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Stolen Banksy Mural Sold $1.1 Million

Published by on 6/06/13

Banksy‘s Slave Labour (2012) was controversial enough before it disappeared from the streets of London! Marking the Queen’s Diamond Jubilee it depicted a young boy making Union Jack bunting with a sewing machine.

I’m sure you’re familiar with the added controversy surrounding Banky’s Slave Labour mural a few months ago…

But if you’re not, the mural was removed from the side of a Poundland store on London’s Turnpike Lane and put up for auction in America. It was unclear who had taken it and who was selling it, the local council got involved and the mural was withdrawn from the auction.

With an estimated value of $500,000 – $700,000, I have just found out, that the mural has in fact been sold at private auction via The Sincura Group for the price of $1.1 million (US Dollars) by Wood Green Investments, the owners of the building it was originally removed from!

The last bit of mystery surrounding all of this is that Banksy’s Pest Control – The main point of contact and sale of his artwork – has not actually confirmed the legitimacy of Slave Labour, possibly due to the removal of a public piece for a private sale?

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