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Model stable created by Banksy expected to sell for over $1 million

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By Ben Turner via SWNS

An artwork left by Banksy at a model village left struggling after the pandemic is set to create a £1 million ($1.3 million) windfall for its owners at auction today.

The model stable first appeared at the seaside resort attraction last summer and was dubbed a "life-saver" by business owners Frank and Frances Newsome.

A Banksy model stable that first appeared in Lowestoft, Suffolk is expected to sell for over £1million as it goes on auction today in Newcastle. (Anderson & Garland via SWNS)

Experts say the tiny thatched barn could fetch seven figures at Anderson & Garland Auctioneers in Newcastle today.

The small stable was created at Merrivale Model Village in Great Yarmouth, Norfolk, England on August 6.

It was part of Banksy's Great British Spraycation - a series of 10 works that the mysterious artist produced along the East Anglia coast.

The piece features a rodent and the words "Go Big Or Go Home” scrawled on the side.

Banksy confirmed the artwork was his in an Instagram video and it was then secured in a perspex case, with additional security staff employed.

Frances Newsome, 60, said ahead of the sale: "The Banksy has been a life-saver for us as we’ve had to close so much due to the pandemic.

“We hope the sale will safeguard the future of the village.”

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