPO, published Thursday, September 17. Therefore, "he can not be identified as the undisputed owner of such works."

A decision that prompts many scholars to wonder if Banksy will be forced to drop the mask , after more than 15 years of anonymity, to preserve his work.

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This is interesting!