The Banksy, which sensationally destroyed itself three years ago, immediately after being sold at Sotheby's in London for a million pounds, goes (but it could be said back) up for auction.
"Love is in the Bin" will return to the Bond Street galleries in October with a starting estimate that is four to six times higher than in 2018. Added value of the intervention of Graffiti's Red Primrose Art? Three years ago the mysterious writer whose identity is still unknown, had put in place a prodigious demonstration of his intolerance towards the art establishment by causing his iconic "Girl With Balloon" to be reduced by half to lowercase strips from a mechanism hidden in the frame.
"We have just been Banksyzzati," said Alex Branczik, senior director of Sotheby's, speaking immediately after the incident. "Taking the world by surprise, this unexpected piece of performance art immediately entered the art history manuals: for the first time a new work had been created during an auction", Sotheby's wrote today announcing the sale of the October 14. In the days following the 2018 auction, the semi-destroyed canvas received a new authentication certificate from Pest Control, the official register of Banksy's works, and a new title. When a work is damaged while in auction house custody, the buyer is not expected to honor the purchase, but the "European collector"and longtime Sotheby's customer who had staked the million pounds had decided to keep the picture.
"Three years ago, on that very surreal evening, I became the casual - but very lucky - owner of a new work. It was an incredible journey to be part of the story of how one of the most famous works of art was created. world famous, "he said today, maintaining his anonymity.
