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An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

artsy.net

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Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

#111

> Banksy’s iconic Girl With Balloon (2006) attracted feverish bidding in the room and on the phones, racing past its high estimate of £300,000 to hammer at £860,000, or just over £1 million ($1.3 million with fees). As the gavel slammed, a siren rang out through the salesroom and everyone stood stunned as the Banksy canvas slid through the frame that it was contained in and emerged underneath—but shredded. I'm impres…

The implication is that the frame was a recent addition and that Banksy or an accomplice was in the room to trigger the shredder at the right time

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Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

#113

> Banksy’s iconic Girl With Balloon (2006) attracted feverish bidding in the room and on the phones, racing past its high estimate of £300,000 to hammer at £860,000, or just over £1 million ($1.3 million with fees). As the gavel slammed, a siren rang out through the salesroom and everyone stood stunned as the Banksy canvas slid through the frame that it was contained in and emerged underneath—but shredded. I'm impres…

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Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

#116

Not referring to this specific exhibit but other pieces by a similar artist. Thousands of people can create this kind of paintings for cheap. That it still sells for more than what many people can make in a decade or a career means a stratospheric concentration of wealth in society or a bubble in the commercial art world. If there is real scarcity because of climate change or other widespread disaster, how much can a…

Auctioning art is now part of art, imho. Auctioneers and buyers are part time artists. It is quite meta but fits well with the postmodern world we live in. Art as aesthetic creation is finished, commodified, and soon to be produced by robots.

As for the prices, people can allocate a lot of money to a token, as long as other people still believe in it. Cryptocurrencies take this abstraction to the max. Art is more traditional than cryptos.

I am personally very cynical that there is even a shred of value to high-market art sales. It's all a game for the upper-rich. But your "children are starving" comment is off. People have different motives to spend money, a starving kid's has a motive and so does a rich person's who wants to be the buyer of a piece. Both are respectable, human needs, but we are much more likely to relate to the kid. This doesnt mean its somehow bad to have the other.

Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

#117
post #76

Discovered Banksy many years ago and I have to say: if there is a true artist it's him. Or maybe it's them? Still think it's very plausible that Banksy is a collective. The creativity and ingenuity just seems too much for a single person.

I find the history behind it certanly interesting (and the art is amazing!). There was a documentary and a conspiracy theory too about the whole thing, just a movie, but good to watch IMO. "Art through the gift shop".

"exit through the gift shop"

https://www.imdb.com/title/tt1587707/

Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

#119
This is a well orchestrated publicity stunt. A reputed auction house like Sotheby's would never put an item up before thoroughly checking and documenting it.

Post this stunt, the artwork will now be valued much higher than what it sold for at this auction. Banksy has been known for such ingenious and clever marketing stunts.

Re: An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s

#120

Earlier quoted context omitted.

Nope, it's returning 503

Worked for me, so I don’t actually know what’s going on here.

It's consistently returned a 503 since I started checking it a few hours ago.
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