The artist also published a video that states that he secretly built the shredder into the frame in case the work was ever put up for auction.
The announcement was made by Sotheby's today (11 October), as they revealed that the original bidder has agreed to buy the new work for the same price it was hammered at in the room on 5 October: £860,000 (£1.04m with fees).
"It appears we just got Banksy-ed", saidAlex Branczik, Sotheby's head of contemporary art for Europe, according to BuzzFeed.
"Following his surprise intervention on the night, we are pleased to confirm the sale of the artist's newly-titled Love Is In The Bin, the first artwork in history to have been created live during an auction".
Sotheby's has described the painting as a "framed work, spray paint and acrylic on canvas", and notes that it's "the first time in auction history that a work of art automatically shredded itself". The corresponding video he posted on his Instagram page. The sale price equalled the artist's previous auction record of about $1.35 million.
There is a speculation that the auctioneers were aware that a shredder was hidden in the painting.
"Love is in the Bin" will be on view to the public in Sotheby's New Bond Street galleries in London on Saturday and Sunday. The auction house stated that it is "currently in discussions about next steps".
Banksy, who has never disclosed his full identity, began his career spray-painting buildings in Bristol, England, and has become one of the world's best-known artists. "While Banksy's stunt involved destroying the classic artwork using a remote device, this person reportedly took a stanley knife to the expensive piece - which is apparently one of just 600 mint condition prints in the world".
"A man dressed in black sporting sunglasses and a hat was seen scuffling with security guards near the entrance to Sotheby's shortly after the incident", Art Newspaper also reported.
Victoria Marinova was found murdered in a park in Ruse, a town on the Danube on the country's northern border, on Saturday. Caruana Galizia was killed in a vehicle bombing in October in Malta and Jan Kuciak was murdered in Slovakia in February.
He actually began the evening third on the all-time list and passed Brett Favre (71,838 yards) on Monday, as well. Naturally, plenty of sports figures took to social media to congratulate Brees on Monday night.
Pakistani batsmen dominated the proceedings on day one with Mohammad Hafeez scoring 124 runs while Imam-ul-Haq made 76 runs. But Australia delaying the second new ball allowed Sohail and Shafiq to open up in the second hour, adding 55 more runs.
Liverpool and City appeared reluctant to commit to all-out attack and only succeeded in canceling each other out. The previously unstoppable Liverpool registered just two efforts on target, with City mustering the same.
Sanctions, trade tariffs and the threat of more had led US-Turkey relations to nosedive - and with them, the Turkish lira . Brunson flew out from Izmir's global airport on late Saturday evening, hours after a local court ordered his release.
The Israeli military said the USA has shared the findings of its investigation into the F-35 crash two weeks ago. The Israeli warplanes, purchased from the US , are a different model than the American one that crashed.
Superman and America deserve better than these two preening jagholes. "I love this guy", West declared in the Oval Office. During the course of the conversation, 'Ye claimed that racism was just a tool liberals use to control Black people.
Portal and Portal Plus make it easy to keep in touch with friends and family when you can't see them face-to-face in real life. The screen can be locked behind a passcode, and you'll need to log into your own Facebook account if you want to change it.
A spokesperson told the Sun : "We've heard that some people are seeing posts or messages about accounts being cloned on Facebook". Facebook says there has been no known uptick in cloned accounts this week, when the messages started circulating, WSYR reported .
Google Pixel Slate with Chrome OS Unveiled
Google today held its annual Made By Google event , where it showed off its newest toys. One of those, like last year's Duplex , sees Google handling phone calls on your behalf.
Stephen Amell Reveals How the Arrowverse Crossover Begins
If the series is picked up by The CW , Rose will make history as the lead of the first TV show that focuses on an LGBTQ superhero. The character of Batwoman is, despite the closeness of the names, not Batgirl as most Batman-franchise fans know her.
Trump Promises to ‘Straighten Out’ Crime-Ridden Chicago
The criminal aliens to whom Trump referred include, as he said, "thousands of vicious gang members" and " MS 13 predators". Advisers had also cautioned Trump against doing anything dramatic in the weeks before the midterm elections next month.
NY limousine crash kills 20 people
She and her husband, Adam, pictured below, leave behind two young daughters, Archer, 4, and Elle, 16 months. All 18 people in the limo, including the driver, were killed. "Their lives were just cut short too soon".