See Banksy Reveal How He Made Shredder Frame for Infamous Art Stunt
13 October, 2018, 07:17 | Author: Sheri Evans
It was auctioned off for $1.4 million.
Sotheby'ssaid the painting has now been retitled "Love is in the Bin" and authenticated by Banksy's Pest Control agency.
The buyer's identity was not revealed. The owner of the print reportedly cut the painting with a knife, and then requested the print be listed for auction at a minimum price of £80,000, the Daily Mail UK said.
It opened with the caption: "A few years ago, I secretly built a shredder into a painting".
Sotheby's claimed it had been "Banksy'd".
After the incident on Friday, Banksy posted a video via Instagram that seemed to show how he set up a shredder in the painting.
The mysterious buyer appears to agree. He stated that it had been renamed to "Love is in the Bin" (love is in the trash) after the event.
"It appears we just got Banksy-ed", said Alex Branczik, Sotheby's head of contemporary art for Europe, according to BuzzFeed.
After a week of negotiations, the winning telephone bidder - which the auction house described in an Instagram post as a "long-standing client" who is a "female European collector" - is going through with her purchase at its original price.
Banksy is known worldwide for his England-based street art.
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Internet sleuths say this man bares a passing resemblance to Robin Gunningham, widely suspected of being the man behind Banksy. His screen is visible and that angle is similar to one in footage in Banksy's video.
John Brandler, director of Brandler Art Galleries, told the BBC that Banksy is "the ultimate publicity artist", calling the stunt "absolutely brilliant". In 2013 he set up a stall selling his original artwork for $60 in a NY market and filmed people passing by, convinced that because of the price, the works were fake.
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