A member of staff poses in front of a work of art by Banksy entitled 'Show Me The Monet" at Sotheby's auction house in London, Friday, Oct. 16, 2020. Banksy’s “Show Me the Monet” playful take on a famous Impressionist painting has sold to an unidentified bidder at auction on Wednesday evening Oct. 21, 2020, for 7.6 million pounds (US dollars 9.8 million). (AP Photo/Alastair Grant)
Banksy’s playful take on a famous Impressionist painting has sold at auction for 7.6 million pounds ($9.8 million), the second-highest price ever paid for a work by the British street artist.
“Show Me the Monet” sold to an unidentified bidder at Sotheby’s in London on Wednesday evening, surpassing its upper pre-sale estimate of 5 million pounds.
In the 2005 work, Banksy added abandoned shopping carts and an orange traffic cone to Claude Monet’s image of water lilies in his garden at Giverny.
Alex Branczik, Sotheby’s European head of contemporary art, said the work was one of the “strongest and most iconic” Banksy works to appear at auction.
Banksy, whose real name has never been officially confirmed, began his career spray-painting buildings in Bristol, England, and has become one of the world’s best-known artists.
Another Banksy work, “Devolved Parliament,” sold last year at Sotheby’s in London for 9.9 million pounds. Earlier this month, his graffiti-style piece “Forgive Us Our Trespassing” sold for $8.3 million at Sotheby’s in Hong Kong.
Adult-use cannabis sales kicked off in Nevada in 2017, but four years later, there isn’t a legal way for the 40 million tourists who visit the state annually to consume. That’s all about to change. Following the passage in June of a bill to legalize consumption lounges, the world’s largest dispensary, Planet 13, is planning a cannabis club as extravagant as Las Vegas. Cheddar’s Chloe Aiello visited the cannabis entertainment complex to find out more.
Guerdy Abraira, Global Event Planner and 'The Real Housewives of Miami' cast member joins Cheddar News to discuss the latest season as well as making the most out of your NYE celebrations.
David Ewalt, Editor-in-Chief at Gizmodo joins Cheddar News to discuss a TikTok moderator suing the platform over mental trauma caused by graphic videos
The pandemic has supercharged the creator economy, and there are no signs of it slowing down no matter when the pandemic officially ends. Creators prove to be a key factor in driving purchasing decisions and retail sales, and an increasing amount of platforms are taking advantage of the social influence. Karissa Bell, senior editor at Engadget, joins cheddar news to discuss the creator economy boom.
The E-V maker Tesla has had a wild year. The company managed to continue to dominate the U.S. electric vehicle space despite growing competition and production delays. As the end comes to an end, Tesla finds itself growing richer and richer. Author of Risk Ritual Newsletter Richard Smith, joined Cheddar to discuss more.
Venture capitalists and CEOs are clashing over the future of the internet. Web3 is the tech world's name for a decentralized, blockchain-based internet that runs on cryptocurrency. It was recently the topic of a tweet from Block CEO and former Twitter CEO Jack Dorsey who wrote that Web3 will not actually be owned by users, and instead be controlled by rich venture capitalists. Dorsey later shared that he was blocked on Twitter by Marc Andreesen, co-founder of VC firm Andreesen Horowitz, which has invested billions of dollars into Web3 and crypto projects. Correspondent for DealBook from the New York Times, Ephrat Livni, joins Cheddar News' Closing Bell to discuss what this could mean for the future of Web3.
