Banksy painting of three prehistoric figures hunting herd of supermarket trolleys is set to fetch £5.2million in auction at Sotheby's in New York

  • Banksy painting Trolley Hunters set to be sold at auction in New York this month
  • The painting has received an initial estimate of between 5-7million US dollars
  • Will go on public view this month for first time in US since its 2006 unveiling
  • Comes after Banksy's 'Love is in the Bin' recently sold for £18.6million at auction

Banksy painting depicting three prehistoric figures hunting a herd of empty supermarket trolleys could sell for more than £5million.

The painted canvas, titled Trolley Hunters, will go under the hammer this month at Sotheby's in New York.

Auctioneers describe the piece as 'a typically powerful, witty and prophetic critique of society's often irrational predilection for processed and packaged products'.

It features three figures from the dawn of mankind preparing to attack not a family of mammoths but trolleys.

The canvas will go on public view this month, for the first time in the US since anonymous street artist Banksy unveiled the work in his Barely Legal show, held in Los Angeles during 2006.

It is being offered with an upper estimate of 7 million US dollars - or the same as £5.2million.

Trolley Hunters will feature in Sotheby's Now evening auction in New York on November 18, a sale of 'cutting-edge' works from the last 20 years. 

It comes after Love Is In The Bin broke Banksy's record when it was sold for £18,582,000 in London by Sotheby's last month - four times its estimated value.

The painting, originally titled Girl With Balloon, hit headlines in 2018 when it partially self-destructed at the conclusion of a previous auction in which it had been sold for £1.1 million.

The unique item, now called 'Love is in the Bin', by the anonymous street artist returned for sale today with a price estimate of up to £6million.

But the artwork blew out all expectations by selling for £18.6million - a new record for a Banksy piece - to a private investor represented by bidder Nick Buckley Wood.

The sale, which saw nine bidders battle for 10 minutes for the work, beats the previous record of £16.75 million set for a Banksy in March. 

Alex Branczik, Sotheby's head of modern and contemporary art, added: 'When Girl with Balloon 'self-destructed' in our saleroom, Banksy sparked a global sensation that has since become a cultural phenomenon.'

'During that memorable night, Banksy did not so much destroy an artwork by shredding it, but instead created one. Today this piece is considered heir to a venerated legacy of anti-establishment art.'   

 

Original Source: https://www.dailymail.co.uk/news/article-10166329/Banksy-painting-set-fetch-5-2million-auction-Sothebys-New-York.html

November 4, 2021