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Shredded Banksy artwork auctioned for $25.4 million-News

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This work consists of a half-shredded canvas with a spray-painted image of a girl reaching for a heart-shaped red balloon.

A work by British street artist Banksy caused a sensation after being torn apart by itself at auction three years ago. It was sold for nearly £18.6 million (US$25.4 million) on Thursday, setting a record for the artist. The record is close to 20 times the price before it was shredded.

“Love is in the Bin” is provided by Sotheby’s auction house in London, with a pre-sale estimate of 4 million to 6 million pounds (5.5 million to 8.2 million US dollars).

After a 10-minute bidding war, 9 bidders bid at the sales office, online and over the phone, and finally sold at three times the overestimated price. The sales price of £18,582,000 (US$25,383,941) includes a sales tax called the buyer’s premium.

This work consists of a half-shredded canvas, painted in an ornate frame, on which is painted a spray-painted image of a girl reaching for a heart-shaped red balloon.

When it was auctioned at Sotheby’s for the last time in October 2018, the work was called the “Balloon Girl”. Just as an anonymous European buyer won the bid for 1 million pounds (1.4 million US dollars), a hidden paper shredder embedded in the frame by Banksy whizzed past, leaving half of the canvas strips hanging on the frame .

Sotheby’s was criticized for failing to find the hidden paper shredder. But the 2018 buyer decided to continue buying, and this decision was confirmed on Thursday as the price of the work soared.

This work quickly became one of Banksy’s most famous works, and Sotheby’s sent it to cities such as New York and Hong Kong for tour performances before the auction on Thursday.

Alex Blanchike. The Chairman of Sotheby’s Modern and Contemporary Art called this smash “one of the most ingenious moments of performance art in this century.”

Branczik said: “Follow the journey of this legendary work and bring it back to us, to provide it in the artist’s room tonight, it’s a whirlwind.” “Banksy is no stranger to making headlines, he The latest chapter in the story captured the imagination of the world-we can only start to guess what will happen next.”

Banks, whose full identity has not been confirmed, began his painting career in Bristol, England, and has become one of the most famous artists in the world. His naughty and often ironic images include two male policemen kissing, armed riot police with yellow smiley faces, and a chimpanzee with the words “Laugh, but one day I will be responsible.”

Several of his works were sold for millions of dollars at auction. In March this year, a Banksy mural commemorating British health workers was painted on the hospital wall for the first time. It was sold at Christie’s auction for 16.8 million pounds (23.2 million US dollars) until it hit the record on Thursday. The artist’s record.

“The girl with a balloon” was originally printed on the wall in east London and was copied endlessly, becoming one of Banksy’s most famous images.




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