Plot twist: the buyer can now probably keep the frame + shreds and resell it for several times what they paid.
The art isn't in the artifact.
A lot of it is, or nobody would have been buying to begin with.
An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
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Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#12Earlier quoted context omitted.
I assume they won’t actually have to pay? I’d guess whatever contract their is with the seller also requires that the art is delivered safely to the purchaser. I wonder what the message is here, or if there is a message beyond the publicity. I guess something about the art having no inherent value...
It's now a part of art history, it would be a foolish move on the part of the buyer to not accept it. Banksy has reaffirmed why he's maybe the only contemporary visual artist today who counts as a household name. Although I guess we cuold debate whether he's first and foremost a visual artist, or a performance artist. The audacity of his stunts and trickery far outweigh the merits of his clever visual puns.
If that’s the case, I guess Banksy will be laughing even harder...
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#13Plot twist: the buyer can now probably keep the frame + shreds and resell it for several times what they paid.
I assume they won’t actually have to pay? I’d guess whatever contract their is with the seller also requires that the art is delivered safely to the purchaser. I wonder what the message is here, or if there is a message beyond the publicity. I guess something about the art having no inherent value...
“But is the work destroyed? Or is it transformed? Even Branczik isn’t sure. “You could argue that the work is now more valuable,” Branczik said. “It’s certainly the first piece to be spontaneously shredded as an auction ends.”
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#14Some more background on the iconic image: https://en.wikipedia.org/wiki/Balloon_Girl
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#15Plot twist: the buyer can now probably keep the frame + shreds and resell it for several times what they paid.
I assume they won’t actually have to pay? I’d guess whatever contract their is with the seller also requires that the art is delivered safely to the purchaser. I wonder what the message is here, or if there is a message beyond the publicity. I guess something about the art having no inherent value...
I read on Vice they are already speculating that this may have increased its value.
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#16Looks like the source website shredded itself
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#17Earlier quoted context omitted.
I assume they won’t actually have to pay? I’d guess whatever contract their is with the seller also requires that the art is delivered safely to the purchaser. I wonder what the message is here, or if there is a message beyond the publicity. I guess something about the art having no inherent value...
It's now a part of art history, it would be a foolish move on the part of the buyer to not accept it. Banksy has reaffirmed why he's maybe the only contemporary visual artist today who counts as a household name. Although I guess we cuold debate whether he's first and foremost a visual artist, or a performance artist. The audacity of his stunts and trickery far outweigh the merits of his clever visual puns.
Walked past one of his works on the upper west side of manhattan. I wouldn’t have known it was his except for the plaque put up next to the plastic barrier installed to protect it.
Kind of crazy that the art is likely worth as much as the entire building it’s on. Although, this is Manhattan so who knows.
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#18Big art has been hijacked by big money. Art as an investment vehicle, something to preen yourself with, show others you are elite.
This shows the hypocrisy. Unfortunately it will not change anything. The piece has just become more valuable, I predict.
Go Banksy. Art for the masses.
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#19Some photos of the shredded art: https://hyperallergic.com/464419/1-3m-banksy-artwork-self-de... ; https://www.theartnewspaper.com/news/sotheby-s-banksy-ed-as-... ; https://www.youtube.com/watch?v=Std3LfVx41c
It stopped half way, to me it is more 'art' than before.
I’m not clear on whether it stopped or was stopped?
Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
#20I wonder if legally the buyer can retract the buy? Although I'm sure it's worth more with that.
Funny how Banksy, who was anti commercial things before as a street artist, now is obviously very torn being selling out and not. He is still selling out with this sale, but couldn't stop himself from trolling the buyer.
I feel like I'd feel in a similar way - hard not to sell when so much money is in play.