

“Girl With Balloon,” which depicts a small child reaching up toward a heart-shaped red balloon, was originally stencilled on a wall in east London and has been endlessly reproduced, becoming one of Banksy’s best-known images. His mischievous and often satirical images include two policemen kissing, armed riot police with yellow smiley faces and a chimpanzee with a sign bearing the words “Laugh now, but one day I’ll be in charge.” The painting “Girl with Balloon” was passed through a shredder hidden in the frame just after it went under the hammer last week for £1,042,000 ($1.4 million, 1.2 million euros).
#Banksy picture shred video full
The buyer’s identity was not revealed but Sotheby’s quoted her as saying: “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.”īanksy, who has never disclosed his full identity, began his career spray-painting buildings in Bristol, England, and has become one of the world’s best-known artists. The next issue of NP Posted will soon be in your inbox. If you don't see it, please check your junk folder.

(Sotheby's did not respond to a request for comment from Money.) How was the shredder set off, and by whom? Was Banksy in the room? Art experts also pondered how Sotheby's was not involved when art dealers typically examine pieces for quality before they go up for auction. The dramatic moment prompted a slew of questions - especially since Banksy claims to have installed the machinery years ago. We are busily figuring out what this means in an auction context." "We have not experienced this situation in the past where a painting spontaneously shredded, upon achieving a record for the artist. “It appears we just got Banksy-ed,” Alex Branczik, senior director and head of contemporary art for Sotheby’s, said in a statement after the event. The identities of the buyer and the underbidder have not been revealed. In a video posted on Instagram, Banksy revealed the details of the custom-made frame, which included a shredder "in case it was ever up for auction." Sotheby's maintains the art house was unaware of any plans for the stunt before it occurred. "You'd almost wonder if he'd recognize the fact that it would've doubled the value of the work," Benrimon adds. "It was meant to be a criticism of the art market, and I think it's going to double the value of the work." "That's the ironic part about it," Leon Benrimon, the director of modern and contemporary art at Heritage Auctions, tells Money. But art dealers and auction house directors think the unique stunt has only made the $1.4 million work - a price that set a record for a Banksy piece - more valuable. The stunning and widely viewed moment was seen as a pointed criticism of the lucrative art world from the daring artist. The canvas - bearing one of the mysterious artist's most famous pieces - slid down its thick frame, shredding half of the piece, much to the shock of auction attendees. Just moments after it was auctioned off for $1.4 million to an undisclosed bidder at Sotheby's in London, Banksy's "Girl With Balloon" appeared to self-destruct.
