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Last Updated: Wednesday, 24 October 2007, 19:12 GMT 20:12 UK
Banksy auction exceeds estimates
Banksy's Avon and Somerset Constabulary
Much of the artist's work is seen on walls in streets around the UK

The biggest auction yet of original works by graffiti artist Banksy has exceeded its estimated takings.

The 10 pieces and a print were expected to raise a maximum of 300,000 in total when they were sold in London at auction house Bonhams.

However, the works actually fetched 546,000 altogether.

The piece which generated most money was Avon and Somerset Constabulary, which depicted two policemen looking through binoculars and fetched 96,000.

The next most expensive work, Attack of the Badly Drawn Boy, raised 78,000.

Untitled, Rat and Sword went for the third-highest price of 64,800.

Bonhams said it had been expecting "standing room only" for some items at the sale.

'Vandalism'

The collection under the hammer contained mostly spray-paint stencils, and the works were painted on canvas, board and metal.

As well as the 10 original works, the auction also included Di Faced Tenners, a screen print which consisted of a series of 10 notes where the Queen's head had been replaced by that of Diana, Princess of Wales.

This sold for 24,000.

The final prices include tax and the premiums paid to auction house Bonhams.

Earlier this week, officials in the east London borough of Tower Hamlets said they would be painting over Banksy's murals on walls in their area, becoming the first council to treat them as vandalism.

SEE ALSO
In pictures: Banksy auction
22 Oct 07 |  In Pictures
Banksy works to be painted over
23 Oct 07 |  London
Banksy theory over Glasto murals
29 Jun 07 |  Somerset

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