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Banksy painting ‘self destructs’ at end of auction

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The ‘gadget’ in the bag looks like pro audio recorder or similar.
Yep, I can’t make out what model it is, but it’s certainly a mobile multi track recorder.

You have to laugh at all the “ah but the picture appeared instantly on his Instagram so it must be him” posts. Yeah, because he clearly creates everything on his own and hasn’t got a team of people working with him :rolleyes: Dismaland. Yep, one bloke did that, definitely.
 
It's in Metro News, renowned for investigative journalism. Must be true, no shadow of doubt.
 
This piece, that was re-titled 'Love Is In The Bin' after the shredding incident, was sold this week.
When the original work sold in 2018, as the shredding happened, the price they paid was £1,042,000.
It was then put on public display in Germany by the owner, in Stuttgart I think it was, and then came to auction on Friday.
Sold for £18,600,000.. that's one hell of an increase in three years!!
 
This piece, that was re-titled 'Love Is In The Bin' after the shredding incident, was sold this week.
When the original work sold in 2018, as the shredding happened, the price they paid was £1,042,000.
It was then put on public display in Germany by the owner, in Stuttgart I think it was, and then came to auction on Friday.
Sold for £18,600,000.. that's one hell of an increase in three years!!

How to separate a fool from their money.
 
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How to separate a fool from their money.
Hmm.
Yes and no. When it next goes up for sale it'll probably go for even more.
The monied are investing into art heavily atm, as the market is seen as stable and gives good returns. Streetartists are leading the increases - Banksy, Stik and Invader have gone nuts in the last three years. To the point there must be manipulation of the market 🤔 this whole shredded painting is seen by some as the pinnacle of that manipulation; artist and auction house colluding

(I'm in it for the pictures, not the ££, amd have been for many years- so just making observations...)
 
This seems to be the most recent and most general Banksy thread, so I'll stick this here.


Well done those guys. As they didn't damage the pole it was attached to, it's no more theft than it would be if I took a flyer off a lamppost, surely?

Don't reckon the two blatantly recognisable blokes will be able too hold onto it for long though.
 
This seems to be the most recent and most general Banksy thread, so I'll stick this here.


Well done those guys. As they didn't damage the pole it was attached to, it's no more theft than it would be if I took a flyer off a lamppost, surely?

Don't reckon the two blatantly recognisable blokes will be able too hold onto it for long though.
Interesting legal area as to if it's theft or not
Presumably not
 
Have they? It was 'abandoned' so who owned it? If I deliberately leave a, say, chair out on the street and have no intention of keeping it, it wouldn't be theft for someone to take it.

Taking something from skips is technically illegal, as it belongs to the skip owner (not hirer), but this wasn't that.

editor does seem to be right though, taking abandoned goods creates for you a duty to look after them, but you cannot use them or treat them as your own. There's probably until after a 'reasonable' time has passed, but arguing about what that length of time would be would be very nice for the lawyers.

The big sculpture referred to in the guardian piece seems to have effectively gone through the same process. The 'thief' wasn't arrested, but he couldn't stop it being sold by Banksy himself later, either. Artist who 'kidnapped' Banksy’s Drinker claims Sotheby's selling stolen statue
 
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