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

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41–50 of 301 posts

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

#42
post #20

I 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.

It's not trolling, the work was a performance piece.

> It's not trolling, the work was a performance piece.

If the buyer wasn't aware of this prior to buying it then technically Banksy ruined the buyers art, or the buy can back out because he's not getting what he paid for.

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

#43
post #36

Earlier quoted context omitted.

that's a pretty vapid statement. aren't all crimes an "artifact of human nature"? isn't everything we do and create, for that matter? also, how would a stateless society even have the concept of legality?

We're not talking about crimes, we're talking about desires. And yes, that's why blaming the financial system is wrong - nothing would change. Stateless society can still have justice, courts, rules, police... It's just driven by someone else.

you're actually not making any sense. you're saying that no matter what financial system we have, nothing would change, so there's no point in changing it, and there's no point in not changing it. and if courts and police exist in the way that they exist in our society, then that wouldn't be a stateless society by definition.

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

#44
post #20

I 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.

Yes, the buyer should be able to retract the buy. At this point the buyer head made a verbal agreement to purchase the artwork but the details haven't been worked out. It's rare but sometimes buyers can't come up with the money or there is some other reason why a deal can't go through.

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

#46

> 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…

https://en.wikipedia.org/wiki/Oxford_Electric_Bell runs since 1840. This likely needs more power, though, making it harder.

I would think the buyer of this piece might be happy with what happened, though. The shreds still are there, and likely are worth more than the original piece of paper.

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

#47
post #18

Big 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.

Highjacked is a strange term considering it's always been like that...

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

#48
post #20

I 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.

The ultimate rebellion is rebelling against the rebellion. Of course early believers were going to criticize him as a sell out, but Banksy's message and its embedded criticism of modern capitalism become even more powerful when monetized. His art mocks and attacks the principles of a materialistic modern society, but strangely this makes it more attractive and valuable to that same society; this can only be described…

The buyers might look at it another way: "his works attack materialism, but now I own his work and can profit from it: I win, and materialism still stands."

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

#49
post #35
post #33

so what, in effect Banksy chose to shred 1.3M$? I understand he has a message etc, just curious if he really sacrificed so much for it

Banksy will get his money, but his artwork is now probably worth much more. So it is debatable if he succeeded with his intentions to criticise the commercialisation of art.

There is zero chance that he did not anticipate this.

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

#50

Earlier quoted context omitted.

It's not trolling, the work was a performance piece.

> It's not trolling, the work was a performance piece. If the buyer wasn't aware of this prior to buying it then technically Banksy ruined the buyers art, or the buy can back out because he's not getting what he paid for.

But the buyer would be stupid to do so. Also, transformation to the point of self-destruction is an accepted part of art, at least since Joseph Beuys' "Fettecke".
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