Second sale of Banksy's shredded painting sets staggering new record at $25.4 million

Second sale of Banksy's shredded painting sets staggering new record at $25.4 million

Credit: Courtesy of Sotheby's Second sale of Banksy's shredded painting sets staggering new record at $25.4 million The Banksy painting that partially self-destructed at auction three years ago has sold once more, for a staggering £18.5 million ($25.4 million). The new auction for "Love is in the Bin" took place at Sotheby's Contemporary Art evening sale in London on Thursday and became the artist's record, topping the sale of "Game Changer" one year ago. That artwork, which depicted health care workers as superheroes, sold for £16.7 million ($23.1 million) to benefit UK hospitals. "Love is in the Bin," renamed from "Girl with the Balloon," had a high estimate of £6 million ($8.3 million), six times its previous value of £1 million ($1.4 million). The artwork remains half-shredded in its frame, …
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