Tag Archives: Frederic Thut

London: Banksy robbers – Mural hacked off wall set to sell for £450k

A BANKSY painting is set to fetch up to £450,000 after it was mysteriously hacked off a shop wall and put on a US auction website.

Banksy Slave Labour (Bunting Boy) was stolen at night last week.

The mural — which shows a young boy hunched over a sewing machine making Union Jack bunting — then appeared on the US-based Fine Art Auctions Miami site.

The “unique street work”, which had been stencilled on to Poundland in Wood Green, North London, last year, is up for £250,000 but is expected to sell for nearly double that.

It’s seen as a dig at sweatshops which made cheap Jubilee decorations.

Website owner Frederic Thut said it was being sold by a “well-known collector” but wouldn’t name the person.

He told The Sun he was offered it along with Banksy’s Wet Dog Bethlehem 2007, adding: “The collector signed a contract saying everything was above board.

“If he has lied to us it is important to know. But I don’t think he lies to us.”

Frederic said the collector is not British and that the piece is in storage in Europe.

 http://www.thesun.co.uk/