There were a few tentative moments after bidder Nick Buckley Wood, representing a private investor, waited to see if anyone would outdo his client’s £16m offer.
How much did Banksy’s Love is in the Bin sell for?
Here, from our past coverage, is everything you need to know about the shredded Banksy: “An artwork by Banksy shredded itself after selling for $1.3 million at Sotheby’s.”
Who shredded Love is in the Bin?
artist Banksy
A work by British street artist Banksy that sensationally self-shredded just after it sold at auction three years ago has fetched almost 18.6 million pounds ($34.3 million) — a record for the artist, and close to 20 times its pre-shredded price.
Who bought the Banksy painting?
Banksy’s world-renowned shredded painting, “Love is in the Bin,” has fetched $25.4 million at a Sotheby’s auction, according to the auction house website. 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.
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.
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.
How much is the shredded Banksy worth now?
$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.
Why did the girl with the balloon painting shred?
In 2018, a framed copy of the work spontaneously shredded during an auction, by way of a mechanical device Banksy had hidden in the frame. Banksy confirmed that he was responsible for the shredding and gave the altered piece a new name, Love is in the Bin.
How much is 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.
Who owns the most Van Gogh?
Thanks to Kröller-Müller’s avid collecting of the artist’s work, the Kröller-Müller Museum is home to the second-largest collection of Van Gogh artworks in the world – behind only the Van Gogh Museum in Amsterdam. Between 1908 and 1929, Helene and Anton acquired 91 of his paintings and 180 works on paper.
Is Banksy still 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.
Has Banksy ever sold his work?
Banksy has been selling his art since the 1990s
Alongside his street art, Banksy has been creating works for sale for more than 20 years. The earliest pieces at auction date from 1998, while his earliest commercial prints are from 2002.
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).
What is the highest selling painting of all time?
The Most Expensive Paintings Ever Sold. The most valuable painting in history must surely be the Mona Lisa by Leonardo da Vinci. Although it is considered priceless, we can determine some numerical value by looking at the insurance value of the painting. In 1962 the masterpiece was assessed at a value of $100 million.
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.
Did girl with a balloon go up in value?
“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. But perhaps the real art installation didn’t arrive until after the piece was sold.
How much does the Balloon girl cost?
Out of the bin
“Love is in the Bin,” formerly called “Girl With Balloon,” has an estimated selling price of $6 to 8 million (€5 to 7 million). After the sale of the original canvas in 2018, the painting began to self-destruct in a shredder hidden in its frame moments after bidding ended.
Where does the money for Banksy’s art go?
After the closing of Pictures On Walls (POW), Banksy started selling his art on Pest Control, a website dedicated to verifying alleged Banksy artworks. Pest Control is the sole point of sale for Banksy’s new artwork.
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.
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.