Press

JULIEN'S AUCTIONS “BRACE YOURSELF FOR BANKSY: MODERN AND CONTEMPORARY ART AUCTION” RESULTS ANNOUNCED

Banksy’s “Brace Yourself!” Painting Sold for $2,032,000 Three Times Its Original Estimate to Miguel Garcia Larios, Owner of RCNSTRCT Studio in Los Angeles

January 4, 2024

For Immediate Release

Julien’s Auctions “BRACE YOURSELF FOR BANKSY: MODERN AND CONTEMPORARY ART AUCTION” RESULTS ANNOUNCED

Banksy’s “Brace Yourself!” Painting Sold for $2,032,000 Three Times Its Original Estimate to Miguel Garcia Larios, Owner of RCNSTRCT Studio in Los Angeles

The First Public Auction Held of Banksy’s Rare and Original Grim Reaper Painting with a Portion of the Proceeds will Benefit MusiCares®

Banksy’s “Girl with a Balloon” Limited Edition Print Sold for $195,000

An Impressionist School Antique Landscape Painting by An Unknown Artist Sold for an Astounding $117,000, Nearly 400 Times

Its Original Estimate

Works by Invader, David Yarrow, Bob Ross, Dave Navarro and Billy Morrison Sold Over Original Estimates

Beverly Hills, California – (March 30th, 2023) Julien's Auctions held on Wednesday, March 29th its headline making auction event “BRACE YOURSELF FOR BANKSY: MODERN AND CONTEMPORARY ART,”featuring over seventy original artworks from the likes of Banksy, Bob Ross, Colette Miller, Invader, Dave Navarro and Billy Morrison, Jim Carrey, David Yarrow, and more in front of a live audience at Julien’s Auctions in Beverly Hills including a musical performance by the British band “Brace Yourself!,” along with hundreds of bidders and collectors from around the world participating online at julienslive.com.

The top selling item was a large-scale painting of a grim reaper figure riding in a carnival bumper car titled “Brace Yourself!” by the legendary artist Banksy, which sold for a staggering $2,032,000, over three times its original estimate of $600,000 in its first public auction. The winning bidder was Miguel Garcia Larios, owner of RCNSTRCT Studio in Hollywood, California (photo left pictured in middle with cap in front of Banksy’s painting and band Brace Yourself!). Banksy created the artwork in 2010 for a local British band known as "Exit Through the Gift Shop," who coincidentally shared the same name Banksy wanted to use for his about to be released 2010 directorial debut film. To avoid any copyright issues, the band agreed to Banksy’s offer to create a unique painting for the group if they were to change their name to “Brace Yourself!” According to the original email correspondence, Banksy humorously offered to paint a smiley face on Death if the band felt the imagery was too dark.

In celebration of this historic occasion, the “Brace Yourself!” band members Natalie Zalewska (singer), Mark Atkinson, Darren Moore and Kevin Wilson (guitarists) and drummer Simon Duncan performed live on-stage last evening at the Julien’s Auctions gallery in Beverly Hills prior to the sale of the Banksy painting and the painting was exhibited recently at Hard Rock Cafe Piccadilly Circus in London. A portion of the proceeds from the sale of the Banksy painting will benefit MusiCares®, the leading music charity. MusiCares provides the music community with a support system of health and human services across a spectrum of needs including physical and mental health, addiction recovery, unforeseen personal emergencies and disaster relief.

Another Banksy made an exciting appearance at the evening auction: an original print of Banksy’s “Girl with Balloon” artwork sold for $195,000. Balloon Girl (or Girl with Balloon) is considered Banksy's best-known and beloved artwork, having been produced in various forms by the artist since 2002. An aerosol example was famously sold at Sotheby's in 2018 for over a million dollars and was immediately shredded by a hidden mechanism Banksy had concealed within the picture frame - the shredded remains were subsequently sold for over $25 million dollars a few years later (photo right: auctioneer Kody Frederick at Julien’s Auctions in Beverly Hills)

An impressionist school antique landscape painting by an unknown artist bearing a "Paris" stamp on the verso sold for an astounding $117,000, nearly four hundred times its original estimate of $300 was a surprise highlight of the event.

A rare opportunity to become the owner of an original Bob Ross painting titled “Make a Happy Buck” delighted potential bidders, with a final sale price of $11,700, two times its original estimate. The painting was gifted by Ross to his close friend Dana Jester so that Jester could finish it and then sell it. Ross included a handwritten note telling Jester, "Dana, you can finish this one & make a happy buck - Bob."

Other highlights included (with winning bids): Invader’s original “WN-25” Vienna mosaic artwork ($13,000), David Yarrow’s “Compton Cowboys” photograph ($19,500) and Dave Navarro and Billy Morrison’s “Bristol Limousine” bumper car artwork ($11,700).

Photos from the auction and artwork can be downloaded here for media use (credit: Julien’s Auctions).

ABOUT JULIEN'S AUCTIONS

Julien's Auctions is the world record-breaking auction house to the stars. Collaborating with the famous and the exclusive, Julien's Auctions produces high profile auctions in the film, music, sports and art markets. Julien's Auctions has received international recognition for its unique and innovative auction events, which attract thousands of collectors, investors, fans and enthusiasts from around the world. Julien's Auctions specializes in sales of iconic artifacts and notable collections including Marilyn Monroe, John Lennon, Ringo Starr, Lady Gaga, Banksy, Cher, Michael Jackson, U2, Barbra Streisand, Les Paul, Neil Young, Elvis Presley, Frank Sinatra, Jimi Hendrix and many more. In 2016, Julien's Auctions received its second placement in the Guinness Book of World Records for the sale of the world's most expensive dress ever sold at auction, The Marilyn Monroe "Happy Birthday Mr. President" dress which sold for $4.8 million. Julien's Auctions achieved placement in the Guinness Book of World Records in 2009 for the sale of Michael Jackson's white glove, which sold for $480,000 making it the most expensive glove ever sold at auction and two years later, sold Michael Jackson’s jacket from “Thriller” for $1.8 million. In 2020, Julien's Auctions received its third Guinness Book of World Record placement for the sale of Kurt Cobain's "MTV Unplugged" 1959 Martin D-18E acoustic-electric guitar, which sold for $6 million making it the world's most expensive guitar ever sold at auction. In 2022, Julien’s Auctions sold the world’s second most expensive guitar ever sold at auction in the sale of Kurt Cobain’s “Smells Like Teen Spirit” music video 1969 Fender Mustang electric guitar, which sold for $4.5 million. Based in Beverly Hills, Julien's Auctions has a global presence bringing their auctions and exhibitions to targeted destinations worldwide including London, New York, Las Vegas, Japan and China. Live auctions are presented for bidders on-site and online via live streaming video and mobile technology. For more information on Julien's Auctions, go to www.juliensauctions.com. Connect with Julien's Auctions at www.facebook.com/JuliensAuctions or www.twitter.com/JuliensAuctions or www.instagram.com/juliens_auctions

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