Banksy
Love is in the Bin
Estimate: 4.000.000 - 6.000.000 GBP
Price realised: 18.582.000 GBP
Price realised: 18.582.000 GBP
Description
Property from a Private European Collector
Banksy
b. 1974
Love is in the Bin
signed on the reverse
Spray paint and acrylic on canvas mounted on board, framed by the artist.
Decommissioned, remote controlled shredding mechanism remains in the frame.
Frame integral.
Gift from the Artist to a private collection | Sotheby's, London, 5 October 2018, Lot 67 | Acquired at the above sale by the present owner
Banksy
b. 1974
Love is in the Bin
signed on the reverse
Spray paint and acrylic on canvas mounted on board, framed by the artist.
Decommissioned, remote controlled shredding mechanism remains in the frame.
Frame integral.
Gift from the Artist to a private collection | Sotheby's, London, 5 October 2018, Lot 67 | Acquired at the above sale by the present owner
A top price for Banksy
When the work Love is in the Bin by Banksy was auctioned at Sothebys in London in October 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 6,000,000.00 but the actual price achieved was more than three times as high at GBP 18,582,000.00 (€ 22,014,651.32). This high result makes Love is in the Bin the most expensive artwork by Banksy that we have observed at auctions so far.
Ein Spitzenpreis für Banksy
Als die Arbeit Love is in the Bin von Banksy im Oktober 2021 bei Sothebys in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 6.000.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 18.582.000,00 (€ 22.014.651,32) mehr als dreimal so hoch. Dieses hohe Ergebnis macht Love is in the Bin zu dem teuersten Kunstwerk von Banksy, das wir bisher bei Auktionen beobachtet haben.