The art of glow... and glory
Three years after shredding itself the moment it sold at auction, a painting of a young girl holding a red heart-shaped balloon by elusive British artist Banksy is going back under the hammer next month with a price tag of up to $8 million.
Onlookers gasped after the bottom half of the then titled “Girl with Balloon” was sucked into a shredder hidden in its frame as the hammer fell following a bid of 1,042,000 pounds at an October 2018 auction at Sotheby’s in London.
The buyer proceeded with the purchase and the artwork, since authenticated as a work in itself and renamed “Love is in the Bin”, is being offered for sale with a price estimate of 4 million - 6 million pounds ($5.54 million - $8.31 million).
“It’s gone up tremendously, nearly four times, obviously, since that last time. But I think also in the interim, Banksy’s market commercially has also grown exponentially,” Oliver Barker, Sotheby’s European chairman, told Reuters.
“It’s very rare to find an artwork by any artist, which is truly the icon not only of that artist, but actually in the art world itself.”
In March, a Banksy painting showing a boy playing with a toy nurse as a superhero sold for more than $20 million, setting an auction record for the artist.
“Love is in the Bin” will be displayed at Sotheby’s in London before travelling to Hong Kong, Taipei and New York and returning to the British capital for the October 14 sale.
The art of glow... and glory
March being the World Endometriosis Awareness Month, we attempt to decode the not-so-widely understood condition that condemns its sufferers to a life of unbearable pain
UAE resident shares why she chose the 2020 Nissan Altima to be her road companion
Here are some landmarks that make the visit so much more worthwhile
Now calling a child or youngster “chubby” can be demeaning to them, for even an eight-year-old knows all about body-shaming
shashi tharoors world of words
When someone boasts he is “ahead of the curve”, in other words performing better, earlier or faster than the competition, that expression also has its roots in flying
The next twelve-month dividend yield is 5% with reference to IPO share price of Dh2.48 per share
Azam Nazeer Tarar says the decision was taken at a meeting between Prime Minister Shehbaz Sharif and Chief Justice of Pakistan Qazi Faez Isa