Banksy: New auction record for artist as shredded canvas Love Is In The Bin sells for £18.5m at Sotheby’s

Banksy’s Love Is In The Bin – the artwork that self-shredded after being sold in 2018 – has sold for £18.5m, a record for the artist at auction.

Sotheby’s said the “decommissioned, remote controlled shredding mechanism” was still in the frame.

The piece was originally titled Girl With Red Balloon when it was sold in October 2018, again at Sotheby’s.

But the painting “self destructed” remotely moments after selling and the incident is now one of the artist’s most famous stunts.

The anonymous buyer in the 2018 auction held on to the artwork and today’s sale means they have made a very healthy profit of about £15m (after the auctioneer’s cut).

(c) Sky News 2021: Banksy: New auction record for artist as shredded canvas Love Is In The Bin sells for £18.5m at Sotheby’s

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