Banksy’s shredded Love is in the Bin will return to Sotheby’s New Bond Street galleries this October, at four to six times the price. Passing through a hidden shredder just seconds after the hammer fell on a million pound bid, the “nation’s favourite artwork” – Girl with a Balloon – seemingly auto-destructed in 2018 while hanging on the wall in Sotheby’s packed auction room. Capturing the world by surprise, this unexpected piece of performance art became instant art history, making it the first time a new work had been created in the course of an auction.
In the days that followed, the shredded artwork was granted a new certificate and date by Pest Control, Banksy’s authentication body, and given the new title, Love is in the Bin. The collector who had placed the record winning bid on Girl with Balloon decided to keep the new work.* Looking back on the event, she explains: “That surreal evening three years ago, I became the accidental – but very privileged – owner of Love is in the Bin. It has been an incredible journey to have been part of the story of how one of the most famous artworks in the world came to be, but now it is time to let the painting go.”
It will come up at the Contemporary Art evening auction at Sotheby’s in London on October 14 – this time with an estimate of £4-£6 million.
