Banksy Reveals How He Planned Shredding His $1.4 Million Painting During Auction

Ruben Ruiz
October 11, 2018

The spray-painted and acrylic piece depicted a little girl extending her arm out for a heart-shaped balloon, floating far beyond reach.

"It appears we just got Banksy-ed", said Alex Branczik, Senior Director and Head of Contemporary Art, Europe London.

After Saturday's stunt, he borrowed a quote from Picasso and wrote on Instagram: "The urge to destroy is also a creative urge".

Speculation has also focused on exactly who had purchased the 2006 artwork after it went to a telephone bidder for a total of £1.04million (around R19 million) - equalling a record for a Banksy.

Banksy is well known for his anti-establishment street art which often points a satirical finger at the world as it is today.

Banksy is not the first artist to deconstruct his own work.

"A few years ago I secretly built a shredder into a painting", reads a caption, before a person wearing a hoodie installs the device.

Some of have even claimed to have caught Banksy on camera after he had finished his work.

Sotheby's auction house - where Banksy's art was sold and swiftly destroyed - has said that it is now in discussions with the buyer about what to do next.

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"We are busy figuring out what this means in an auction context ..."

But what may come as a surprise to you, is that some art-market watchers said the work could now be worth more in its shredded state, than it was intact.

Suddenly, Banksy works were fetching tens of thousands of pounds at renowned auction houses and the mysterious street artist was world famous.

"It's become worth more as a conceptual moment than as a work of art itself", Waterman told the Times.

Fairey likens Banksy's "Girl With Balloon" prank to performance art: ephemeral but everlasting, regardless of how the auction house ultimately proceeds regarding the work's new buyer.

Shortly after the incident, Banksy uploaded a video to his Instagram account seemingly taking responsibility for the destruction.

Another 20 percent of people think Banksy is an artist called Robin Gunningham and 13 percent believe he is the artist Robert Del Naja.

"The big question is - was Sotheby's complicit", asks Anny Shaw, correspondent for the Art Newspaper, who was in the room for the sale.

Other reports by GizPress

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