Oct 11, 2018

By Michael Kramer

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Sotheby’s says the winning bidder for a rare Banksy painting that self-destructed during an auction last week – has decided to go through with the purchase.

The auction house says a female European collector was the successful bidder who offered $1.8 million dollars for “Girl With Balloon.”

Just after the hammer came down, and to the stunned shock of those in the room – the bottom half of the work passed through a shredder – which was concealed in the frame.

Sotheby’s says the painting has been retitled “Love is in the Bin” and authenticated by Banksy’s art handling service – the Pest Control Agency.

The head of contemporary art for Europe at Sotheby’s – says it is “the first artwork in history to have been created live during an auction.”

The buyer’s identity was not revealed.

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