Shredded Banksy canvas 'Love Is In The Bin' sells for record £18.58mil

A gallery assistant poses by 'Love Is In The Bin', an artwork by Banksy, which sold for £18.58mil (RM106mil) at Sotheby's in London on Oct 14. Photo: Reuters

A partially shredded canvas of one of Banksy's most celebrated works sold at auction in London on Thursday for £18.58mil (RM106mil), a new record for the British artist, three years after the artwork was bought for a fraction of that price.

The artwork - now called Love Is In The Bin - sold for nearly £1.1mil (RM6.3mil) at the same Sotheby's auction house location in October 2018, before it dramatically passed through a shredder hidden in the large Victorian-style frame moments later.