Trailer home-turned-Banksy canvas sells for $546,000

AP News
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Posted: Jun 01, 2015 12:15 PM
Trailer home-turned-Banksy canvas sells for $546,000

PARIS (AP) — Auctioneers handling the sale of an unusual early work by the elusive street artist known as Banksy say the spray-painted trailer home has sold for 500,000 euros ($546,000).

Auction house Digard says including fees the total sale price for the 1998 work "Silent Majority" was 620,000 euros.

Digard had hoped to fetch at least $400,000 for the work, which was sold by the trailer's owner, who was living in the trailer when approached by the then-obscure artist at Britain's Glastonbury music festival with a request to paint it.

The work depicts a commando raid to install sound gear for a rave. The owner hopes to build a house with the money from the proceeds, putting it on the same piece of land where the trailer stood for so long.