Banksy’s ‘Devolved Parliament’ oil painting, which swaps MPs for Chimpanzees in the House of Commons, sold at auction for almost £9.9m on Thursday October 3.

Stretching nearly 4m (13ft wide), the art was created by the artist 10 years ago, for the Banksy takeover of Bristol museum in 2009.

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After a heated 13-minute bidding-battle, the painting sold for nearly five times its £2m estimate at Sotheby’s, London.

This is largely due to its cultural relevance and close link to the Brexit debate that has been ongoing for the past few years.

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Banksy appeared to question the price of the painting by posting a quote from Robert Hughes on his Instagram account: "Instead of being the common property of humankind the way a book is, art becomes the particular property of someone who can afford it."

The auction came a year after the shocking stunt at Sotheby’s where Banksy’s ‘Girl With Balloon’ graffiti mural was intentionally shredded by the artist, moments after selling for more than £1m.

Harry Franklin is a freelance writer, follow him on Twitter

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