Art & Photography / NewsArt & Photography / NewsBanksy’s painting of MPs smashes estimates, selling for nearly £10 million‘Devolved Parliament’ sold in a 13-minute Sotheby’s auctionShareLink copied ✔️October 5, 2019October 5, 2019Text Thom Waite Last month, it was announced that Banksy’s “Devolved Parliament”, a 13-foot long painting depicting MPs as chimpanzees, was going up for auction. At the time, the high estimate of £2 million caused a stir, but after a 13-minute auction on Thursday, it sold for almost five times that price. In the end, the gavel came down at just under £9.9 million. Sotheby’s reported applause in a subsequent tweet. #AuctionUpdate Monkey Business 🐒🍌: #Banksy’s monumental painting of the House of Commons overrun with parliamentary primates sells to applause at £9,879,500 - 9 times its previous record - after a 13 minute bidding battle. pic.twitter.com/5LPR5BlgCH— Sotheby's (@Sothebys) October 3, 2019 “Record price for a Banksy painting set at auction tonight,” the artist posted in the caption to an Instagram post quoting art critic Robert Hughes on the negative effects of art as capital. “Shame I didn’t still own it.” The big question is: why did the artwork exceed estimates by so much? Well, it’s undeniable that Banksy’s been particularly active in the last couple of years, making a stab-proof vest for Stormzy, an art stall/protest at Venice Biennale, and infamously shredding an artwork after it sold for over £1 million. Of course, there’s also the fact that this specific painting is unfortunately very timely, although it was finished and exhibited in 2009. After months upon months of Brexit deadlock and disastrous leadership decisions, it’s not difficult to envision our country’s leaders as chimps (although, tbh, the chimps look a fair bit more civilised). Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy Expand your creative community and connect with 15,000 creatives from around the world.TrendingIs this the most corrupt World Cup ever?From Donald Trump’s alleged meddling to theories of a pro-Argentina conspiracy, accusations of foul play are taking over the 2026 World CupLife & CultureLife & CultureWhy the smartest person you know is watching Love IslandPull&BearFashionSongs Worth Reading: Sophia Stel and PULL&BEAR find dark academia in ParisMusicWhy everyone hates the FIFA World Cup halftime showBeauty10 of the hottest Instagram accounts fusing art, sex and erotica BurberryFashionWatch: Felicia Pennant and TJ Sawyerr talk football's future with BurberryBeauty‘I trust my own body’: The rise of the unquantified self Life & CultureCan you actually live an analogue life in 2026?MusicPhotos of Europe’s forgotten free party generation Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy