Today this piece is considered heir to a venerated legacy of anti-establishment art. “During that memorable night, Banksy did not so much destroy an artwork by shredding it, but instead created one. “When ‘Girl with Balloon’ ‘self-destructed’ in our saleroom, Banksy sparked a global sensation that has since become a cultural phenomenon,” Alex Branczik, Sotheby’s chairman of modern and contemporary art, said in a statement. The piece had been on permanent loan to Germany’s Staatsgalerie Stuttgart Museum since March 2019, according to The Guardian. “Together with Leonardo’s ‘Salvator Mundi,’ it’s been the world’s most talked-about artwork of the last two or three years.” “It’s such an infamous work,” Acoris Andipa, a London-based dealer who specializes in Banksy’s paintings and prints, told the Times. The new buyer has the option to pay in cryptocurrency. Banksy has posted a video to his website in which he implies the shredding of his million-pound artwork Girl with Balloon at a Sotheby’s auction in. Anny Shaw, a writer and editor at The Art. Sotheby’s would only say the buyer was a female collector from Europe and a longtime client of the auction house. On Friday, Banksy’s painting, Girl with Red Balloon, sold for a record £860,000 at auction and then began to self-destruct, being shredded by the frame. Sotheby’s sold “ Devolved Parliament” for $12.1 million in 2019, the newspaper reported.Ī post shared by Banksy identity of the seller at Thursday’s auction was not revealed, CNN reported. The painting had been projected to sell between $4 million and $5 million, but after nine bids it was bought by telephone by a client that more than doubled Banksy’s previous record for a painting, the Times reported. Barker was the auctioneer three years ago when the bottom half of the painting shredded after the hammer was dropped on the sale. “I can’t tell you how terrified I am to bring down this hammer,” Sotheby’s auctioneer Oliver Barker joked after 10 minutes of bidding, according to Reuters. A new Director’s Cut of the artist’s initial video depicting that now-infamous moment Girl with Balloon met the shredder, however, shows that not everything went according to plan: while the. There were no artistic surprises on Thursday, other than the staggeringly high winning bid for the painting by the street artist, who specializes in political satire. The Banksy painting that sensationally self-destructed three years ago after selling for $1.4 million at auction was resold by Sotheby’s on Thursday for a record $25.4 million.
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