Banksy's Love is in the Bin sells for record £16m

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A Banksy creation involution which saw a coating self-shred aft it was sold for much than £1 cardinal successful 2018 has been bought for £16 million.

The anonymous British artist's spectacle, Love is successful the Bin, constituted the unrecorded destruction of his 2006 coating of Girl with Balloon.

It went nether the hammer astatine Sotheby's successful London again connected Thursday evening.

According to the brokers it is "the archetypal artwork successful past to person been created unrecorded during an auction".

'The eventual Banksy artwork'

In keeping with his irreverent guerrilla style, Love is successful the Bin saw Banksy poke amusive astatine the creation world.

Sotheby's modern creation president Alex Branczik said the stunt "did not truthful overmuch destruct an artwork by shredding it, but alternatively created one".

"Today, this portion is considered heir to a venerated bequest of anti-establishment art," helium added, labelling it arsenic "the eventual Banksy artwork and a existent icon of caller creation history".

Media caption, The anonymous creator uploaded a video of the demolition onto Instagram but soon deleted the post

Back successful 2018, moments aft the hammer fell astatine the auction, alarms sounded and the canvas dropped done a hidden shredder built into the bottom.

The unnamed European pistillate who bought the portion said: "At archetypal I was shocked, but I realised I would extremity up with my ain portion of creation history."

'One of the astir important artworks'

Former BBC arts exertion Will Gompertz wrote astatine the clip that helium believed Love is successful the Bin would spell connected to beryllium seen arsenic "one of the astir important artworks of the aboriginal 21st Century".

"It is not a large coating that tin beryllium compared to a precocious Rembrandt, oregon a sculpture to beryllium alongside Michelangelo's David, but successful presumption of conceptual creation emanating from [Marcel] Duchamp's Dadaist sensibility, it is exceptional," helium added.

"It was superb successful some conception and execution."

"What is Love is successful the Bin?" helium asked. "Is it a painting? Or, is it present a portion of conceptual art? Or should it beryllium classified arsenic a sculpture? Or is it rubbish?

"Who decides? Who knows? Duchamp would accidental it is up to you to decide."

The portion had been connected imperishable indebtedness to the Staatsgalerie Stuttgart depository successful Germany since March 2019.

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