Buyer of shredded Banksy artwork will go through with the sale

Tanya Cunningham
October 13, 2018

No one knows how the secretive artist activated a shredder hidden within the frame of his painting "Girl with Balloon" just after it was sold last week by Sotheby's for £1,042,000 (US$1.4 million, 1.2 million euros).

The quote, which he mistakenly (maybe?) attributed to Picasso actually comes from 19th-century Russian theorist of anarchism, Mikhail Bakunin.

The iconic Banksy painting that self-destructed at auction last week has been authenticated by Pest Control, the elusive street artist's authentication body.

A few years ago, I secretly built a shredder in one of his pictures in case it is ever put up for auction, - is spoken in the video. "I'll be quite honest, we have not experienced this situation in the past, where a painting is spontaneously shredded upon achieving a record for the artist", Sotheby's Alex Branczik told The New York Times. So when one of his famous paintings got resold into an auction for $1.4 million, he devised a devious frame that shredded the painting automatically after it got sold to the highest bidder. Sotheby's says the winning bidder for a Banksy painting that self-destructed during an auction last week has made a decision to go through with the purchase.

But, was the auction house in on the stunt? "While Banksy's stunt involved destroying the classic artwork using a remote device, this person reportedly took a stanley knife to the expensive piece - which is apparently one of just 600 mint condition prints in the world". In a rugged form, the cost of the work of Banksy, according to experts, could increase by half.

Banksy is known worldwide for his England-based street art. He said the auction house was still "busily figuring out" how the transaction for the now radically altered work will play out.

The angle from which the man was filming could also correspond to the angle used in Banksy's video version of events.

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