Banksy’s painting that partially self-destructed at auction three years ago has again sold for a staggering £ 18.5million ($ 25.4million).
New The auction for “Love is in the Bin” took place on Thursday at Sotheby’s Contemporary Art Evening Sale in London and became the artist’s record, surpassing the “Game Changer” sale there. is one year old. The artwork, which portrayed healthcare workers as superheroes, sold for £ 16.7million ($ 23.1million) to benefit UK hospitals.
Banksy’s ragged work of art has been renamed
The identity of the seller at Thursday’s auction was not disclosed, although Sotheby’s described him as a European collector and a long-time client of the auction house. The new buyer has the option to pay in cryptocurrency.
A few months after the first auction in 2018, the Frieder Burda Museum in Baden-Baden, Germany became the first public space to display “Love is in the Trash”. Prior to this sale, the painting was exhibited in London, Hong Kong, Taipei and New York.