He rose to fame with graffiti that appeared on buildings across the UK, often marked by deeply satirical undertones.
Originally titled 'Girl with Balloon,' the canvas passed through a hidden shredder seconds after the hammer. LONDON A Banksy picture which was half sliced by a shredder concealed in its frame when it was sold at auction fetched 18.6 million pounds (25.4 million) when it went back under the hammer in. The nearly three-minute long video is titled, Shred the Love, the Directors cut. The nearly 3-minute long video is titled, 'Shred the Love, the Directors cut. The true identity of the Bristol-born artist has never been officially revealed despite wide speculation. Banksys 'Love is in the Bin' is unveiled on October 12, 2018, at Sothebys in London. The 2006 gallery version featured spray paint and acrylic on canvas, mounted on a board. Girl With Balloon, which was last year voted the UK’s best-loved work of art, first appeared on a wall in Great Eastern Street in Shoreditch, east London. “This is now part of art history in its shredded state and we’d estimate Banksy has added at a minimum 50% to its value, possibly as high as being worth £2m plus.” “The auction result will only propel this further and given the media attention this stunt has received, the lucky buyer would see a great return on the £1.02m they paid last night. The stencil depicts a girl hugging a large Bomb. Banksy has revealed that his partial shredding of an artwork during a Sothebys auction did not go to plan and that the painting was instead meant to be completely destroyed. Image was found on the wall in Bristol, Britain. In a Directors half cut uploaded on YouTube, Banksy revealed the secret shredding mechanism he had installed inside the frame of a copy of Girl With Balloon. “Prices now are regularly exceeding £115,000 for signed authenticated prints,” said its co-founder Joey Syer. Banksy said in a statement about wall essentially turns Palestine into the world’s largest open prison Bomb Hugger.
The website, which resells Banksy pieces, said Girl with Balloon had enjoyed annual increases in value of about 20% in recent years.
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