Banksy has now become a household name, and that his work achieves strong prices at major auctions is no longer a curiosity or exception. When Sotheby’s announced that a final lot of their Contemporary Art Evening Auction on the Friday night of 2018 Frieze week in London would be a previously unseen version of Banksy’s arguably most iconic image, Girl With Balloon, the art world was ready for another exceptional result. The painting on canvas was presented in an exceptionally thick and ornate frame, and sold for 1,042,000 GBP (1,357,726 USD including premiums) which matched the artist’s previous auction record from 2008. The real sensation, however, came moments after.
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