An oil painting that has been altered by Banksy has sold for $615,000.
The Bristol-based artist painted a Nazi figure on to an oil painting he bought from a New York charity shop.
After changing the canvas, he handed it back to the shop, where was auctioned.
Banksy called the work The banality of the banality of evil.
It depicts a Nazi officer looking out onto a lake.
Elusive graffiti artist Banksy has revealed his latest installation in the form of a video, as he continues to evade New York authorities. The 30 second clip shows ants on a mound, filmed in Staten Island, but could be seen as too inappropriate to display.
The mysterious Banksy is calling his month in New York his "Better Out Than In" residency.
Among his works so far: the image of a Ronald McDonald statue getting his red clown shoe shined, which appeared in the Bronx on Tuesday, and a livestock truck adorned with children's stuffed farm animal toys - a mobile installation Banksy calls "Sirens of the Lambs."
A new owner of an original Banksy artwork has said she has no idea what to do with the piece, according to the New York Magazine.
Cara Tabachnick, who owns the East Williamsburg building that Banksy graced with his work on Thursday asks: "Should we preserve it immediately? Do we have a public duty to do so? How does one preserve a piece of art like this? How do we control the crowds?"
So far she and her family have hired security guards to protect the piece from defacement overnight, and she is working with lawyers to try and figure out what to do next.
British graffiti artist Banksy has unveiled his latest artwork as New York police continue to track him down for "defacing" public property.Read the full story ›
Large crowds have gathered in New York to catch a glimpse of Banksy's latest exhibition in the city, which features two new paintings.
Despite the New York Police Department's investigation into Banksy's real identity - so they can arrest him for defacing public property - the British graffiti artist has unveiled his latest work in West 24th Street.
Crowds have gather to see Banksy's latest exhibition, displayed in West 24th Street, which includes two paintings, a security guard and even a water cooler filled with "cheap wine," as described in the accompanying audio guide.
US police are continuing to investigate the identity of mysterious British graffiti artist Banksy in New York.
He is being tracked across the city by the New York Police Department (NYPD) over his "defacing" drawings.
Earlier today Banksy released his latest artwork during his six-month residency in the city.
ITV News Washington Correspondent Robert Moore reports from New York:
The mysterious British graffiti artist Banksy has unveiled his latest artwork during his six-month residency in New York.
The exhibition, displayed in West 24th Street, includes two paintings, a security guard and even a water cooler filled with "cheap wine," as described in the accompanying audio guide.
On Banksy's website, the description of the exhibition reads: "Are you the sort of person who enjoys going to art galleries, but wished they had more gravel in them?
"Then this temporary exhibition space is for you. Housing just two paintings but also featuring a bench, some carpet and complimentary refreshments. Opens today through Sunday 11am til midnight."
It has been reported that US police are investigating Banksy's real identity - so they can arrest the graffiti artist for defacing public property.
Banksy's newest creation sparked an altercation in Williamsburg on Thursday when a man sprayed over the work with his own tag.
As crowds gathered to admire the painting, named Bed Stuy, a man emerged with a spray can and defaced the silhouette, prompting an angry response from bystanders.
Crowds tried to pull the man away and detain him until police arrived but he managed to escape.
it has been suggested that the artwork, which depicts two women in kimonos, was inspired by artist Kara Walker.
Banksy has slammed "mega-corporation" McDonald's with a life-size sculpture of its famous Ronald McDonald mascot, shown having his giant shoes shined by a downtrodden boy.
Unveiled in the South Bronx on Day 16 of the British artist's month-long New York residency, the sculpture will be placed outside a different McDonalds every lunchtime for a week. It is accompanied by a young man who sits and shines the sculpture's shoes.
An audio guide on Banksy's website explains the inspiration for the work:
"Ronald was adopted as the official mascot of the McDonald's fast food corporation chain in 1966. Fibreglass versions of his likeness have been installed outside restaurants ever since, thus making Ronald arguably the most sculpted figure in history after Christ."