Truck painted by Banksy hitting the auction block at Goodwood Revival
A 17-ton truck, covered in graffiti by British street artist Banksy, will be offered this September as part of Bonhams's "Goodwood Revival" car auction.
The vehicle, entitled Turbo Zone Truck (Laugh Now But One Day We'll Be in Charge), is an early artwork by Banksy dating back to 2000.
At the time, the anonymous graffiti artist was still very much under the art world's radar, with his fame soaring after his breakthrough solo exhibition Barely Legal in 2006.
The truck, which is painted in its entirety by Banksy, is estimated to fetch between £1m and £1.5m (about R19.7m and R30.3m).
While at a New Year's party in Spain, Banksy was presented with the Volvo FL6 by Mojo, the co-founder of Turbozone International Circus. He started working on the truck during the party and continued to cover it with graffiti for the following two weeks.
The vehicle features several motifs that would later become Banksy's trademarks, including flying monkeys and the sentence: "Laugh now but one day we'll be in charge."
It also depicts a silhouette of a male figure with a Mohican haircut smashing a TV with a hammer. On the reverse side of the truck, a group of soldiers is seen running away from a cannon with the word "charge" written over their heads.
"The composition bears all the hallmarks of this peerless agent provocateur. Bonhams is thrilled to have the opportunity to continue offering the best of his work at auction as we have done consistently for well over a decade," Ralph Taylor, who is Bonhams' global head of post-war & contemporary art, said in a statement.
Banksy's Turbo Zone Truck (Laugh Now But One Day We'll Be in Charge) will hit the auction block on September 14 on the Goodwood estate in West Sussex. The work will be accompanied by a certificate of authenticity from Banksy's handling office Pest Control.
This month, the street artist will also be honored in two online sales held simultaneously by Sotheby's and Christie's.
On September 6, Sotheby's will open its "Banksy/Online" two-week auction, which will feature a number of Banksy's most sought-after prints. Among them are a presumably un-shredded edition of Girl with Balloon and Welcome to Hell.
Meanwhile, Christie's will launch its own auction, cheekily entitled "Banksy: I can't believe you Morons actually buy this sh*t," on September 11. Highlights of the sale include a signed version of Choose Your Weapon and Stop and Search.