Banksy self-destroyed artwork sells for record $25 mn

10:28, 15 October 2021
Banksy self-destroyed artwork sells for record $25 mn

The artwork Love is in the Bin of the anonymous British artist Banksy was sold for $25 million (£16 million) at Sotheby's in London on Thursday as the guide price was set at $6 million (£4 million).

In 2018  the Banksy’s piece Girls with Ballon was almost fully shredded during the auction and sold for $1,5 million (£1 million) as the buyer didn’t refuse the painting and renamed it Love is in the Bin.

Before the bidding, the auctioneer Oliver Barker claimed that the artwork became an "unexpected piece of performance art"

That was a record price for an artist; in march Game Changer, a painting with a small boy playing with a toy nurse, was sold for $20 mln.

Banksy’s identity remains unknown, however, it is known that he rose in Bristol, southwest of the UK, where he gained popularity due to his graffiti. 

His last installation called the “Great British Spraycation” has more than 7 mln views on Instagram.