Full price for shred­ded art

The West Australian - - WORLD -

The buyer of a Banksy paint­ing that was par­tially shred­ded at an auc­tion has agreed to pro­ceed with her pay­ment of £1.04 mil­lion ($1.9 mil­lion) de­spite the dam­age to the art­work.

“When the ham­mer came down last week and the work was shred­ded, I was at first shocked, but grad­u­ally I be­gan to re­alise that I would end up with my own piece of art his­tory,” auc­tion house Sotheby’s quoted the bid­der as say­ing on Thurs­day.

The buyer of the 2006 work Bal­loon Girl, iden­ti­fied only as “a fe­male Euro­pean col­lec­tor and a long-stand­ing client of Sotheby’s”, had de­cided to con­tinue with the pur­chase at the orig­i­nal price.

Banksy said he had se­cretly built a shred­der into the out­size gilt frame of the pic­ture, ac­ti­vat­ing it as the auc­tion closed on Oc­to­ber 5. The art­work has since been re­named Love is in the Bin and cer­tifi­cated by Pest Con­trol, a com­pany run by Banksy, who keeps his iden­tity se­cret.

Banksy posted a video of the shred­ding on his web­site, lead­ing to spec­u­la­tion that he per­son­ally at­tended the auc­tion.

Pic­ture: AP

Banksy’s Girl with Bal­loon is shred­ded at Sotheby's as bid­ders look on.

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