“If I was the collector that paid the money, on the night I would have been very shocked, but looking back in hindsight right now, I think I’d keep that piece of work. “It may well be one of the first works to be worth more destroyed than it is whole,” Lazarides said. As a result, he reasons, Girl With Balloon is more valuable because it will retain its original value, while gaining the patina of a performative act now known around the world.
It was an act perpetrated solely by Banksy as an extension of his long history of punking the powers that be with his art, he said. Still, Steve Lazarides, the dealer credited with launching Banksy’s market in the 2000s after first meeting him in the 1990s, said he believes that Sotheby’s had nothing to do with the shredding. There’s a low probability such a device could get past Sotheby’s inspectors. Sotheby’s wouldn’t comment further, apart from insisting its top brass had no prior knowledge of the stunt-a stance that is becoming less believable according to commentators, who point to the logistics of installing a shredder in a frame.
#BANKSY BALLOON GIRL SHRED VIDEO SERIES#
As the thinking went, if the Banksy series was already well-known-the original stencil topped a 2017 poll of the best-loved work of British art-an event that Sotheby’s called in a release an “unexpected incident” and “instant art world history” would only make the work more valuable. “One could argue that the work is now more valuable,” Sotheby’s Alex Branczik said after the sale. Was this a brazen act of sabotage or a clever stunt that may add millions to the work’s value if it were to go back on the market? Given the fact that the work is seriously damaged, it’s perhaps no surprise that opinions were mixed. A video that Banksy posted to his Instagram account has been viewed more than 10 million times in a matter of days. Seconds later, the small canvas with a blood-red balloon slid through a shredder the artist had secretly installed in the frame, emerging in strips. It hammered at £860,000, or slightly over £1 million with fees. Clients on the phone pushed it beyond the high estimate of £300,000. His Girl with Balloon was originally stenciled on a wall in east London and has been endlessly reproduced, making it one of Banksy's best-known images.On Friday night at Sotheby’s New Bond Street salesroom in London, auctioneer Oliver Barker opened bidding on Banksy’s Girl With Balloon (2006) at £100,000. His mischievous and often satirical images include two policemen kissing, armed riot police with yellow smiley faces and a chimpanzee with a sign bearing the words, "Laugh now, but one day we'll be in charge."
He began his career spray-painting buildings in Bristol, England, and has become one of the world's best-known artists.
#BANKSY BALLOON GIRL SHRED VIDEO FULL#
People milling about sipping champagne and nibbling hors d'oeuvres are next up, including some standing in front of the painting. The auction and partial shredding are shown, as is the work being taken off the wall at Sotheby's and carried out of the room.īanksy has never disclosed his full identity. The nearly three-minute long video is titled, Shred the Love, the Director's cut. It shows hands and a hooded figure (Banksy is fond of hoodies) constructing the mechanism in a studio space, then it rolls on to the outside of Sotheby's before the auction.
Surveillance video shows man stealing Banksy artwork from Toronto show.
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