Pursuits Weekly: $25.4 Million Auction for a Shredded Banksy
Now that’s what we call art appreciation
Sotheby’s employees pose with “Love is in the Bin” by British artist Banksy.
Photographer: Jack Taylor/Getty Images EuropePartially destroying a painting isn’t usually the path to an 18 times increase in value over three year’s time. But leave it to Banksy to thumb his or her (their?) nose at established norms.
Love Is in the Bin soared past its high estimate at Sotheby’s in London, becoming the most expensive work by the artist to sell at auction, ever.