Blink-182 co-founder Mark Hoppus is setting his sights on the art world, with the musician set to auction off his rare Banksy artwork.
The artwork, titled Crude Oil (Vettriano), was hand-painted by the anonymous English street artist in 2005 and will go under the hammer at Sotheby’s in London on March 4. The painting is valued rather highly, attracting a sales estimate of up to £5 million, or $6.3 million.
Originally created for Banksy’s 2005 exhibit Crude Oils, the painting is itself a recreation of the 1992 artwork The Singing Butler by Scottish artist Jack Vettriano. Hoppus would later acquire the piece in 2011.
As part of the exhibition (which was described as “A Gallery of Re-Mixed Master-Pieces, Vandalism, and Vermin” and featured works based off artists such as Andy Warhol and Edward Hopper), the original was altered to include a “sinking oil liner and two men in hazmat suits wheeling a barrel of toxic waste”.
“We loved this painting since the moment we saw it,” said Hoppus in a statement. “Unmistakably Banksy, but different. We bought it because we loved it. It’s borne witness to our family over these past dozen years. It hung over the table in London where we ate breakfast and our son did his homework. It hung in our living room in Los Angeles. It’s seen laughter and tears and parties and arguments.”
“This isn’t just an iconic Banksy, it is a Banksy that has been treasured by music legend, Mark Hoppus, who fell for this work for its rebellious spirit, raw edge and unfiltered expression—the fundamentals that also shaped Mark’s world: Punk culture,” Sotheby’s Europe chairman Oliver Barker said in a statement.
“Street art and Punk Rock share the same vocabulary—they speak to the outsider, the rebel and the overlooked. Both movements were born from the margins. They challenge authority and rewrite the rules, a fundamental trait shared by Mark and Banksy. Now, by sharing Crude Oil (Vettriano) with the world, Mark will open others’ eyes to the true power art can have; to spark conversation and challenge the way we see the world around us.”
Remaining anonymous over his three decades of activity, Banksy’s artwork has become as iconic as it is divisive, with his creations adorning the walls of art galleries and album covers in equal measure. In 2021, his Love is in the Bin artwork sold for a record £18,582,000 (valued at $23,442,885 today), with the work itself having gained notoriety for its self-destruction upon its initial sale in 2018.
Hoppus says a portion of the funds raised by the sale will go towards charities and funds aiding those affected by the Los Angeles wildfires, including the California Fire Foundation, the Child Life Program at Children’s Hospital Los Angeles, and Cedars Sinai Hematology Oncology Research.
Crude Oil (Vettriano) is currently on display at Sotheby’s in New York until Thursday (Feb. 20), and will then be on display in London from Feb. 26 until March 4.
