Banksy painting which shredded itself is going back up for auction

The Girl With Balloon artwork attempted to self-destruct immediately after being sold at auction for £1,000,000 (Picture: PA)

Three years ago Banksy had the whole world watching yet again when he played a prestigious auction house full of art collectors as a fool.

The anonymous street artist stunned bidders in 2018 when his famous Girl With Balloon painting sold for £1.1 million at Sotheby’s in London.

But instead of following standard procedure the artwork immediately attempted to self-destruct, with the canvas passing through a secret shredder hidden in its frame.

The bottom half of the painting was left in tatters, with only a single red balloon left on the remaining background.

Posting a picture of the moment on Instagram, Banksy wrote: ‘Going, going, gone…’

The 2006 piece was shown dangling in pieces from the bottom of the frame.

‘It appears we just got Banksy-ed,’ said Alex Branczik, Sotheby’s senior director and head of contemporary art in Europe.

The sale however did go ahead, and the radically altered painting was put on display at Sotheby’s New Bond Street gallery shortly after the shocking event.

Embargoed until 12:00 Friday September 3rd. Art handlers at Sotheby's auction house with Banksy's 'Love is in the Bin', which self-shredded immediately after it was sold at auction for ?1,042,000, before it returns to auction at Sotheby's, London, with an estimate to fetch between ?4 to ?6 million. Picture date: Friday September 3, 2021. PA Photo. See PA story SALE Banksy. Photo credit should read: Dominic Lipinski/PA Wire

Art handlers at Sotheby’s auction house pictured with Banksy’s Love Is In The Bin (Picture: PA)

But it seems no one has learnt from their mistake of auctioning it off before – and this October it will go back under the hammer.

Appearing at Sotheby’s once again, the retitled Love Is In The Bin has an estimated selling price of between £4 million and £6 million.

Girl With Balloon, which portrays a child reaching up toward a heart-shaped red balloon, was originally stencilled on a wall in Great Eastern Street, London and has become one of Banksy’s best-known images.

Banksy is a Bristol-born artist whose true identity – despite rampant speculation – has never been officially revealed.

The artist rose to prominence through a series of satirical graffiti pieces that appeared on buildings across the UK.

He often makes anti-establishment statements, one of which included the opening of Dismaland, a dystopian version of Disneyland, in 2015.

He described it as a ‘family theme park unsuitable for children’.

Love Is In The Bin will be offered at auction on October 14. We wonder what Banksy has come up with this time…

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