Banksy pokes fun at record art prices

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An auctioneer is attempting to persuade a packed house to buy a canvas emblazoned with the message: "I Can't Believe You Morons Actually Buy This S**t."

But the guerrilla artist himself was one of the stars of last week's auctions, netting £372,000 from six artworks sold at two Sotheby's auctions.

Bombing Middle England, a spray paint on canvas work, set a record for Banksy at auction, selling for £102,000 last Wednesday. A day later Ballerina With Action Man Parts, a painted resin figure, sold for £96,000.

However it would seem from Banksy's latest work, posted on his website, that he shares the view that silly money is being paid out at art auctions.

Last week Sotheby's raised £186million including more than £5 million from the sale of Peter Doig's White Canoe, while Christie's made £200million, with Francis Bacon's Papal masterpiece, Study For Portrait II, netting them £14 million.