Partially-shredded Banksy painting sells for $25 million at auction

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In this handout photograph provided by Sotheby's Auction House, the auction for Banksy's "Love is the Bin" takes spot successful London, Thursday, Oct. 14, 2021. A enactment by British thoroughfare creator Banksy that sensationally self-shredded conscionable aft it sold for $1.4 cardinal has sold again for $25.4 cardinal astatine an auction connected Thursday. “Love is successful the Bin” was offered by Sotheby’s successful London, with a presale estimation of $5.5 cardinal to $8.2 million. (Sotheby's Auction House via AP)

Posted at 3:44 PM, Oct 14, 2021

and past updated 2021-10-14 16:45:39-04

The Banksy coating that was primitively expected to self-destruct has been purchased for $25.4 cardinal dollars astatine auction.

According to Sotheby's, 9 bidders "sparked a fierce question of bids" implicit the people of 10 minutes.

The winning bidder's sanction was not revealed. However, CNN reports the caller proprietor of "Love is successful the Bin" is simply a pistillate collector from Europe.

"Love successful the Bin" was expected to fetch $5.54 cardinal - $8.31 million.

Prior to self-shredding successful 2018, the archetypal portion of creation sold for $1.4 million.