A mural believed to be the work of famed street artist Banksy which mysteriously disappeared from a shop wall has sold for over $1.1 million at a private auction in London. The stencil, which depicts a child toiling over a textile machine making Union Jack bunting, originally resurfaced in an online auction from an art dealer in Miami, stoking outrage among residents of London's Wood Green neighborhood, where the piece was found on the wall of a Poundland discount store.
At the time, the work was valued between $500,000 - $700,000. However it was unknown whether the building's owners or someone else arranged for the removal, and ongoing controversy caused the auction to stall. The current dealer, London-based Banksy specialist Robin...
via The Verge - All Posts http://www.theverge.com/2013/6/3/4391522/missing-banksy-slave-labor-mural-sold-at-private-auction
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