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$5-8 million for a half-shredded Banksy? Try Sotheby’s By Reuters

© Reuters. Becky and Adam look at “Girl With Balloon,” a diptych created by Banksy in Britain. This is part of the forthcoming auction at Christie’s on October 15.


LONDON, (Reuters) – A Banksy photograph that was hidden in its frame by a shredder when it was auctioned will be up for sale in London tomorrow with a potential price of as high as $8.2million.

The moment the once-titled “Girl with Balloon”, was pulled into a shredder after a bid of 1,042,000 dollars at a Sotheby’s auction in London, October 2018, shocked all around.

The work is now called “Love is in the Bin” and is available for sale at a cost estimate of between 4-6 million and $8.2 million.

It didn’t shred, but some people claim otherwise. It did. It was.

In 2018, the anonymous street artist posted his identity on Instagram.

Sotheby’s claimed that the work fits in an extensive history of anti-art, which includes Marcel Duchamp’s anonymized submission of Fountain. A porcelain urinal mounted on a pedestal was given to Ai Weiwei by 1917. Ai Weiwei took the photo of himself dropping an alleged Han Dynasty vase.

Banksy’s Chairman of Modern and Contemporary Art, Alex Branczik stated that Girl with Balloon’s “self-destruct” in the Sotheby’s saleroom created a worldwide sensation.

Banksy created a new artwork during that unforgettable night. He didn’t just destroy the art by shredding it. The piece today is regarded as heir to an enduring legacy of antiestablishment art.

($1 = 0.7299 pounds)

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.