Banksy's 2018 Shredded Painting Sale: A Prank That Boosted Value
In 2018, at a London auction, Banksy remotely shredded his painting 'Girl with Balloon' moments after it sold for £1.04 million, stunning buyers. The stunt, seen as a critique of the art market, paradoxically increased the work's value, now known as 'Love is in the Bin'. The event became a landmark in contemporary art history, highlighting the intersection of art, commerce, and spectacle.
Key facts
- Banksy's 'Girl with Balloon' was shredded at a London auction in 2018.
- The painting sold for £1.04 million before being shredded.
- The shredding was executed remotely by Banksy.
- The event was a critique of the art market.
- The shredded work was renamed 'Love is in the Bin'.
- The stunt increased the artwork's value.
- The auction took place at Sotheby's in London.
- Banksy is a prominent street artist.
Entities
Artists
Institutions
Locations
- London
- United Kingdom