Actually, Banksy meant to shred the whole painting

Banksy posts video saying incomplete shredding was a malfunction

Soon after the auction, Banksy had posted a video that showed how he secretly built a shredder into the large gilt frame surrounding the picture.

In the video "Shredding the Girl and Balloon - The Director's half cut" posted to Banksy's YouTube channel on Wednesday, it is revealed that the shredding mechanism worked perfectly during other practice runs.

Almost a fortnight after Banksy made headlines at Sotheby's in London with his spectacular self-destructing painting, the artist has posted a video titled Shredding the Girl and Balloon: The Director's Cut (check it out below) that provides far more detail on just how he managed to pull off the caper, which caught the art world by surprise.

The suggestion that Banksy had planned to cut up the entire artwork comes after Alex Branczik, Sotheby's head of contemporary art in Europe, reiterated in a new interview that the auction house had no prior knowledge of the prank.

The auction of Girl With Balloon attracted a winning bid of £860,000 (approximately $1.4 million once the buyer's fee was factored in).

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Art lovers continue to spread theories that the Sotheby's auction house itself was in on the prank. "It did. Some people think the auction house were in on it, they weren't".

The framed, stencil spray painting shows a girl reaching towards a heart-shaped balloon.

The clip, titled "Shred The Love", purportedly shows Banksy, originally from Bristol in southwest England, testing out the secret shredding mechanism that he'd inserted into the frame prior to the sale. Now Banksy wants us to know that the whole damn thing was supposed to be shredded to bits.

Most experts believed the painting was meant to stop halfway through shredding, an act that actually doubled the value of the artwork.

Love Is In The Bin is the latest in a long history of anti-establishment statements by the street artist, who rose to prominence through a series of graffiti pieces across the country.

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