Auction Halted Of Banksy Mural Removed In London
Last week we told you about the uproar surrounding the auction of a piece of art by mysterious graffiti artist Banksy that disappeared from its home on a wall in north London.
The Associated Press is now reporting that Fine Art Auctions Miami, the U.S.-based auction house that was due to sell the work on Saturday, announced that the item was withdrawn from sale. The artwork was expected to fetch between $500,000 and $700,000.
Eyder wrote about the controversy surrounding the sale. Here's what he said:
"The controversy began earlier this month, when residents of a north London borough noticed that a piece of art by mysterious graffiti artist Banksy had disappeared.
"It looked like the part of the wall that housed the stenciled work depicting a boy sewing Union Jacks had been sliced, the work removed and the wall repaired with fresh plaster."