News That Famous Shredded Banksy Painting Could Sell for $8 Million It originally sold for $1.4 million three years ago. By Cailey Rizzo Cailey Rizzo Instagram Twitter Website Cailey Rizzo is a Brooklyn-based writer who specializes in reporting on travel, culture, and the arts for Travel + Leisure. Cailey earned a master's degree in creative nonfiction writing from the University of East Anglia and a bachelor's degree in journalism from SUNY Purchase College. She also studied at UMass Amherst's Juniper Summer Institute and the Cours de Civilisation Française de la Sorbonne. She has lived in New York, London, and Paris and is at work on her first novel. Travel + Leisure Editorial Guidelines Published on September 7, 2021 Share Tweet Pin Email A Banksy painting that famously began to self-destruct just after it was sold at auction is again going on auction — this time at five times its original price. In October 2018, one of Banksy's most famous images, "Girl With Balloon," was sold at a Sotheby's auction for $1.4 million. Just after the winner of the auction was announced, a shredder hidden in the frame whirred to life and destroyed half of the painting. TOLGA AKMEN/AFP via Getty Images And now, "Love is in the Bin" — the piece of art's new name — could fetch anywhere from $5.5 million to $8.3 million. In a behind-the-scenes video, Banksy revealed that the stunt was intended to shred the entire painting, not leave it half-intact., and because it was left partially preserved, the painting now has new value. "Love is in the Bin was born of the most spectacular artistic happening of the 21st century," Alex Branczik, Sotheby's chairman of Modern and Contemporary Art, told the Associated Press. "When 'Girl With Balloon' 'self-destructed' in our saleroom, Banksy sparked a global sensation that has since become a cultural phenomenon." Even if "Love in the Bin" sells for $8 million, it still won't be the most expensive Banksy painting that Sotheby's has sold. Last year, a painting called "Show Me the Monet" sold for $9.8 million at auction, far exceeding its expected price. But before the shredded piece goes to auction, it will tour Sotheby's galleries around the world, with scheduled stops in London, Hong Kong, Taipei and New York. The auction is scheduled for Oct. 14 at Sotheby's London. But if you can't make it to see the shredded artwork in person, you can take a virtual tour of Bristol, England to see some of Banksy's best works. Cailey Rizzo is a contributing writer for Travel + Leisure, currently based in Brooklyn. You can find her on Twitter, Instagram, or at caileyrizzo.com. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit