LONDON (AP) — Sotheby's says the winning bidder for a Banksy painting that self-destructed during an auction last week has decided to go through with the purchase.

The auction house says a female European collector was the successful bidder who offered 1.04 million pounds for "Girl With Balloon." Just after the hammer came down, and to the shock of those in the saleroom, the bottom half of the work passed through a shredder concealed in the frame.

Sotheby's said Thursday the painting has been retitled "Love is in the Bin" and authenticated by Banksy's Pest Control agency.

Alex Branczik, head of contemporary art for Europe at Sotheby's, says it is "the first artwork in history to have been created live during an auction."

The buyer's identity was not revealed.

———

This story has been updated to correct the title of Sotheby's Branczik to head of contemporary art for Europe.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.