Shredded Banksy artwork could fetch millions at auction
ABC News
A work by street artist Banksy that sensationally self-shredded just after it sold for $1.4 million could make several times that price at an auction
LONDON -- A work by British street artist Banksy that sensationally self-shredded just after it sold for $1.4 million could make several times that price at an auction on Thursday.
“Love is in the Bin” is being offered by Sotheby’s in London, with a presale estimate of 4 million pounds to 6 million pounds ($5.5 million to $8.2 million).
It 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.
Then known as “Girl With Balloon,” the work was sold at Sotheby’s in October 2018. Just as an anonymous European buyer made the winning bid, a hidden shredder embedded in the frame by Banksy whirred to life, leaving half the canvas hanging from the frame in strips.
