Alex Branczik, Sotheby's head of contemporary art, said the auction house was "pleased to confirm the sale of the artist's newly-titled Love is in the Bin, the first artwork in history to have been created live during an auction". The piece consists of a half-shredded canvas in an ornate frame bearing a spray-painted image of a girl reaching for a heart-shaped red balloon. sheet: 659 by 500mm 25 by 19in. 2018 art intervention from a 2006 Banksy painting, "Latest Banksy Artwork 'Love is in the Bin' Created Live at Auction", "Stuttgarter Staatsgalerie: Banksys Schredderbild kommt dauerhaft nach Stuttgart", "Banksy Brings Down the House at the Contemporary Art Evening Auction", "Banksy sets auction record with 18.5m sale of shredded painting", "Contemporary Art Evening Auction Banksy Girl with Balloon", "Banksy video shows plan to shred entire Girl With Balloon artwork", "Woman who bought shredded Banksy artwork will go through with purchase", "Love is in the bin: Shredded Banksy up for sale at higher price", "Banksy renames shredded painting Love Is In the Bin as work sells to winning bidder after a week of negotiation", "Banksy Authenticates and Renames His Shredded $1.4 Million PaintingWhich the Buyer Plans to Keep", "Banksy suggests self-destruct stunt didn't go as planned", "Who's the mystery man who films at Banksy prank auction? Proceeds from the auction, which had a presale estimate range between 2.5 million and 3.5 million, were used to support the hospital and health organizations across the U.K. A video posted after the 2018 sale of Love is in the Bin, Banksy shows how the shredding mechanism was installed in the painting in case it was ever put up for auction.. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. GBP 134,000 / USD 182,240, Sothebys online: 18 September 2020 Banksy and the tradition of destroying art - CNN Style The winning bidder on Banksy's Girl with Balloon offered at Sotheby's last Friday has confirmed their decision to acquire the new work that was created that night, as part of the . Edition: 25 Woman to keep shredded Banksy Girl With Balloon painting We ask for your permission before anything is loaded, as they may be using cookies and other technologies. Girl with Balloon (also, Balloon Girl or Girl and Balloon) is a series of stencil murals around London by the graffiti artist Banksy, started in 2002. As a subscriber, you have 10 gift articles to give each month. The auction house declined to reveal the identity of the buyer. Today, Sothebys estimates Love is the Bin will sell for between 4 million and 6 million when it goes up for auction at an Oct. 14 evening sale. ", (According to The New York Times, this quote is often credited to Picasso, but it's also been attributed to Mikhail Bakunin, a Russian anarchist who died before the Spanish painter was born.). The Guardian described it at the time as sometimes hilarious, sometimes eye-opening and occasionally breathtakingly shocking. The anonymous artist uploaded a video of the destruction onto Instagram but soon deleted the post. The European woman who bought the piece, who does not want to be named, said: "At first I was shocked, but I realised I would end up with my own piece of art history.". "[1] His 2006 painting of Girl with Balloon unexpectedly self-destructed immediately after it was sold at auction. Love is in the Bin, as the painting was soon rechristened by Banksys authentication body, Pest Control, sold for 1.1 million (US$1.4 million), with fees, before the surprise demolishing took placefar above an initial 200,000 estimate. Moments after the framed Girl With Balloon was sold by Sotheby's in London, the canvas shredded itself. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. [16], In July 2017, a Samsung poll of 2,000 people from the United Kingdom asked participants to rank twenty pieces of British art. Girl with Balloon (unsigned) is one of Banksy's prints that sells the most at auction, with 13 lots sold at auction in 2022, 20 lots sold at auction in 2021, and 13 lots in total in 2020. Banksy has played what could be one of the most audacious stunts in art history, arranging for one of his best-known works to self-destruct after being sold at auction for just over 1m. Sotheby's has confirmed the final price of 1,042,000 will be paid in full by the new owner. Flying Balloon Girl - Wikipedia Moments after the framed Girl With Balloon was sold by Sotheby's in London, the canvas shredded itself. Sothebys declared afterward that it had been Banksy-ed.. I cant believe it. Banksy's Shredded 'Girl with Balloon' Returns to Sotheby's In the years after World War II, German-born artist Gustav Metzger pioneered "auto-destructive art," creating paintings using acid that ate away the fabric beneath. It was given by Banksy to a friend shortly after the "Barely Legal" exhibition in 2006. It did. Inovalle is a charming studio combining calm and simplicity. Sothebys London: 25 March 2021 Whether the Banksy painting's final bidder is expected to pay "as is" for the painting is unclear. In 2018, the "Girl With Balloon" piece was sold at auction for $1.4 million dollars, but the work of art "self-destructed" the moment the deal was done. House in Aix-les-Bains, Auvergne-Rhne-Alpes, France Contact. Banksy's "Love is in the Bin" is unveiled on October 12, 2018, at Sotheby's in London. [10], After the shredding, there was a negotiation with the buyer to confirm the sale, and on 11 October it was agreed that the sale would go through at the full original price. GBP 438,500 / USD 596,700, Bonhams London: 8 October 2020 Girl with Balloon. Read Girl with Balloon: From Graffiti to Art History Icon, Numbered 133/600 in pencil with the publishers blindstamp, lower right, Numbered 353/600 in pencil with the publishers blindstamp, lower right, Numbered 355/600 in pencil with the publishers blindstamp, lower right, Numbered 358/600 in pencil with the publishers blindstamp, lower right, Numbered 453/600 in pencil with the publishers blindstamp, lower right, Numbered 201/600 in pencil with the publishers blindstamp, lower right, in pencil with the publishers blindstamp, lower right, Numbered 46/150 in pencil with the publishers blindstamp, lower right, Numbered 82/150 in pencil and further inscribed AP/DN, lower right, in pencil, with the publishers blindstamp, lower left, From the edition of 88 artists proofs (comprised of different color variants), with the publishers blindstamp, lower left, Inscribed AP 21 with the publishers blindstamp, lower left, Valentines Day Mascara, 14 February 2023. But its the highest presale estimate range for a work by Banksy sold at auction. [18], In early June 2017 before the United Kingdom general election, Banksy introduced a variant of Girl with Balloon with the balloon coloured with the Union Jack design. Banksy never disclosed his full identity, but he is thought to have grown up in Bristol, BBC News reports. [2] A 2004 version of the mural was at an east London shop in Shoreditch, sold in 2007 for 37,200 at Sotheby's,[3] and was removed by the Sincura Group in 2014 and sold for 500,000 in September 19, 2015. [4], Several sets of limited edition prints of the work were produced, which became valuable over time. Sotheby's which had noted before the sale that the work's ornate gilded frame was "an integral element of the artwork chosen by Banksy himself" expressed surprise at the incident. Market watchers speculated that the self-destruction would increase the artwork's value. The spray-painted canvas "Girl With Balloon" went under the hammer at Sotheby's in London, fetching more than three times its pre-sale estimate and equaling a record price for the artist. [22] Moments after the closing bid, the artwork began to self-destruct by means of a hidden mechanical paper shredder that Banksy had built into the frame bottom. The unknown female European collector who won Banksys Girl with Balloon at Sothebys October 2018 London auction before it suddenly shredded to pieces seconds after the hammer fell, is putting the work back on the auction block this fall. GBP 113,700 / USD 138,641, Girl with Balloon, 2004 He instead conjectured that the original painting is simply rolled toward a hidden compartment in the back, while a pre-shredded copy is rolled out the bottom of the frame.[17]. The video then cuts to a final annotation, "In case it was ever put up for auction", . Screenprint in colours, 2004, numbered 572/600, with the publisher's blindstamp, Pictures on Walls, London, on wove paper, framed. October 6, 2018 / 6:15 PM Please enable Javascript or try a different browser. Canvas of Girl With Balloon passes through shredder in frame shortly after 1m sale. [11] Sotheby's released a statement that called it "the first artwork in history to have been created live during an auction". It opened with the caption: A few years ago, I secretly built a shredder into a painting., The clip shows a hooded figure putting the finishing touches on the device, before text appears on the screen saying: In case it was ever put up for auction.. Sothebys London, 30 June 2022 Oliver Barker, The spray-painted canvas "Girl With Balloon" went under the hammer at Sotheby's in London, fetching more than three times its pre-sale estimate and equaling a record price for the artist.. had built into the bottom of the frame. Was Banksy's infamous shredded painting really created in 2006? At a Sotheby's fall London sale in October 2018, an anonymous collector purchased a Girl with Balloon painting for 1.1 million ($1.4 million). In 2005, he hung an image of a spear-toting ancient human pushing a shopping cart in the British Museum, where it remained for several days before being discovered. "Girl With Balloon," one of the most recognized works of the England-based street artist known as Banksy, fetched a hefty $1.37 million (1.04 million) at a Sotheby's auction in London on Friday. Flying Balloon Girl, also known as Balloon Debate, is a 2005 stencil mural in the West Bank by the graffiti artist Banksy, depicting a young girl holding a bunch of seven balloons floating above the 8 meter-high wall built around the Palestinian enclave near the Qalandia checkpoint.. The partially shredded work has been given a new title, Love Is in the Bin, and was authenticated by Banksy's authentication body Pest Control. Its such an infamous work. Despite the physical graffiti versions being removed by the authorities, the iconic artwork lives on in many different iterations. With some of the image hanging down in strips, the 2006 work of spray paint on canvas of a girl reaching for a red, heart-shaped balloon was swiftly carried off. But perhaps the real art installation didn't arrive until after the piece was sold. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. [9], In August 2005, Banksy included it as part of a series of murals on the West Bank barrier, a variation called Balloon Debate of the girl floating above the wall while holding onto a bunch of balloons. Banksy has several times used variants of this design to support social campaigns: in 2005 about the West Bank barrier, in 2014 about the Syrian refugee crisis, and also about the 2017 UK election. All rights reserved. On Saturday evening, Banksy posted a video on his Instagram page which showed a shredder being fitted to the frame of the painting. He also has a penchant for elaborate pranks. One of Banksy's "Girl With Balloon" paintings is on display at an exhibition opening of works by the England-based street artist, at St. Petersburg's Manege Central Exhibition Hall in September. Apr 28, 2023 - Entire rental unit for $61. The auction house has not revealed the identity of the new owner, saying only that she is a "long-standing client of Sotheby's". The shredder stopped when the canvas was about half-way through; Banksy has said this stop was unplanned and that he intended to shred it completely. He has, however, dispelled rumors that the 2018 incident was a publicity stunt, commenting on Instagram shortly after it happened. Pest Control Office has confirmed the authenticity of this work and a certificate will be issued. Most populous nation: Should India rejoice or panic? It's expected to go for between $5 to $8 million a huge jump from the original selling price. On this side, 12,500,000 is bid. Create an alert to be instantly notified of new similar listings coming online.