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Banksy Artwork Goes Missing; Ends Up at Auction

Fine Art Auctions of Miami has refused to reveal how it obtained a work from renowned street artist Banksy. The stenciled imaged of a young boy stitching a Union Jack flag with an aging sewing machine appeared on the side of a London building in the days before Queen Elizabeth II’s Diamond Jubilee celebration and has since become a local landmark. Last week, the image vanished from the side of the wall it was painted on, leaving just broken concrete in its stead. Now the work from the reclusive artist is expected to fetch as much as $700,000 when it is sold at auction this weekend. Though the Fine Art Auctions of Miami say the painting was legally obtained and that it had “done all the necessary due diligence about the ownership of the work,” officials in London are trying to pressure the auction house into returning it …

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