Category Archives: banksy

Buyer Of Self-Destructing BANKSY Painting Will Go Through With Million Dollar Sale

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.”

The post Buyer Of Self-Destructing BANKSY Painting Will Go Through With Million Dollar Sale appeared first on The Source.

BANKSY Self-Shredding Painting Doubles In Value After Selling For $1.1 Million

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.

The post BANKSY Self-Shredding Painting Doubles In Value After Selling For $1.1 Million appeared first on The Source.