Shredder Banksy artwork is sold at auction for record prices

When it was last sold at auction three years ago, the hidden shredder embedded in the frame by Banksy came back to life.

London, UK — The work of British street artist Banksy, who sensationally self-crushed shortly after being sold at an auction three years ago, won £ 18.5 million ($ 25.4 million) on Thursday. This is an artist’s record, nearly 20 times more than before. Shredded price.

The “Love is a Recycle Bin” was provided by Sotheby’s in London, with pre-sale estimates of £ 4 to $ 6 million ($ 5.5 million to $ 8.2 million).

After a 10-minute bidding war involving nine bidders on the sales floor, it sold online and by phone at three times the high estimate.

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

When it was last sold at Sotheby’s in October 2018, the piece was known as “Girl With Balloon.” Hidden shredders embedded in the frame by Banksy come alive, with half of the canvas hanging strips from the frame, much like an anonymous European buyer won for £ 1 million ($ 1.4 million). I did.

Sotheby’s was criticized for not being able to find the hidden shredder. However, 2018 buyers have decided to complete the purchase. This decision was substantiated on Thursday as the price of the work soared.

The piece soon became one of Banksy’s most famous, and Sotheby’s sent it on tours to cities such as New York and Hong Kong before Thursday’s auction.

Alex Branchk. Sotheby’s Chairman of Modern and Contemporary Art called Shredder “one of the most original moments of performance art of the century.”

“It was a whirlwind to follow the journey of this now legendary piece, bring it back into the midst of us, and offer it in the very room created by the artist tonight,” Branchk said. rice field. “Banksy is no wonder to make headlines. This latest chapter in his story has captured the imagination of the world — we can only start guessing what’s coming next.”

Never fully identified, Banksy has become one of the most famous artists in the world, including a spray-painted building in Bristol, England. His mischievous and often satirical image included two kissing male police officers, a yellow smiley-faced armed riot police, and the words “I laugh now, but I’ll be in charge someday.” Includes chimpanzees.

Some of his work is sold at auction for millions of dollars. In March, Banksy’s mural, first painted on the hospital wall in honor of British health care workers, sold for £ 16.8 million ($ 23.2 million) at the Christie’s auction and remained an artist’s record until Thursday.

“Girl With Balloon” was originally stencil-printed on the walls of eastern London and duplicated endlessly, making it one of Banksy’s most famous images.

Shredder Banksy artwork is sold at auction for record prices

Source link Shredder Banksy artwork is sold at auction for record prices

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