![]() ![]() "Banksy didn't destroy an artwork in the auction, he created one," said Alex Branczik, Sotheby's Head of Contemporary Art, Europe.Įach evening at 1830 UTC, DW's editors send out a selection of the day's hard news and quality feature journalism. The auction house said the buyer, who was identified only as "a female European collector and a long-standing client," decided to continue with the purchase at the original price.Īnd, far from losing value, many art experts said they believed it would fetch a higher price after the shredding than before. Read more: 'The Art of Banksy': a commercial exhibition There was speculation about how Banksy had carried out the stunt, and whether it was shredded as a protest against the work being auctioned. The Bristol-based artist is known best for ironic outdoor graffiti, often with a political theme. Read more: Banksy's hotel with 'the world's worst view' opens in Bethlehem "In rehearsals it worked every time." explained a caption in the new video, titled "Shredding the Girl and Balloon - The Director's Cut." The latest footage published by Banksy shows a rehearsal of the stunt that ended with the artwork being completely sliced up. The piece (featuring a young boy holding a doll figure of a nurse over a toy basket containing Batman and Spiderman dolls) "set a new #WorldAuctionRecord for the artist," Christie's tweeted at the time, becoming Banksy's most expensive work sold at an auction to date.Soon after the auction, Banksy had posted a video that showed how he secretly built a shredder into the large gilt frame surrounding the picture. All proceeds from the sale were reported to have gone to the country's National Health Service and health charities. ![]() Selling price: Around $23 million ( £16,758,000)īanksy's painting honoring Britain's healthcare workers during the pandemic was sold in March this year at the Christie's auction house in London. Here are five of the artist's other most expensive paintings sold at an auction: 'Game Changer' The original "Girl with Balloon" painting back in 2018 was sold for $1.4 million (£1,042,000) before it was shredded. ![]() While some speculated that Banksy's stunt was done in collaboration with Sotheby's, the artist's former gallerist Steve Lazarides said at the time: "I worked for him for 12 years, the idea of him colluding with an institution to pull off a stunt is the complete antithesis to his philosophy."Ī post shared by Banksy How Much Is Banksy's 'Love is in the Bin' Worth?Īccording to Sotheby's, the latest Banksy artwork for sale has an estimated selling price between $5,467,432 and $8,201,148 (£4 million and £6 million). The artist shared a video titled "Shred the Love, the director's cut," which showed the frame being built and also implied the artist may have originally intended to destroy the entire painting.Ī note in the video read: "In rehearsals it worked every time," before the video showed the piece being shredded entirely. The BBC reported at the time that Banksy had uploaded a video of the shredding of the painting to his Instagram account before soon deleting the post. Sothey's said the incident marked the first time a piece of live performance art was sold at an auction. Banksy Goes Undercover as London Underground Cleaner for Latest Project. ![]() This Banksy Piece Sold at $10M, Don't Tell This Man Who Stole his Graffiti.Mystery Behind Banksy's Missing Bike Mural Solved. ![]()
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