$25.4 million.
LONDON — The Banksy painting that sensationally self-destructed three years ago after selling for $1.4 million at auction was resold by Sotheby’s Thursday for 18.6 million pounds, or $25.4 million, a record for the artist.
How much is a real Banksy worth?
What is Banksy worth? Due to little being known about Banksy’s identity, estimates of his net worth are speculative, with the unverified website celebritynetworth.com placing it at roughly £50 million.
Did Banksy make money on shredded painting?
Banksy’s artworks have sold for huge money at auction before, but often he does not take the money home himself. A partially-shredded Banksy painting has sold for a record £18.5 million at auction.
What is the most expensive Banksy art ever sold?
Love is in the Bin
Sold by Sotheby’s London, Love is in the Bin is the partly shredded version of Girl with Balloon painting. It is Banksy’s most expensive physical artwork sold at an auction.
What’s the most expensive Banksy?
Adding the buyer’s premium, the price came to GBP 18,582,000 (approx USD 29.5 million). The auction price of Love is in the Bin is thus the highest paid for a Banksy artwork.
Who owns the shredded Banksy?
Nine people battled for the piece for around 10 minutes before an anonymous collector, represented by Nick Buckley Wood, won the auction, BBC News reports. The sale is a record for Banksy, beating out a piece that was sold for around $22 million in March, with proceeds benefiting a UK charity.
How much did Girl With Balloon sell for after shredding?
$25.4 million
On Thursday, three years after Banksy’s act of destructive creation, the anonymous buyer put up for auction “Girl With Balloon,” or rather, its successor — the retitled “Love Is in the Bin.” After nine bidders battled for 10 minutes, the semi-shredded artwork sold for $25.4 million.
What happened to shredded Banksy piece?
The painting, which partially self-destructed three years ago after selling for $1.4 million, was resold by Sotheby’s for $25.4 million, setting a new record for the artist.
Who owns the most expensive painting in the world?
Nu couché — Amedeo Modigliani
The proud owner of this work is billionaire Lui Yiqian, a former taxi driver who founded two private museums in Shanghai and who reportedly paid for the purchase using an American Express Card.
What is the richest painting ever?
This is a list of the highest known prices paid for paintings. The current record price is approximately US$450.3 million (which includes commission), paid for Leonardo da Vinci’s Salvator Mundi ( c. 1500).
How much is Banksy worth 2022?
What is Banksy’s Net Worth? Banksy is a famed graffiti artist and documentary filmmaker who has a net worth of $50 million.
Is buying a Banksy a good investment?
Banksy’s prints and editions are the most lucrative investment on the market, what’s more is that as far as comparable assets go in the current landscape, Banksy’s sheer liquidity in this semi-post-COVID19 era is second to none.
Is Banksy art worth anything?
Banksy’s art is extremely valuable, with many of his pieces selling for tens of thousands of dollars on the Heritage Auctions Website. If you’d like to see the wide range of prices that Banksy’s work has fetched, we encourage you to check out the Banksy artist bio page.
Why is Banksy so valuable?
Simply put, people paying sufficient attention to a Banksy (or indeed any artwork) makes it a spectacle, which grants it legitimate commercial value. But Banksy’s work also has value because of something essential – what sociologist Howard Becker would call its “maverick” qualities.
How much did Banksy Sphinx sell for?
Holy Sphinx! – Two patio ornaments shaped as sphinxes brought in more than $260,000 after they were priced at just $700 at an auction house.
Can you own a Banksy?
When purchasing a Banksy, it’s important to ensure that it comes with a Certificate of Authenticity from Pest Control, Banksy’s unique and aptly named authentication body. With Banksy being such a popular artist and cultural icon, fakes do exist, so it’s important to verify every artwork’s authenticity.
Does Banksy make a profit?
Though Banksy’s artworks sell for millions of dollars in the secondary market, the pseudonymous artist continues to maintain his anti-elitist rhetoric by selling his work under the market value. Despite the artist’s anonymity, he earns a substantial income from the art he sells directly.
Who put Girl With Balloon up for auction?
By the late 2010s, Banksy’s status as a global icon was solidified, and his works were regularly selling for millions at auction. In this climate, a fateful auction of a Girl with Balloon canvas again shifted Banksy’s public perception and sent his market spiraling ever higher.
What is Banksy’s real name?
Robin Gunningham
Banksy is commonly believed to be Robin Gunningham, as first identified by The Mail on Sunday in 2008, born on 28 July 1973 in Yate, 12 miles (19 km) from Bristol.
Why did they shred Girl With Balloon?
Sotheby’s did not name the buyer. The partial shredding drew speculation that the act was a stunt to increase the value of the painting of a young girl reaching for a heart-shaped red balloon. The canvas was shredded to right above the girl’s head, leaving the balloon intact.
What triggered the Banksy shredder?
The partial self-destruction of a Banksy painting at a Sotheby’s auction in London last week was the result of a misfire, the artist has claimed. Girl with Balloon (2006) appeared to drop from its faux-gilt frame, shredding over half of itself into ribbons, just after selling for GBP£860,000.