Buyer of shredded Banksy work goes through with deal

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To mark the fact that the work, after its transformation, is now an entirely new piece, Banksy has renamed the painting.

The painting "Girl with Balloon" was passed through a shredder hidden in the frame just after it went under the hammer last week for £1,042,000 ($1.4 million, 1.2 million euros).

Darren Julien, president of Julien's Auctions, said: "We can't guarantee that our four Banksy's will automatically shred or explode but they will sell to the highest bidder".

On October 5, anonymous street artist and art-world prankster Banksy shocked onlookers at Sotheby's (and subsequently the world) when the artist's beloved "Girl with Balloon" was sold at its London auction for the equivalent of over $1.2 million then proceeded to "self-destruct".

Banksy himself posted an Instagram picture of shocked attendees watching the painting disintegrate last week, with the caption: "Going, going, gone".

It might now be worth "more than two million euros", he suggested.


After a week of negotiations, the winning telephone bidder - which the auction house described in an Instagram post as a "long-standing client" who is a "female European collector" - is going through with her purchase at its original price.

The buyer said the creation of the work was a seminal event.

Banksy's painting Girl with Red Balloon was shredded after its sale at a Sotheby's auction in London.

His official authentication body, his company Pest Control, has recertified the work and granted it a new certificate.

Sotheby's, which boasts that the new work "was created in our salesroom", is now calling the piece "the first work in history ever created during a live auction".

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