Categories: Auctions

Banksy Painting Spontaneously Shreds Itself Moments After Selling for $1.4 Million at Sotheby’s

It was 2003 when Banksy, following a record-breaking auction result for one of his canvases, created a harsh critique of the art market widely known as the Morons image. The photograph was taken from the legendary 1987 Christie’s auction where Van Gogh’s Sunflowers(originally titled Tournesols) broke the record for the most expensive painting at auction when it sold for $39.9 million. In Banksy’s interpretation, the elusive artist replaced the painting by the Dutch master with a text saying “I can’t believe you morons actually buy this s***.” A few years later the image was released as an unsigned edition at the Banksy’s 2006 Barely Legal show in LA, and it resurfaced every time a copy of the Morons print sold at auction.

Banksy has now become a household name, and that his work achieves strong prices at major auctions is no longer a curiosity or exception. When Sotheby’s announced that a final lot of their Contemporary Art Evening Auction on the Friday night of 2018 Frieze week in London would be a previously unseen version of Banksy’s arguably most iconic image, Girl With Balloon, the art world was ready for another exceptional result. The painting on canvas was presented in an exceptionally thick and ornate frame, and sold for 1,042,000 GBP (1,357,726 USD including premiums) which matched the artist’s previous auction record from 2008. The real sensation, however, came moments after.

As the auctioneer was rounding up the evening and saying thank you and goodbye, an alarm went off and the canvas began to slide out of the bottom of the frame in strips. It seems that the artist built a shredder inside the thick frame that would allow the painting to self-destruct when triggered. At this point, it is unclear how the auction house could have allowed such a stunt, or what legal repercussions this act might have. Once again Banksy has managed to deliver quite the statement to the art market, and all inside the heart of one of it’s strongest and most established bastions. To quote his Instagram post on the surprising incident, “Going, going, gone…”

Image via @jonathancheung92

Helen

Recent Posts

A pure symbiosis “PERFECT STORM” by Fridriks and Kaláb flourishes

with beautiful art and personal endeavors  Venturing into unknown territory, artists Katrin Fridriks and Jan…

8 hours ago

Pushing the Boundaries of Artistic Expression with Twilight’s Tapestry: Traces of Time and Color

Pushing the boundaries of artistic expression, visionary artist Melissa Herrington’s large-scale, abstract paintings blur the boundaries between mediums,…

1 day ago

Alexandre Iakovleff: A Multifaceted Artist and His Journey Through Art

Alexandre Iakovleff (1887-1938) - famous Russian painter, graphic artist, master of drawing, portraitist, author of…

3 days ago

Danish Artist’s Baroque-Style Circus of Animals is Back in the U.S

Drawing inspiration from a wide breadth of sources, including ancient mythology, fairy tales and fables,…

2 weeks ago

Sena Kwon Shapes the Research Realm with Insightful Figures

It is irregular for illustrators to work alongside research and development industries, such as public…

2 weeks ago

Exhibited for the First Time in the U.S. – New Sculptures by Bjørn Okholm Skaarup {April 4 – May 15}

Beginning Thursday, April 4 and running through Thursday May 18, Cavalier Gallery is pleased to present the…

2 weeks ago