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Winning bidder of Banksy artwork plans to whitewash it

Slave Labour artwork
BBC

An American artist has paid $730,000 US dollars (£561,000) for an artwork by Bristol artist Banksy painted on the side of a North London Poundland - then vowed to whitewash it.

Slave Labour depicts a young child on his knees at a sewing machine, producing a string of Union Jack bunting.

It was bought by Ron English at Julien's Auctions in Los Angeles on Wednesday who revealed he plans to whitewash it in protest against street art being bought and sold.

I'm going to paint it white again, I'm done. This is a blow for street art. It shouldn't be bought and sold. "I'm going to paint over it and just include it in one of the walls in my house. We're tired of people stealing our stuff off the streets and re-selling it so I'm just going to buy everything I can get my hands on and whitewash it.

Ron English
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Banksy: How Love is in the Bin's shredding did not go to plan

Love is in the Bin
Getty Images

The partial shredding of a Banksy artwork didn't go entirely to plan, the artist has confirmed.

Love is in the Bin self-shredded in its frame immediately after selling for £860,000 at Sotheby's last week.

Now, Banksy has uploaded a video suggesting the entire canvas was supposed to shred, and not just two thirds of it.

A clip of a canvas shredding in full is seen in the video with the caption: "In rehearsals, it worked every time."

'Shed the Love' reveals Banksy stunt did not go to plan
Seconds after it sold for £1m at auction the piece began to shred itself but stopped half way through.

New Banksy auction confirmed

Bansky
BBC

Banksy works including Slave Labour are due to go under the hammer and auctioneers have promised no items will "shred or explode".

The anonymous graffiti artist's painting Girl With A Balloon self-destructed after being sold for more than £1m at Sotheby's, dropping through a shredder in its frame.

Auctioneers have promised no more stunts as they look to sell off Slave Labour, which features a young boy creating bunting at a sewing machine. It was believed to be a rebuke of the use of sweatshop labour to produce celebratory products for the Queen's Diamond Jubilee and the London Olympics in 2012.

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Julien's Auctions have said that the piece is perfectly safe as are other Banksy pieces open to bidding.

Darren Julien, president of Julien's Auctions, said: "We can't guarantee that our four Banksy's will automatically shred or explode but they will sell to the highest bidder."

Julien's Auctions confirmed the plans to accept bids for Banksy's work after the artist destroyed some of his work in a stunt soon after it was sold for just over 1m on 6 October at Sotheby's in London.

It passed through a shredder seemingly built into the frame which held it.

The artist posted the moment on his Instagram with a comment reading "Going, going, gone".

The Slave Labour mural first appeared on the side of a Poundland Building inthe Wood Green area of London, and is valued at around £600,000.

It will go to auction on 19 November, alongside other works by the mysterious street artist.

Banksy print to be sold at auction

A print from the elusive street artist Banksy is going to be put on sale in Worcestershire.

The picture HMV, along with a certificate of authenticity, depicts the famous logo of the music store of the same name, but with the dog holding a rocket launcher into the gramophone.

It will be sold next month at Philip Serrall's auction house in Malvern and is expected to raise between £7,000 and £10,000.