An error has occurred, please try again later. 1974. On the Sotheby's website, the work was still listed as having sold at 1.04 million at the time this story was published. Public Delivery", "London Banksy Girl and Balloon mural to be removed", "Banksy 'Girl and Balloon' canvas smashes auction estimate", "Bonhams: Banksy (British, born 1975) Girl and Balloon 2003", "Banksy Girl With Balloon (2004), Meaning & Description, My Art Broker", "Banksy print makes more than a Picasso at auction", "Can We Just Admit That Banksy's Art-Shredding Stunt Is Actually Really Good? He also has a penchant for elaborate pranks. contemporary art specialist and head of Sothebys London evening sale. 54.36.182.48 Bonhams London, 3 March 2022 Nearby homes. In a statement about the upcoming sale, 2 prints sold so far in 2023, at Phillips London, and Forum Auctions. [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 market for Banskys art changed markedly after the shredding, she adds. Sotheby's said they had no foreknowledge of the mechanism. I cant tell you how terrified I am to bring this hammer down, Barker said after taking the final bid of $25.4 million. 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. Banksy and the tradition of destroying art - CNN Style Banksy's "Love is in the Bin" is unveiled on October 12, 2018, at Sotheby's in London. Sothebys said in a statement to the Financial Times: We have talked with the successful purchaser who was surprised by the story. The bottom half of the painting was cut into strips in what Sotheby's has referred to as a moment of "instant art world history.". But perhaps the real art installation didn't arrive until after the piece was sold. It is ambiguous as to whether she has intentionally released the balloon, evoking an endearing image of childhood freedom, or if she has accidentally lost her grip on the dangling string and is watching in despair as the balloon slips into oblivion. Baker, who was on the phone at the time, said she was completely taken aback after hearing the alarm that was not a Sothebys noise.. 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. 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. Then in March 2021, Banksys Game Changer, 2020, sold at Christies in London for 16.76 million, marking an auction record for the artist that still stands. After competition from a total of nine bidders, it was bought by a client on a telephone for a price that surpassed Banksys previous auction record of $23.2 million, given at Christies in London in March for the painting Game Changer, made as a tribute to the work of British hospital staff during the coronavirus pandemic. While the iconic mural was later destroyed . Love is in the Bin will be put on display to the public at Sotheby's New Bond Street galleries over the weekend. The artwork, Love Is in the Bin, had been estimated to sell for $5.5 million to $8.2 million. Game Changer, an oil painting depicting a young boy playing with a toy superhero nurse, was gifted by Banksy to University Hospital Southampton in May 2020. Girl With Balloon, which was last year voted the UKs best-loved work of art, first appeared on a wall in Great Eastern Street in Shoreditch, east London. Twelve million five hundred thousand pounds, again, on the telephone is Michaels bidder at 12,500,000. [7] Within seconds of the gavel drop, the canvas began sliding out of the bottom of the frame and shredding itself to the audible sound of a siren and the surprise exclamations of attendees. Banksy's "Love is in the Bin" is installed at Sotheby's on September 03, 2021 in London, England. [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. According to Sotheby's, it is "the first artwork in history to have been created live during an auction. [17], A print of Balloon Girl Colour AP (Purple) was sold in an auction in September 2020 for 791,250, making it the highest bidding price for a Banksy print and the most expensive print sold in an online auction. Banksy video reveals shredded artwork stunt did not go as planned | CNN The auctioneer's hurried attempts to bring the shocked spectators' attention back to the block led some to suggest that Sotheby's employees were in on the scheme. Banksy's Girl with a Balloon appeared to shred itself after selling for $1.4 million at Sotheby's on Friday night. Haydon Perrior/Sotheby's Auction House, via Associated Press. During the sale, Barker, who was the auctioneer that evening, along with Sothebys specialists manning the phones, appeared completely astonished when a strange alarm sound began beeping and then the painting began slipping in ribbon-like pieces through the frame, according to Banksys video of the sale. Banksy. Valentine's Banksy. The video showed someone in a hoodie installing the device, before another caption, saying: "In case it was ever put up for auction.". A woman passes one of the Banksy murals near the Barbican Centre. "Some people think it didn't really shred. Sothebys London: 25 March 2021 This lot is accompanied by a certificate of authenticity issued by Pest Control Office. Girl with Balloon (Diptych), 2005 art magazine on Instagram: "Bin there, done that: Banksy's shredded L'innoval | Inria / Naver Labs - Apartments for Rent in Meylan Such themes link Banksys work to the French film of 1956, Just about three years after, the half-shredded work renamed. It has one free. We've detected you are on Internet Explorer. It still remains unclear how the shredder was activated. Sothebys London, 30 June 2022 Sothebys London, 30 June 2022 It had been offered for sale by an unidentified European collector. [3][4], It has been speculated that a man seen filming the shredding was Banksy or someone connected to him. Either way, when the work was graffitied on Londons Waterloo Bridge (later removed by the council), Banksy paired it with the phrase There is always hope. Banksy posted an image on Instagram of the shredded work dangling from the bottom of the frame with the title Going, going, gone . to Cloudflare Ray ID: 7c0df6c23de802d7 Ladies and gentlemen, for a new world record, the Banksy, Love Is in the Bin, sold to you, 16 million pounds. GBP 1,104,000 / USD 1,513,886, Girl with Balloon (Dark Purple AP) What if it were a Banksy piece? 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. Screenprint in colours, 2004, signed in pencil, dated, numbered 21/150, with the publisher's blindstamp, Pictures on Walls, London, on wove paper, framed. This work was executed in 2009", "Banksy reworks girl with heart balloon to mark third anniversary of Syria conflict", "Justin Bieber's Banksy Tattoo Blasted By The Graffiti Artist, Sort Of", "Banksy's balloon girl chosen as nation's favourite artwork", "Banksy Just Broke Another Auction Record With His 'Balloon Girl' Print", "Banksy risks breaking election law with offer of art prints for anti-Conservative voters", "Banksy is offering free art to people who vote against the Tories", "Banksy forced to withdraw offer to send free artwork to non-Tory voters", "Banksy artwork shreds itself after 1m sale at Sotheby's", "Banksy auction prank leaves art world in shreds", "Banksy artwork self-destructs just after $1.4 million sale", "Banksy publishes video detailing auction stunt plan video", "Woman who bought shredded Banksy artwork will go through with purchase", "Banksy Authenticates and Renames His Shredded $1.4 Million PaintingWhich the Buyer Plans to Keep", "Banksy's Love is in the Bin sells for record 16m", https://en.wikipedia.org/w/index.php?title=Girl_with_Balloon&oldid=1151676792, This page was last edited on 25 April 2023, at 14:43. The true identity of the Bristol-born artist has never been officially revealed despite wide speculation. Oliver Barker, On board the worlds last surviving turntable ferry. It has been on permanent loan to the Staatsgalerie Stuttgart since March 2019. House in Aix-les-Bains, Auvergne-Rhne-Alpes, France Contact. According to Sotheby's, it is "the first artwork in history to have been created live during an auction." [1] His 2006 painting of Girl with Balloon unexpectedly self-destructed immediately after it was sold at auction. You may want to read Metas Instagram cookie policy, external and privacy policy, external before accepting. Language links are at the top of the page across from the title. Banksy's Shredding Artwork Is Auctioned for $25.4 Million at Sotheby's [13][14], In March 2014, the third anniversary of the Syria conflict, Banksy reworked the painting to depict a Syrian refugee and added the hashtag #WithSyria. The auction result will only propel this further and given the media attention this stunt has received, the lucky buyer would see a great return on the 1.02m they paid last night. The artwork passed through the bottom of its golden frame, producing a partially shredded canvas. Numbered /600 in pencil [26], The woman who won the bidding at the auction decided to go through with the purchase. Girl with Balloon. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. "[20] Banksy cancelled this offer on 6 June 2017 after the Electoral Commission warned him it could violate election bribery laws and invalidate the election's results in those constituencies. Performance & security by Cloudflare. But after the head-turning display, commenters on social media surmised that the shredded Girl With Balloon will soar in value, once the shredded pieces are patched back together. This website is using a security service to protect itself from online attacks. GBP 375,000 / USD 454,000, Girl with Balloon (Dark Pink AP), 2004 Banksy confirmed that he was responsible for the shredding and gave the altered piece a new name, Love is in the Bin. had built into the bottom of the frame. GBP 791,250 / USD 1,044,450, Girl with Balloon (Dark Pink AP) VideoOn board the worlds last surviving turntable ferry, I didnt think make-up was made for black girls, Why there is serious money in kitchen fumes. In particular, the video showed cutting blades placed sideways which would be unable to cut the canvas. Immediately after being bought in a telephone bid, for $1.4 million, an alarm went off in the salesroom. "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. There is a strong disparity in prices achieved at auction mostly due to condition issues. The partly-shredded work which has since been renamed "Love is in the Bin" will be auctioned at Sotheby's London on October 14, the auction house recently announced. This article contains content provided by Instagram. How Banksy's "Girl with Balloon" Became an Icon of 21st-Century Art Pest Control, a firm acting on behalf of the elusive artist, has titled the new piece Love is in the Bin. [9][12], It was reported that the artist uploaded a video of the event onto Instagram, showing the construction of the shredding mechanism and frame, but deleted the post. ", The locations for this work include Waterloo Bridge as well as other sites around London, though none still remain. The framed Girl With Balloon, one of. Banksys Shredding Artwork Is Auctioned for $25.4 Million at Sothebys, https://www.nytimes.com/2021/10/14/arts/design/banksy-art-sothebys-auction.html. Balloon Girl by Banksy portrays a young girl with tousled hair and a flowing dress grasping for or freeing a red balloon that has escaped from her hands. Obviously, prints which are not in excellent condition do not sell at a premium. Spray paint on canvas, in two parts Rembrandt Love is in the Bin is a 2018 art intervention by Banksy at Sotheby's London. [4], Several sets of limited edition prints of the work were produced, which became valuable over time. The next year he smuggled a life-sized figure of a Guantanamo Bay detainee into Disneyland, and in 2015 he erected a full-scale dystopian theme park "Dismaland" by the British seaside. The website MyArtBroker.com, which resells Banksy pieces, said Girl with Balloon had enjoyed annual increases in value of about 20% in recent years. That price appears modest given the paintings widespread recognition, and the subsequent records achieved for the U.K. street artists work. Free shipping for many products! 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. The Associated Press contributed to this report.