Sale of shredded Banksy confirmed, work given new title

After street artist Banksy partially shredded one of his own works seconds after it was sold at auction there was uncertainty over what would happen next. But the buyer has confirmed the purchase for over one million pounds, while Banksy has given the ‘damaged’ work a new title, ‘Love is in the bin’. It has been shown again at Sotheby’s, who deny collusion with the artist.