Woman who bought shredded Banksy artwork will go through with purchase A painting sent through a shredder at the moment of its auction sale has been officially confirmed as a work by street artist Banksy in its destroyed state The artist's previous auction high was set in 2008 for the painting, "Keep It Spotless," a collaborative work by Banksy and Damien Hirst, which sold for $1.9 million at a Sotheby's charity auction. Banksy: The $20 Million Graffiti Artist Who Doesn't Want His Art To Be ... "Love is in the Bin," formerly called "Girl With Balloon," has an . Banksy did not so much destroy an artwork by shredding it, but . As soon as the winning telephone bid was verified, Banksy's most recognized work suddenly passed through a shredder that was installed in the frame, the BBC reported. How much are Banksy worth? Banksy's shredded painting resold for record $25.4M moments after selling for over £1 million ($1.4 million) at a London auction. Banksy's self-destructing painting sells for over $25 million, setting ... The notorious Banksy painting that famously shredded itself after it had been sold at an auction three years ago was resold on Thursday for a whopping $25.4 million dollars, over 20 times more than. The transformed work has been given a new title, Love Is in the Bin, and has been granted a certificate by Pest Control, Banksy's authentication body. That doesn't mean they are not in high demand. sotheby's will sell the painting in october with a current low estimate set at $5.5 million. Banksy - Wikipedia Banksy instead began to apply to register his work as a trademark in 2014 and later set up Gross Domestic Product, a temporary shop selling goods inspired by his art. The notorious Banksy painting that famously shredded itself after it had been sold at an auction three years ago was resold on Thursday for a whopping $25.4 million dollars, over 20 times more than… Banksy's work has long been in tension with the art world, poking fun at its astronomical prices and exclusivity - this can be seen in works such as his 2006 Morons print, which shows an auctioneer selling a canvas emblazoned with the words 'I can't believe you morons actually buy this shit'. "This is now part of art history in its shredded state and we'd estimate Banksy has added at a minimum 50% to its value, possibly as high as being worth £2m plus." .
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