Moments after a famous Banksy painting was sold for more than $1.7 million during a live auction, the piece was shredded from inside its frame.

The anonymous street artistā€™s 2006 work ā€œGirl with a Balloonā€ was the final piece sold at Fridayā€™s evening auction at Sothebyā€™s in London.

Just after it was sold for 1.04 million pounds, an alarm was triggered from within the frame and guests watched stunned as the canvas artwork slipped through the frame and shredded into strips. The auction house has denied having any prior knowledge of the stunt.

Elizabeth Legge, an associate professor in the University of Torontoā€™s art department, offered one explanation for the elusive artistā€™s surprise.

ā€œHeā€™s often said he doesnā€™t want hedge fund managers owning his work,ā€ Legge explained. ā€œHe doesnā€™t like the commercial art market.ā€

of attendees watching the print shred itself with the caption ā€œGoing, going, goneā€¦ā€

how the artist installed the shredder into the frame.

ā€œA few years ago I secretly built a shredder into a painting in case it was ever put up for auction,ā€ accompanying text on the video stated.

Banksy also included a quote from the artist Picasso in the Instagram postā€™s caption. ā€œThe urge to destroy is also a creative urge,ā€ it read.

Alex Branczik, the auction houseā€™s head of European contemporary art, said after the stunt, ā€œIt appears we just got Banksy-ed.ā€

Whatā€™s next for the buyer?

He went on to tell The Associated Press that the auction house was in discussions about "next steps" with the buyer.

"We have not experienced this situation in the past where a painting spontaneously shredded, upon achieving a record for the artist," he said. "We are busily figuring out what this means in an auction context."

ā€œYou could argue that the work is now more valuable,ā€ Branczik added in an interview with The Art Newspaper. ā€œItā€™s certainly the first piece to be spontaneously shredded as an auction ends.ā€

Adding to the intrigue, a man wearing sunglasses tangled with security guards near the entrance of the auction house,

Anny Shaw, a correspondent with The Art Newspaper, told Ā鶹“«Ć½ that those present were ā€œgob smacked at what was unfoldingā€

ā€œHeā€™s a provocateur,ā€ she added. ā€œHe certainly got the publicity he would have been after. Heā€™s a clever man.ā€

Was Banksy there?

Geneva-based artist Pierre Koukjian was at the auction. Koukjian, who has met Banksy, told The Associated press that he believes he saw the artist in the saleroom as the painting was destroyed.

"What he did is really shocking, in a good way," Koukjian said. "I think it will be historic and people will talk for a long time about it."

With files from The Associated Press

 
 
 
 
 
 
 
 
 
 
 
 
 

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