Could be such a simple thing as getting rid if an overflow for tax reasons, but I’m not well versed in USA taxes except it’s horrible so don’t take it as fact.
There was an experiment where someone set up a high class shoe store in a nice location. They took cheap shoes from discount stores and marked them way up and put them on some nice display racks. People bought them.
“We’ve been Banksy-ed,” Alex Branczik, Sotheby’s head of European Contemporary art said in a press conference after the incident. “I’ll be quite honest, we have not experienced this situation in the past, where a painting is spontaneously shredded upon achieving a record for the artist.”
Now that… that’s fuckin’ art right there.
I love the rest of the article entirely missing the point of Banksy doing that being a surprise.
Art is money laundering for the rich.
It all make sense now, doesn’t it?
So how is he laundering money now with it?
Follow the money.
Logan Paul owed somebody $635,000. He paid them.
Could be such a simple thing as getting rid if an overflow for tax reasons, but I’m not well versed in USA taxes except it’s horrible so don’t take it as fact.
This fake art for sure, and so much that people start to think monetary value is what is important in art.
There was an experiment where someone set up a high class shoe store in a nice location. They took cheap shoes from discount stores and marked them way up and put them on some nice display racks. People bought them.
Expensive = good…to some people.
Throw back to Banksy setting a trap in 2006, and springing it 12 years later:
https://www.smithsonianmag.com/smart-news/watch-14-million-bansky-painting-shred-itself-soon-it-sold-180970486/
Now that… that’s fuckin’ art right there.
I love the rest of the article entirely missing the point of Banksy doing that being a surprise.
There, you idiots, frame that image.
And Love Is In The Bin became more valuable than Girl With Balloon at a subsequent auction, too, by a factor of 18x.