“Love is in the Bin” is certainly one of the most talked-about pieces of art in recent times. It’s also a truly multi-genre piece of art; having transformed from a regular painting to performance art and finally into a piece of conceptual art. A true representation of what Banksy is today?
After a 20-minute bidding duel, the hammer landed at GBP 14,400,000. With the Buyers Premium, the buyer has to cough up GBP 16,758,000 – a new auction record for a Banksy canvass. The seller is NHS and the Southampton University Hospital, after receiving the piece in donation by Banksy. According to the lot sheet from Christie’s: “The proceeds will be used to support the wellbeing of University Hospital Southampton staff and patients.”
Well done Banksy!!
After a 13-minute bidding duel for “Devolved Parliament” at Sotheby’s Evening Sale, a new auction record was set for Banksy with an £8.5 million hammer price. Including the buyer’s premium, the buyer has to cough up with £9.9 million. Banksy did comment the sale a few hours later on his Instagram account: