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But Banksy was doing something that has not been discussed yet, and that is transforming a spray-painting, which Banksy makes by simply spraying through a stencil, and for which there are multiple versions of any one painting (making it effectively more like a print than a one-off painting in the traditional sense), into a unique work. It's unclear what will happen to the famous painting now that it's been turned to thin strips. One aspect of the story that has been almost completely ignored is that the work was only partially shredded. He did so through a work of performance art. At least, that’s what most major media coverage of the anonymous artist’s prank would have you believe. His latest is a doozy, but it is also a completely brilliant way to quickly and artificially inflate the value of his own art, though any psychologist studying him would be quick to say that he is in it not for the money but for the laughs. In another .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-decoration-thickness:1px;text-decoration-thickness:1px;-webkit-text-decoration-skip-ink:none;text-decoration-skip-ink:none;text-underline-offset:0.25em;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{-webkit-text-decoration-color:currentcolor;text-decoration-color:currentcolor;-webkit-text-decoration-thickness:2px;text-decoration-thickness:2px;color:#B80000;}}Instagram post, Banksy explained why he built the frame. Banksy’s Girl With Balloon was the last item in the auction at Sotheby’s in London.Soon after the hammer came down on the item, the painting started to pass via a shredder fitted inside the frame. The image went so mainstream that in 2017 it was voted Britain’s favorite artwork. Professor of Philosophy, University of Antwerp. Presumably, the owner of this newly-shredded, newly-purchased painting took possession of the shredder frame and the dozens of long vertical slices that now represent the carcass of the work and will reassemble them into a unique work by one of the hottest artists in the world. Banksy, who has never disclosed his full identity, began his career spray-painting buildings in Bristol, England and has become one of the world's best-known artists. As soon as the hammer fell, an alarm sounded within the gilded frame of the painting and it began to shred, dropping slowly down through a shredder that was hidden within the frame of the print that was a displayed on the wall in the auction room. Works of art that are the subject of controversy, especially those stolen or attacked, see a sharp rise in value, thanks to the notoriety and media emerging from such misadventures. https://www.cnn.com/style/article/banksy-video-girl-with-balloon/index.html It hammered at £860,000, or slightly over £1 million with fees. The video showed someone in a hoodie installing the device, before another caption, saying: "In case it was ever put up for auction.". "He is arguably the greatest British street artist, and tonight we saw a little piece of Banksy genius," he said immediately after the incident, according to The Art Newspaper. The photo appears to have been first tweeted by an attendee at the auction who said an alarm sounded just as the frame began to shred the canvas. This content is currently not available in your region. "It appears we just got Banksy-ed," said Alex Branczik, Sotheby's senior director and head of contemporary art. The auction house has not revealed the identity of the new owner, saying only that she is a "long-standing client of Sotheby's". Sotheby's said it was the first time in auction history that such a thing had happened. It had sold for $1.4 million, matching a record for the artist first set in 2008. It was nothing short of an emotional ode to the art markets. We have examined his identity, almost certainly one half of the famous musical act Massive Attack, in a past column, and he is known for his graffiti art, his tongue-in-cheek sleights of hand (consider his documentary entitled "Exit Through the Gift Shop"), and his recent large-scale installation, "Dismaland," a functional horrifying worst-amusement-park-ever conceptual work that is unique in its scale and interactive three-dimensional satire. In fact, it’s the exact opposite. © 2020 BBC. By definition, works that appear as multiples in a series are of less value than unique works, because they are less rare — there are X number of them, instead of just one. A contemporary artist trending on Twitter is not something that happens very often. We use cookies and other technologies to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests. It can also leave relics that collectors love to snap up. Or maybe he just wanted to screw around -- you never know with Banksy. All rights reserved. .css-8h1dth-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-8h1dth-Link:hover,.css-8h1dth-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. VideoAre white women voters wavering on Trump? Another Banksy painting, Happy Choppers, sold at a Sotheby's auction in New York on the same day. Banksy's latest performance piece -- which saw him remotely shred his $1.1 million Girl with Balloon canvas seconds after it sold at auction -- captivated the world. Reproduction of material from any Salon pages without written permission is strictly prohibited. If this was Banksy's real intention, it's not a huge surprise it went awry. On the one hand yes, but on the other hand, he was doing the buyer a great favor. Performance art is only enjoyed by those physically there to see it. The winning bidder on Banksy’s Girl with Balloon offered at Sotheby’s last Friday has confirmed their decision to acquire the new work that was created that night, as part of … The 'Girl with Balloon' painting by artist and prankster Banksy appeared to self-destruct after selling for $1.4 million at a Sotheby's auction in London. Sotheby's has confirmed the final price of £1,042,000 will be paid in full by the new owner. People of moderate wealth who wish to buy into trendy art can afford a Banksy (his paintings, like this one, are usually sold in the mid-six figures, and his prints sell for the low five figures, which is a very reasonable amount of money, in high-end art terms). That’s because Banksy didn’t actually pull a prank on the art markets at all—the anonymous artist did it a huge favor. This event was talked about and retweeted by people who have never seen a Banksy image in their life. Our emails are made to shine in your inbox, with something fresh every morning, afternoon, and weekend. Banksy artwork self-destructs after selling for $1.4 million, according to international auction house Sotheby's, Banksy takes aim at refugee crisis with new Paris artworks. Please enable cookies on your web browser in order to continue. A framed print of the mural shredded itself after being auctioned for $1.4 million dollars. News outlets have speculated about whether the new owners of the artwork are obliged to actually pay this amount. So the “shredded” work is, in fact, still in one piece, ready to be exhibited in a gallery or sold at another auction. The BBC is not responsible for the content of external sites. And not just that. "We have not experienced this situation in the past where a painting spontaneously shredded, upon achieving a record for the artist," Branczik said. "We are busily figuring out what this means in an auction context.". However, it seems that the trick went wrong –- the canvas was supposed to be destroyed entirely. "Girl With Balloon," which depicts a small child reaching up toward a heart-shaped red balloon, was originally stenciled on a wall in east London and has been endlessly reproduced, becoming one of Banksy's best-known images. The European woman who bought the piece, who does not want to be named, said: "At first I was shocked, but I realised I would end up with my own piece of art history.". By clicking “I agree” below, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platforms. We rely on readers like you to uphold a free press. On Friday, a Banksy painting titled “Girl with Red Balloon” was being auctioned at Sotheby’s in London. What had the buyer acquired and would he be forced to pay for it? Quartz is owned by Uzabase, the business intelligence and media company. Jacinda Ardern's key leadership moments. A post shared by Banksy (@banksy) on Oct 5, 2018 at 6:45pm PDT. Copyright © 2019 Salon.com, LLC. Known for his controversial work, from criticizing anti-migrant attitudes to the Israel-Palestine conflict, he also has a penchant for elaborate pranks. But this is no anti-capitalist gesture. Video. Moments after a Banksy painting sold at a Sotheby’s art auction for over £1 million, the artwork self-destroyed via a shredder hidden at the bottom of the frame. Banksy's latest performance piece -- which saw him remotely shred his $1.1 million Girl with Balloon canvas seconds after it sold at auction -- captivated the world. What was he trying to say? Are white women voters wavering on Trump? Pretty clever, right? And so making prints and multiple spray-paintings allows for a democratization and enhanced quantity of potential collectors. $1,300,000 BANKSY artwork piece just “self-destructed” right after it was sold at Sotheby’s auction!(An alarm sound went off and the frame began to shred the art piece.) These are the core obsessions that drive our newsroom—defining topics of seismic importance to the global economy. They would be really stupid not to. These are some of our most ambitious editorial projects. The original framed artwork was “Girl With Balloon,” an iconic but somewhat tired image, ... the American Constitution half-shredded. Moments after the hammer fell at the auction on Friday, alarms sounded and the canvas dropped through a hidden shredder built into the bottom. Covid symptoms: What are they and how do I protect myself? The original framed artwork was “Girl With Balloon,” an iconic but somewhat tired image, of which there are many copies. The spray-painted canvas "Girl With Balloon" slid through a shredder embedded in the frame, emerging out the bottom in strips as the final hammer signaled an end to the evening, according to international auction house Sotheby's. Banksy was the number-one global Twitter trend for hours during what was not exactly a slow news week. It is a new and all the more valuable work of art, a unique document of an exciting moment in contemporary art history. The artwork was allegedly given to its previous owner back in 2006, so 12 years is a long time for a built-in shredder, batteries and radio to sit in wait for a one-time use. This kind of global exposure is worth a lot of money. Kick off each morning with coffee and the Daily Brief (BYO coffee). Hard to say, although we do know that the half-shredded canvas is now worth considerably more as a result of the stunt. 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