Banksy statue titled, ‘The Drinker’ is predicted to fetch the highest price at a Sotheby's auction on Tuesday, November 19. The work, described by the auction house as his "most ambitious sculptural endeavors to date," has been embroiled in an ongoing feud that has no doubt contributed to its massive estimated sale price.

‘The Drinker,’ a nod to Rodin's 'The Thinker' was first erected in 2004 in a small square in London. As with most of Banksy's work, it went up without planning permission.

It was from here that the statue was "kidnapped" by Art Kieda leader, Andy Link (aka AK47). According to Sotheby's, the work was retrieved two years later from Link's lockup "in an anonymous heist which left AK47 with nothing but the abandoned traffic cone from atop The Drinker’s head."

The statue is now listed for auction with an estimated sale price of £750,000 to £1m (approximately $1.29 million), making it the most expensive item in the sale.

According to Guardian reports, Link is claiming ownership of the work. AK47 argued that the statue was technically abandoned and that he had registered it with police. Furthermore, Banksy hadn't asked it back. “I did the right thing, and reported it to the police,” he said, “I do not understand how Sotheby's can sell this when I have such proof.”

What To Read Next

*If you submitted your e-mail address and placed an order, we may use your e-mail address to inform you regularly about similar products without prior explicit consent. You can object to the use of your e-mail address for this purpose at any time without incurring any costs other than the transmission costs according to the basic tariffs. Each newsletter contains an unsubscribe link. Alternatively, you can object to receiving the newsletter at any time by sending an e-mail to info@highsnobiety.com

Web Accessibility Statement

Titelmedia (Highsnobiety), is committed to facilitating and improving the accessibility and usability of its Website, www.highsnobiety.com. Titelmedia strives to ensure that its Website services and content are accessible to persons with disabilities including users of screen reader technology. To accomplish this, Titelmedia has engaged UsableNet Inc, a leading web accessibility consultant to help test, remediate and maintain our Website in-line with the Web Content Accessibility Guidelines (WCAG), which also bring the Website into conformance with the Americans with Disabilities Act of 1990.

Disclaimer

Please be aware that our efforts to maintain accessibility and usability are ongoing. While we strive to make the Website as accessible as possible some issues can be encountered by different assistive technology as the range of assistive technology is wide and varied.

Contact Us

If, at any time, you have specific questions or concerns about the accessibility of any particular webpage on this Website, please contact us at accessibility@highsnobiety.com, +49 (0)30 235 908 500. If you do encounter an accessibility issue, please be sure to specify the web page and nature of the issue in your email and/or phone call, and we will make all reasonable efforts to make that page or the information contained therein accessible for you.