Art & PhotographyNewsArt & 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, 2019TextThom 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). Expand your creative community and connect with 15,000 creatives from around the world.READ MORE10 major photography shows you can’t miss in 2026This exhibition uncovers the queer history of Islamic artThis exhibition excavates four decades of Black life in the USBoxing Sisters: These powerful portraits depict Cuba’s teen fightersWhat went down at a special access Dazed Club curator and artist-led tour8 major art exhibitions to catch in 2026This photography exhibition lets Gen Z tell their own storyHere are your 10 favourite photo stories of 202510 hedonistic photo stories from the dance floors of 202510 of the best flesh-baring photo stories from 2025Art shows to leave the house for in January 202610 of the most iconic photography stories from 2025