Banksy Heads to the Bank

Banksy's painting, which self-destructed after selling for $1.4 million, was resold by Sotheby's for $25.4 million, setting a new record for the artist. The piece, retitled 'Love is in the Bin', was expected to sell for $5.5 to $8.2 million but exceeded expectations after a competitive bidding process involving nine bidders. The final price more than doubled Banksy's previous auction record of $12.1 million for 'Devolved Parliament' in 2019.

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