A partially shredded canvas of one of Banksy’s most celebrated works sold at auction in London on Thursday for £18.58 million ($25.4 million), a new record for the British artist, three years after the artwork was bought for a fraction of that price.
The artwork — now called “Love is in the Bin” — sold for nearly £1.1 million at the same Sotheby’s auction house location in October 2018, before it dramatically passed through a shredder hidden in the large Victorian-style frame moments later.
The surreal prank was orchestrated by the elusive and irreverent Banksy, whose identity is said to be known to only a handful of friends, and caused a global sensation.
Thursday evening’s sale, which saw nine bidders battle for around 10 minutes for the work formerly called “Girl With Balloon,” beats the previous record of £16.75 million set for Banksy in March.
Read more at Times of Israel.
{Matzav.com}