Self-destructing art piece created by Banksy sells for new record.
sold Thursday for a new record for the mysterious British street artist, according to Sotheby’s auction house.
“Love is in the Bin” originally sold at auction in 2018 for about $1.4 million at Sotheby’s London in a viral stunt. The bottom half of the canvas of"Girl With Balloon,” arguably Banksy’s best known work, began to shred as soon as the gavel hit, sealing the original sale.— or $5.54 million — $8.31 million.
The partially shredded piece was placed for auction Thursday, where it sold for £18,582,000, or more than $25.4 million,. Thursday’s sale broke Banksy’s own record from March when their painting showing a boy playing with a toy nurse as a superhero sold for more than $20 million. Banksy, the street artist whose real identity remains shrouded in secrecy, posted a video to Instagram that said they put a shredder inside the frame years ago, with a caption that read,"The urge to destroy is also a creative urge." The quote was attributed by Banksy to Picasso, but was actually said by Mikhail Bakunin, a 19th-century Russian who was a leading theorist of anarchism.
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Shredded Banksy artwork sells for $25.4 million at auctionA work by British street artist Banksy that sensationally self-shredded just after it sold for $1.4 million has sold again for $25.4 million at an auction on Thursday
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