The buyer of the iconic Banksy painting that shredded itself only moments after selling for $1.1 million, has confirmed that she will go through with the sale.
A print of the iconic “Girl with Balloon” painting from 2006 went up for auction at Sotheby’s in London last Friday, but within moments of the record breaking bid being announced at around 9PM, an alarm was immediately triggered within the frame, before the painting was shredded into ribbons that hung from the bottom.
In the aftermath of the incident, the artist shared a now-deleted behind-the-scenes video revealing how he installed a shredder into a picture frame. Sotheby’s were also forced to deny their involvement, however, it’s now been confirmed that the buyer is a female European collector, who still intends to go through with the sale.
The new-look work has also been given a new title, Love Is In The Bin, and granted a certificate of authenticity by Pest Control, Banksy’s authentication team.
The anonymous woman said, “When the hammer came down last week and the work was shredded, I was at first shocked, but gradually I began to realize that I would end up with my own piece of art history.”
Sotheby’s Alex Branczik added, “Banksy didn’t destroy an artwork in the auction, he created one.”
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The Banksy painting that self-destructed after being sold for $1.1 million has reportedly doubled in value after the controversial stunt.
A print of the iconic ‘Girl with Balloon’ painting went up for sale at Sotheby’s Auction House in London in Friday evening. Within moments of the record breaking bid being announced at around 9PM , an alarm was immediately triggered within the frame, before the painting was shredded into ribbons that hung from the bottom.
Despite going through the shredder, art experts believe that Banksy may have actually increased the value of the iconic work.
The 2006 painting, which shows s a girl reaching out to a red heart-shaped balloon, is widely viewed as one of Banksy’s most iconic images. It was initially valued at around $300,000 but eventually sold for $1.5M.
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Beyond The Streets Art Collective is curating an exhibit with the Beastie Boys for their forthcoming 600-page memoir entitled The Beastie Boys Book: Live And Direct.
The six-date, four-city book tour, which is scheduled to begin later this month in NYC, will have events featuring readings, Q&A sessions with Mike D, Ad Rock, a guest moderator and a live score from DJ Mix Master Mike. This project is part of an ongoing collabo with Beyond The Streets and adidas skateboarding.
The traveling exhibit will feature memorabilia from the trio’s unforgettable career, giving visitors a deeper look into their four decade legacy as one of Hip Hop’s most groundbreaking acts.
The Beastie Boys Book: Live & Direct Tour kicks off with a pair New York City stops beginning in Manhattan on October 29 at Town Hall and then moving to Brooklyn’s Kings Theatre on October 30. Mike D and Ad-Rock then head out to the West Coast for appearances at Los Angeles’s Montalban Theatre on November 3 and 4 and at San Francisco’s City Arts & Lectures at Nourse Theater on November 5. The brief run will culminate on November 30 in London, England at EartH.
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