web analytics

Banksy piece sells at auction for record price, then shreds itself

Written By: - Date published: 9:08 am, October 7th, 2018 - 29 comments
Categories: capitalism, Media, youtube - Tags:

In my personal opinion the English artist Banksy is one of the best artists of our time.

His art captures the absurdity of our times and is trenchantly anti corporate. It focusses on ordinary people and ordinary scenes but adds in an element of pathos.

His identity is unknown. Despite his potential ability to attract huge attention and wealth he shuns publicity and instead concentrates on his art.

Some of his art is contained in this video.

He has attracted recent attention by building a shredder into one of his pieces and having it self destruct at the moment of sale for a record price.

Jill Lawless at boston.com has the details:

Art prankster Banksy has struck again.

A work by the elusive street artist self-destructed in front of startled auction-goers on Friday, moments after being sold for 1.04 million pounds ($1.4 million).

The spray-painted canvas “Girl With Balloon” went under the hammer at Sotheby’s in London, fetching more than three times its pre-sale estimate and equaling a record price for the artist.

Then, as an alarm sounded, it ran through a shredder embedded in the frame, emerging from the bottom in strips.

A post on Banksy’s official Instagram account showed the moment — and the shocked reaction of those in the room — with the words “Going, going, gone…”

And here is the video:

Lawyers will have a field day. I presume that Banksy owned the piece and that it had not as yet been paid for.  But a bigger fuck you to wealthy art collectors could not be imagined.

29 comments on “Banksy piece sells at auction for record price, then shreds itself”

  1. Sanctuary 1

    Probably worth more now. It’s a one off!

    • AB 1.1

      Most likely – piece the strips together in a way that clearly shows that it’s been shredded, while retaining some sense of the original image. The famous shredded Banksy will be worth double at least.
      The only way to stop this sort of speculative insanity is to shred everyone in the room – but then I abhor violence.

  2. veutoviper 2

    Absolutely brilliant! I cannot stop watching this and laughing.

    • Sanctuary 2.1

      To the credit of some of the people in the room, they laughed when they knew they’d been outfoxed.

      Sucks to be the seller or buyer though. I wonder what the legal position is. it had been sold, but the buyer had not yet taken possession.

      I would guess Sotherby’s might legally be in the hole – the auction was concluded, so the seller should get their money.

      The buyer meanwhile had not yet taken possession.

      I guess the small print will be read with great interest by the lawyers of all parties!

      • veutoviper 2.1.1

        Yes, it really is a legal dilemma as a sale had basically been entered into! If Sotheby’s is the one caught out I will laugh even harder.

        BUT what I want to know is HOW.

        Yes, I’ve seen Banksy’s video of making the shredder but HOW was it activated?

        Was Banksy in the room for the sale?

        What sort of device was it, taking into account that this one was “a 2006 copy of the artwork”?

        Quote from the Wikipedia entry which has already been updated.
        https://en.wikipedia.org/wiki/Balloon_Girl

        So many questions, so few answers …

        • Dennis Frank 2.1.1.1

          Just saw it on the evening tv news, very clever performance art! Since the tv camera captured the shredding as it started, zooming in over audience heads, seemed like it was immediately after the close of the sale.

          So if the artist wasn’t present, a collaborator was, perhaps texting the artist “sold”, and the remote control signal was sent. Hiding the shredder in the frame of the picture was a cool combo of art & craft. Reporter said the value of the artwork doubled immediately. Shredding seemed to stop about two-thirds of the way, which largely preserves structural integrity (dangling vertical strips) – wouldn’t surprise me if that was intentional, to mollify the buyer. Smart.

    • Anne 2.2

      I loved the way the auctioneer swiftly had the painting removed and directed everyone to move on – nothing to see here folks. It’s all a mirage. 😆

  3. Sacha 3

    Banksy’s short video of him preparing the shredder frame: https://www.instagram.com/p/BomXijJhArX/?taken-by=banksy

  4. SaveNZ 4

    Great artist

  5. Stunned Mullet 5

    brilliant

  6. Brian Tregaskin 6

    Robert Del Naja (aka 3D from British trip-hop band Massive Attack) is rumoured to be Banksy

    CMV: Banksy’s real name is Robert Del Naja, and he is the singer of Massive Attack. from changemyview

    Both started their careers in Bristol: Robert Del Naja was born in Bristol and between 1983-1989, he performed with the Bristol-based band The Wild Bunch. Banksy’s origin is unknown, but he started his career with freehand graffiti art as part of Bristol’s DryBreadZ Crew in the 1990s.
    Both have similar art styles: Robert Del Naja is a well-known visual artist who brought the stencil graffiti movement to Bristol. Banksy is an even more well-known graffiti artist who frequently uses stencils. Others have noted similarities in their art styles.
    Both claim to be friends with each other: Robert Del Naja has told the Daily Mail that Banksy is a “mate” who has “been to some of the [Massive Attack] gigs”. Banksy wrote the intro to Robert Del Naja’s book “3D & the Art of Massive Attack”, where he cites Robert Del Naja as an inspiration.
    Both have connections to Portishead’s Geoff Barrow: Geoff Barrow interned at Bristol’s Coach House studio at the same time a Massive Attack album was recorded, and the two men organised a charity concert in Bristol for Tsunami Relief in 2005. George Barrow produced the entire soundtrack to Banksy’s “Exit through the Gift Shop”.
    New Banksy murals appear in cities where Massive Attack perform: Journalist Craig Williams has noted at least six instances where a Banksy mural has appeared shortly before or after a Massive Attack performance in the same city, which helped spark this entire theory.
    In an interview, musician Goldie, who knows Robert Del Naja, accidentally calls Banksy “Robert” (with an awkward pause afterwards):

    http://www.balkaninsight.com/en/article/massive-attack-make-waves-with-political-show-in-romania-07-25-2018
    Massive Attack Concert Makes Political Waves in Romania
    Anti-government slogans were displayed at a Massive Attack concert on Tuesday in Bucharest – another sign of how music festivals have become popular venues for protest against the ruling party.
    British trip-hop band Massive Attack made waves in Bucharest after displaying messages supporting Romania’s anti-corruption activists at a concert on Tuesday night in the capital.

    Some of the lines displayed on giant screens were political messages on global issues such as immigration and racism.

    But they also featured slogans used by Romanian anti-corruption protesters, who have taken to the streets to denounce legislation that they say threatens the rule of law.

    One line shown at the concert was “At night, like thieves” – slogan used by anti-corruption protesters against a government decree adopted on January 31, 2017 at a late-night meeting.

    Another was “Budget rectification: City Hall directs 10 million to the People’s Cathedral” – referring to the sensitive topic of public funding for a costly Orthodox Christian cathedral in Bucharest, scheduled for inauguration in December 2018.

  7. Siobhan 7

    really???…someone had already purchased the painting, and was now on selling it.

    It never came withthe condition not to onsell.

    Anonymous seller, Anonymous buyer.

    Of a Banksy in a gilt frame.

    It wasn’t a piece of street art that had been pilfered and privatized by the elites.

    This seems very much a publicity stunt for the amusement of the art buying class.

    I’m sure they will be terribly amused by that naughty little banksy for at least a week…

  8. AsleepWhileWalking 8

    Lol
    ..lol

    “sorry, could I have your attention”

  9. mary_a 9

    Ha ha genius Banksy giving 🖕 to the vulgar elites. Love it.

  10. Incognito 10

    Brilliant!

    This work of art in motion has masterfully drawn in a global audience that is now an intrinsic and indefinite part of this piece to spread a powerful message or two; it is so much more than a publicity stunt or a one-finger salute.

    The symbolism of the Balloon Girl that gets shredded is no coincidence IMO; humanity is shredding itself in the pursuit of money, prestige, power, etc.

    Art is essentially only about meaning, not about the price it fetches at a so-called art auction. The paradox is that we give meaning to money, for example, which is intrinsically worthless, and we should shred this. Not literally, but the futile pursuit of things that don’t really matter.

    That’s the message & meaning I give this.

    • Anne 10.1

      Imo, on the money Incognito.

      The man is a genius. Up you… you greedy, sycophantic, market driven – as opposed to people driven [insert favourite descriptive expletive here].

    • veutoviper 10.2

      Well said – again. LOL. That seems to be exactly in line with Banksy’s thinking.

      I still want to know the full “How” as per my 2.1.1 above!

  11. greywarshark 11

    I think that there would be the law about something being sold having to be true to its appearance, fit for purpose etc. It was sold as a whole picture. As is. where is, couldn’t apply – it was not supposed to have a defect – disappearing. But as others have suggested it has become an original original and should be left as it is, hung by a photograph of its previous appearance.

    People are desperate to spend their money in a grandiose way. How could they be persuaded to regard humans as works of art, more wondrous than anything ever made by human hand and cough up some of that wad that is blocking the arteries to their hearts?

    Was it an installation, a reverse-installation, a manifestation, or a transformation, or an annihilation?

  12. R.P Mcmurphy 12

    art for arts sake. money for chrissake?

  13. Jimmy 13

    Not really an art guy, but yeah that was cool.

    • Jimmy 13.1

      Sad thing is, it will go for multiple millions more next week, as the shredded Banksy.
      Elite win Again!

  14. Ad 14

    If I was the highest bidder, I would proceed, and buy the shredded work.
    I would then video myself handing the cheque over to Sotheby’s.

    That means as a squillionaire I would have bought Banksy’s concept and put my purchase onto Youtube for playing evermore, and of course owned the physical thing in itself as well.

    Banksy’s Fuck You would thus be countered by a better Fuck You.

Recent Comments

Recent Posts

  • First Police wing to complete training post lockdown
    A new-look Police graduation ceremony to take account of COVID19 health rules has marked the completion of training for 57 new constables. Police Minister Stuart Nash attended this afternoon's ceremony, where officers of Recruit Wing 337 were formally sworn in at the Royal New Zealand Police College without the normal support of ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Government makes further inroads on predatory lenders
    Mobile traders and truck shops must adhere to responsible lending requirements Interest rate cap on high-cost loans Lenders prohibited from offering further credit to an applicant who has taken two high-cost loans in the past 90 days The Minister of Commerce and Consumer Affairs, Kris Faafoi, has signalled an end ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • New survey shows wage subsidy a “lifeline” for businesses, saved jobs
    94% of firms say wage subsidy had positive impact on cashflow 62% of firms say support helped to manage non-wage costs like rent A survey of business that have received the Government’s wage subsidy show it has played a significant role in saving jobs, and freed up cash flow to ...
    BeehiveBy beehive.govt.nz
    8 hours ago
  • Tax changes support economic recovery
    New legislation introduced to Parliament today will support growth and assist businesses on the road to economic recovery, said Revenue Minister Stuart Nash. “The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill proposes that businesses can get tax deductions for ‘feasibility expenditure’ on new investments,” said Mr ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • $4.6 million financial relief for professional sports
    Sport and Recreation Minister Grant Robertson has welcomed the first release of funds from the $265 million Sport Recovery Package announced as part of Budget 2020. Sport NZ has announced that $4.6 million in funding will go to the Wellington Phoenix, NZ Warriors, Super Rugby teams and the ANZ Premiership ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • Critical support for strategic tourism assets
    An iconic New Zealand tourism attraction and the country’s 31 Regional Tourism Organisations are the first recipients of support from the $400 million Tourism Sector Recovery Plan, to help position the sector for recovery from COVID-19, Tourism Minister Kelvin Davis announced today. The plan includes a Strategic Tourism Assets Protection ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Supporting Kiwi businesses to resolve commercial rent disputes
    The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. A temporary amendment to the Property Law Act will insert a clause in commercial leases requiring a fair ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • Prompt payments to SMEs even more urgent
    The Minister for Small Business says new data from Xero highlights the urgency of prompt payment practices to small and medium enterprises as we move into economic recovery. Last month Government ministers wrote to significant private enterprises and the banking industry to request they join efforts by government agencies to ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Free period products in schools to combat poverty
    Young people in Waikato will be the first to have free access to period products in schools in another step to support children and young people in poverty,” Prime Minister Jacinda Ardern said.  During term 3, the Ministry of Education will begin providing free period products to schools following the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Response to charges in New Plymouth
    The Minister of Police Stuart Nash has issued the following statement in response to charges filed against three Police officers this morning in the New Plymouth District Court. “Any incident involving a loss of life in Police custody is taken very seriously. The charges today reflect the gravity of the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Govt boosts innovation, R&D for economic rebuild
    $196 million for Crown Research Institutes $150 million for R&D loan scheme $33 million for Māori research and development opportunities $12 million for the Nationally Significant Collections and Databases $10 million to help maintain in-house capability at Callaghan Innovation New Zealand’s entrepreneurs, innovators and crown researchers will benefit from a ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Temporary changes to NCEA and University Entrance this year
    Further temporary changes to NCEA and University Entrance (UE) will support senior secondary school students whose teaching and learning have been disrupted by COVID-19. “The wellbeing of students and teachers is a priority. As we are all aware, COVID-19 has created massive disruption to the school system, and the Government ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Extended terms for the directors of the Racing Industry Transition Agency
    Minister for Racing Winston Peters today announced that the terms for the directors of the Racing Industry Transition Agency (RITA) have been extended to 30 June 2021. Due to the COVID-19 crisis the transition period has been extended to ensure that the Racing Industry Bill can complete its progress through ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Healthy Homes Standards statement of compliance deadline extended
    The deadline for landlords to include detailed information in their tenancy agreements about how their property meets the Healthy Homes Standards, so tenants can see the home they are renting is compliant, has been extended from 1 July 2020 to 1 December 2020.  The Healthy Homes Standards became law on 1 July 2019. The Standards are ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Criminal Cases Review Commission board appointments announced
    Justice Minister Andrew Little today announced details of further appointments to the Criminal Cases Review Commission. “I am pleased to announce Paula Rose QSO OStJ as Deputy Chief Commissioner for a term of five years commencing on 15 June 2020,” said Andrew Little. “I am also pleased to announce the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Release of initial list of supported training to aid COVID-19 recovery
    The Targeted Training and Apprenticeships Fund (TTAF) will pay costs of learners of all ages to undertake vocational education and training The fund will target support for areas of study and training that will give learners better employment prospects as New Zealand recovers from COVID-19 Apprentices working in all industries ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Emission trading reforms another step to meeting climate targets
    The Emissions Trading Scheme (ETS) will finally start to cut New Zealand’s greenhouse gas pollution as it was originally intended to, because of changes announced today by the Minister for Climate Change, James Shaw. The changes include a limit on the total emissions allowed within the ETS, rules to ensure ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Queen’s Birthday Honours highlights Pacific leadership capability in Aotearoa
    Minister for Pacific Peoples Aupito William Sio says the Queen’s Birthday 2020 Honours List provides an abundance of examples that Pacific people’s leadership capability is unquestionable in Aotearoa. “The work and the individuals we acknowledge this year highlights the kind of visionary examples and dedicated community leadership that we need ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt backing horticulture to succeed
    The Government is backing a new $27 million project aimed at boosting sustainable horticulture production and New Zealand’s COVID-19 recovery efforts, says Agriculture Minister Damien O’Connor. “Our horticulture sector has long been one of New Zealand’s export star performers, contributing around $6 billion a year to our economy. During and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Applications open for forestry scholarships
    Applications have opened for 2021 Ngā Karahipi Uru Rākau – Forestry Scholarships, which will support more Māori and women to pursue careers in forestry science, says Forestry Minister Shane Jones. “I’m delighted Te Uru Rākau is offering Ngā Karahipi Uru Rākau – Forestry Scholarships for the third year running. These ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Excellent service to nature recognised
    The Queen’s Birthday 2020 Honours List once again highlights the dedication by many to looking after our native plants and wildlife, including incredible work to restore the populations of critically endangered birds says Minister of Conservation Eugenie Sage. Anne Richardson of Hororata has been made an Officer of the New ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Wetlands and waterways gain from 1BT funding
    The Government will invest $10 million from the One Billion Trees Fund for large-scale planting to provide jobs in communities and improve the environment, Agriculture Minister Damien O’Connor and Forestry Minister Shane Jones have announced. New, more flexible funding criteria for applications will help up to 10 catchment groups plant ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New fund for women now open
    Organisations that support women are invited to apply to a new $1,000,000 fund as part of the Government’s COVID-19 response. “We know women, and organisations that support women, have been affected by COVID-19. This new money will ensure funding for groups that support women and women’s rights,” said Minister for ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Govt supports King Country farmers to lift freshwater quality
    Healthier waterways are front and centre in a new project involving more than 300 King Country sheep, beef and dairy farmers. The Government is investing $844,000 in King Country River Care, a group that helps farmers to lift freshwater quality and farming practice, Agriculture Minister Damien O’Connor announced today. “Yesterday ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Libraries to help with jobs and community recovery
    A major funding package for libraries will allow them to play a far greater role in supporting their communities and people seeking jobs as part of the economic recovery from COVID-19. “Budget 2020 contains over $60 million of funding to protect library services and to protect jobs,” says Internal Affairs ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Support for arts and music sector recovery
    A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19. Thousands of jobs will be supported through today’s $175 million package in a crucial economic boost to support the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Legislative changes to support the wellbeing of veterans and their families
    Minister for Veterans Ron Mark has welcomed the First Reading of a Bill that will make legislative changes to further improve the veterans’ support system.  The Veterans’ Support Amendment Bill No 2, which will amend the Veterans’ Support Act 2014, passed First Reading today. The bill addresses a number of ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Christ Church Cathedral – Order in Council
    Views sought on Order in Council to help fast track the reinstatement of the Christ Church Cathedral  The Associate Minister for Greater Christchurch Regeneration, Hon Poto Williams, will be seeking public written comment, following Cabinet approving the drafting of an Order in Council aimed at fast-tracking the reinstatement of the ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New Zealanders’ human rights better protected in new Bill
    The law setting out New Zealanders’ basic civil and human rights is today one step towards being strengthened following the first reading of a Bill that requires Parliament to take action if a court says a statute undermines those rights. At present, a senior court can issue a ‘declaration of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Deep concern at Hong Kong national security legislation
    Foreign Affairs Minister Winston Peters today reiterated the deep concern of the New Zealand Government following confirmation by China’s National People’s Congress of national security legislation relating to Hong Kong. “New Zealand shares the international community’s significant and long-standing stake in Hong Kong’s prosperity and stability,” Mr Peters said. “New Zealand ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government invests in New Zealand’s cultural recovery
    Thousands of artists and creatives at hundreds of cultural and heritage organisations have been given much-needed support to recover from the impact of COVID-19, Prime Minister and Minister for Arts, Culture and Heritage Jacinda Ardern announced today. “The cultural sector was amongst the worst hit by the global pandemic,” Jacinda ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Better protection for New Zealand assets during COVID-19 crisis
    Key New Zealand assets will be better protected from being sold to overseas owners in a way contrary to the national interest, with the passage of the Overseas Investment (Urgent Measures) Bill. The Bill, which passed its third reading in Parliament today, also cuts unnecessary red tape to help attract ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Cleaning up our rivers and lakes
    Setting higher health standards at swimming spots Requiring urban waterways to be cleaned up and new protections for urban streams Putting controls on higher-risk farm practices such as winter grazing and feed lots Setting stricter controls on nitrogen pollution and new bottom lines on other measures of waterway health Ensuring ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Record year for diversity on Govt boards
    The Government is on the verge of reaching its target of state sector boards and committees made up of at least 50 percent women, says Minister for Women Julie Anne Genter and Minister for Ethnic Communities Jenny Salesa. For the first time, the Government stocktake measures the number of Māori, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New appointments to the Commerce Commission
    The Commerce and Consumer Affairs Minister and Broadcasting, Communications and Digital Media Minister, Kris Faafoi, has today announced the appointment of Tristan Gilbertson as the new Telecommunications Commissioner and member of the Commerce Commission. “Mr Gilbertson has considerable experience in the telecommunications industry and a strong reputation amongst his peers,” ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Historic pay equity settlement imminent for teacher aides
    The Ministry of Education and NZEI Te Riu Roa have agreed to settle the pay equity claim for teacher aides, Education Minister Chris Hipkins announced today. This will see more than 22,000 teacher aides, mostly women, being valued and paid fairly for the work they do. “Teacher aides are frontline ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Govt delivers security for construction subcontractors
    Subcontractors will have greater certainty, more cashflow support and job security with new changes to retention payments under the Construction Contracts Act says Minister for Building and Construction, Jenny Salesa. A recent review of the retentions money regime showed that most of the building and construction sector is complying with ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand and Singapore reaffirm ties
    Prime Minister Jacinda Ardern and Singapore Prime Minister Lee Hsien Loong have marked the first anniversary of the New Zealand-Singapore Enhanced Partnership with a virtual Leaders’ Meeting today. The Enhanced Partnership, signed on 17 May 2019, provides the framework for cooperation across the four main areas of trade, defence and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • JOINT STATEMENT BY THE PRIME MINISTERS OF NEW ZEALAND AND THE REPUBLIC OF SINGAPORE ON THE FIRST AN...
    On 17 May 2019, New Zealand and Singapore established an Enhanced Partnership to elevate our relations. The Enhanced Partnership – based on the four pillars of trade and economics, security and defence, science, technology and innovation, and people-to-people links – has seen the long-standing relationship between our countries strengthen over the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government investment supports the acquisition of new Interislander ferries
    State-Owned Enterprises Minister Winston Peters has welcomed KiwiRail’s announcement that it is seeking a preferred shipyard to build two new rail-enabled ferries for the Cook Strait crossing. “This Government is committed to restoring rail to its rightful place in New Zealand. Bigger, better ships, with new technology are yet another ...
    BeehiveBy beehive.govt.nz
    1 week ago