The Banksy painting that self-destructed after being sold for $1.1 million has reportedly doubled in value after the controversial stunt.
A print of the iconic ‘Girl with Balloon’ painting went up for sale at Sotheby’s Auction House in London on Friday evening. Within moments of the record-breaking bid being announced at around 9 PM, an alarm was immediately triggered within the frame, before the painting was shredded into ribbons that hung from the bottom.
#Banksy has shared video showing how he installed a shredder into a picture frame, which was used to destroy one of his paintings that sold for $1.1 million https://t.co/siSeiF1rQh pic.twitter.com/lvWVoY4Ecf
— Consequence of Sound (@consequence) October 6, 2018
Despite going through the shredder, art experts believe that Banksy may have actually increased the value of the iconic work.
The 2006 painting, which shows s a girl reaching out to a red heart-shaped balloon, is widely viewed as one of Banksy’s most iconic images. It was initially valued at around $300,000 but eventually sold for $1.5M.