
Unsurprisingly, bidding was intense and the hammer came. "This is now part of art history in its shredded state and we'd estimate Banksy has added at a minimum 50 percent to its value, possibly as high as being worth £2 million plus. LONDON, Oct 14 (Reuters) - A Banksy picture which was half sliced by a shredder concealed in its frame when it was sold at auction fetched 18.6 million pounds (25.4 million) when it went back. And the last lot of the sale was Banksy’s 2006 Girl with Balloon, which was last year named in one survey as the UK’s favourite artwork. "The auction result will only propel this further and given the media attention this stunt has received, the lucky buyer would see a great return on the £1.02 million they paid," he said. Syer also said the buyer shouldn't be disappointed, as the piece of art is now worth even more. "Prices now are regularly exceeding £115,000 ($150,937) for signed authenticated prints," he said. co-founder Joey Syer told The Guardian that Banksy works of art are increasing in value, year after year. John Brandler, director of Brandler Art Galleries, told the BBC that Banksy is "the ultimate publicity artist," calling the stunt "absolutely brilliant." In a video posted after the incident, Banksy shows how he built a custom. Banksy’s street art can be found worldwide on walls, streets, and bridges. The piece was a classic Banksy motif known as Girl with Balloon, created using spray paint on canvas back in 2006.

Banksy’s artwork combines stenciled images with social commentary in a satirical yet dark manner. 'In rehearsals it worked every time.' A new Banksy video shows the artist's headline-grabbing stunt did not go entirely to. B anksy is a somewhat enigmatic character, known for his street art, political views, and films.

"It appears we just got Banksy-ed," Alex Branczik, Sotheby's senior director and head of contemporary art in Europe, said, according to the BBC. Banksy reveals he meant to shred entire 1m Girl With Balloon painting. It shows footage of an identical-looking. Sharing the video on Instagram, the artist included the caption: "'The urge to destroy is also a creative urge' - Picasso." However, a new video, posted on Banksy's website Wednesday, implies that the 2006 painting 'Girl with Balloon' was supposed to be entirely destroyed. "The urge to destroy is also a creative urge" - PicassoĪ post shared by Banksy on at 10:09am PDT
