Banksy’s Love is in the Bin has sold again, three years after it was initially half shredded, when titled Girl with Balloon. In the first sale, it went for £1.04m – just three years later, it raised a whole lot more… £18.6 million!
NOTE: The Banksy sale starts at around 21:40 into this video – skip ahead to see this piece go under the hammer and raise over £18m for it’s vendor.
The hammer fell this time for £16million, which, when commissions were added in, added up to a purchase price of just over £18m, or almost $25m USD.
The Independent published this video item, entitled “Watch again: Banksy’s ‘Love is in the Bin’ sells at auction” – below is their description.
A Banksy artwork that half-shredded itself has sold for £18.6 million – four times its estimate.
Art-lovers were shocked when the then-titled ‘Girl with Balloon’ was sucked into a concealed shredder as the hammer fell following a bid of £1.04million pounds at a 2018 auction at Sotheby’s three years ago.
Re-named ‘Love is in the Bin’ by the anonymous street artist, the picture returned for sale today with a price estimate of up to £6million.The Independent YouTube Channel
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