Shredded Banksy Artwork Sells for $25.4 Million at Auction

“Love is in the Bin” was offered by Sotheby’s in London, with a presale estimate of 4 million pounds to 6 million pounds ($5.5 million to $8.2 million).

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In this handout photo provided by Sotheby's Auction House, the auction for Banksy's "Love is the Bin" takes place in London, Thursday, Oct. 14, 2021. A work by British street artist Banksy that sensationally self-shredded just after it sold for $1.4 million has sold again for $25.4 million at an auction on Thursday. “Love is in the Bin” was offered by Sotheby’s in London, with a presale estimate of $5.5 million to $8.2 million. (Haydon Perrior/Sotheby's Auction House via AP)
Image via AP Photo/Haydon Perrior

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

LONDON (AP) — A work by British street artist Banksy that sensationally self-shredded just after it sold at auction three years ago fetched 18.5 million pounds ($25.4 million) on Thursday — a record for the artist, and more than 10 times its pre-shredded price. “Love is in the Bin” was offered by Sotheby’s in London, with a presale estimate of 4 million pounds to 6 million pounds ($5.5 million to $8.2 million). After a 10-minute…

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