'Banksy' work expected to fetch a fortune at US auction

A mural, believed to be the work of graffiti artist Banksy, that was removed from a wall in North London in mysterious circumstances could reach more than £450,000 when it is auctioned in Miami tonight.

The work, believed to be by Banksy, which appeared in North London last year.

The work, which shows a young boy hunched over a sewing machine making Union Jack bunting, appeared on the wall in Wood Green last May, just before the Diamond Jubilee celebrations.

But the mural by arguably the world's most famous graffiti artist disappeared last weekend and is now being sold thousands of miles away in Miami, despite pleas from people back in Wood Green upset by its disappearance.

Yesterday a new work appeared at the site, in Banksy style, showing a rat holding a card with the word 'why?' written on it.

Read: Missing Banksy mural turns up at US auction

'New Banksy' appears at site of 'stolen' mural

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Saved Banksy mural up for sale

A Banksy mural which was withdrawn at the last minute from a controversial auction in Miami earlier this year is set to go under the hammer in London next month, to the dismay of local campaigners.