Oct 11, 2018
By Michael Kramer
The auction house says a female European collector was the successful bidder who offered $1.8 million dollars for “Girl With Balloon.”
Just after the hammer came down, and to the stunned shock of those in the room – the bottom half of the work passed through a shredder – which was concealed in the frame.
Sotheby’s says the painting has been retitled “Love is in the Bin” and authenticated by Banksy’s art handling service – the Pest Control Agency.
The head of contemporary art for Europe at Sotheby’s – says it is “the first artwork in history to have been created live during an auction.”
The buyer’s identity was not revealed.