The art world was left stunned when around half of Girl With Balloon, one of the street artist’s most famous stencil drawings, was reduced to ribbons by a shredder built into the frame after the hammer went down at Sotheby’s in London on 5 October.
A video posted on social media by Banksy stated that the device was secretly built into the painting “a few years ago … in case it was ever put up for auction”, while his agent said last week that the artist was unlikely to have cooperated with Sotheby’s, since he would not collude with an institution.
Alex Branczik, Sotheby’s head of contemporary art, Europe, said: “Banksy didn’t destroy an artwork in the auction, he created one.
“Banksy has cleverly nestled himself in the pages of art history,” Sotheby’s said.
The winning bidder for a Banksy painting that self-destructed during an auction last week has decided to go through with the purchase, auctioneer Sotheby's said on Thursday.
The auction house said a female European collector was the successful bidder, agreeing to pay £1.04 million for "Girl With Balloon."
Sotheby's said the painting had now been retitled "Love is in the Bin" and authenticated by Banksy's Pest Control agency.
LONDON — The woman who placed the winning telephone bid at a London auction for Banksy’s painting “Girl With Balloon,” which was partially shredded by remote control moments after it sold for $1.4 million, is continuing with the purchase at the same price, Sotheby’s said in a statement Thursday.
“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,” the buyer, who was identified only as a “European collector and a longstanding client,” commented in the statement.
Joanna Brooks, the director of JBPR, who answers media enquiries for Banksy, said Sotheby’s had requested a new authentication of the piece, which passed halfway through a shredder concealed in the frame.
The Banksy painting that shredded itself has officially been sold for over £1m to a mystery buyer
The buyer of a Banksy painting that was partly shredded at auction has gone ahead with her purchase
The buyer behind the self-destructing Banksy painting plans to keep the shredded artwork
The piece has become the first artwork in history to have been created live during an auction. The buyer of that shredded Banksy painting is keeping it, and some think its worth more now.
So, who is the buyer of that viral, shredded Banksy painting?
Buyer goes ahead with purchase of shredded Banksy painting.
Sale of shredded $1m painting by Banksy completed to mystery buyer via @FT
In case you havent heard, weve got an update for you in the epic #Banksy self-shredding prank saga: Banksy has authenticated and renamed his shredded $1.4 million painting—which the buyer plans to keep, btw.
The woman who won the $1.4 million Banksy painting that self-destructed after it was auctioned has decided to keep it, Sotheby’s said via @WSJ
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