Million-pound Banksy painting gets shredded.

[Loben]

anyway, Banksy is an over pretentious prick riding on the coattails of Michelangelo

Modern art is trash and for fucks sake refund the buyer.

[Petrolheadia]

anyway, Banksy is an over pretentious prick riding on the coattails of Michelangelo

Modern art is trash and for fucks sake refund the buyer.

Why refund? This was a key piece of the artwork.

[Loben]

anyway, Banksy is an over pretentious prick riding on the coattails of Michelangelo

Modern art is trash and for fucks sake refund the buyer.

Why refund? This was a key piece of the artwork.

if i paid a million dollars for an intact art piece only to have it shredded, key piece of it or not, i'd be on a rampage.

[Des-Bal]

if i paid a million dollars for an intact art piece only to have it shredded, key piece of it or not, i'd be on a rampage.

If you were a banksy fan you might appreciate it but in any case a person who agreed to purchase an unshredded painting couldn't be required to pay for a shredded painting.

[Medwedian Democratic Federation]

This is not art. This is trash.

I am sure that Banksy is making fun of exactly this. He will be laughing his a** off while the confetti is resold at an even higher price.

It is not surprising that he could literally sell a blank canvas for several hundred thousand dollars.

Per definitionem, every doctor or teacher could do so. Or every office worker. Or every carpenter. Or even some homeless person from the street.

Yet, it does not happen. This is clearly making grotesque fun of the system, of how people can earn millions while literally sh*tting (yes, there is such “art” too) while others are starving because they can’t find work.

This is appalling even to me as a hardcore capitalist who believes that poverty is sometimes a lifestyle choice. I wonder what the socialists here have to say about that painting...

[Ethel mermania]

i wasnt a banksy fan. then he did his NYC residence. I am now a banksy fan.

i dont like this. someone purchased a piece of art that was destroyed after he bought it. once it is sold i dont think the art belongs to the artist anymore. i am curious about the outcome

[Prussian Polish Commonwealth]

Who? What? Why should I care?

[Herskerstad]

Well

I must say that was quite a clever performance.

[Des-Bal]

i wasnt a banksy fan. then he did his NYC residence. I am now a banksy fan.

i dont like this. someone purchased a piece of art that was destroyed after he bought it. once it is sold i dont think the art belongs to the artist anymore. i am curious about the outcome

Well his only damages are the loss of the painting and that loss occurred immediately after the value of the painting was established at an auction so he wouldn't be entitled anything except the loss of the painting.

[Scomagia]

i wasnt a banksy fan. then he did his NYC residence. I am now a banksy fan.

i dont like this. someone purchased a piece of art that was destroyed after he bought it. once it is sold i dont think the art belongs to the artist anymore. i am curious about the outcome

I think the outcome depends on the buyer's reaction. If they like this, no trouble. If not, they've got grounds to pursue fraud charges.

[Des-Bal]

I think the outcome depends on the buyer's reaction. If they like this, no trouble. If not, they've got grounds to pursue fraud charges.

No, no way. The only damages are the loss of the painting, unless they can clearly establish that they would have sold the painting for more and that they can no longer do that their damages are the amount of money they would have spent. They only have those damages if Banksy tries to collect in which case it would be him suing them to enforce the terms of the purchase.

[Chan Island]

Bit hard on that buyer. I'd be unhappy if I just spent a million on a nice painting just to watch it get shredded.

[Dooom35796821595]

Bit hard on that buyer. I'd be unhappy if I just spent a million on a nice painting just to watch it get shredded.

Since it was shredded at the auction, I doubt the money had been transferred yet, and if it had it would probably be refunded.

[Scomagia]

I think the outcome depends on the buyer's reaction. If they like this, no trouble. If not, they've got grounds to pursue fraud charges.

No, no way. The only damages are the loss of the painting, unless they can clearly establish that they would have sold the painting for more and that they can no longer do that their damages are the amount of money they would have spent. They only have those damages if Banksy tries to collect in which case it would be him suing them to enforce the terms of the purchase.

No. Their expectation was that they were buying a whole painting. If I sold you a fridge that you didn't know was designed to self destruct upon purchase, you could rightly sue me for fraud. You had an expectation of the performance of the product and I did nothing to inform you that it would perform otherwise and that I had, in fact, designed it to perform contrary to those reasonable expectations.

[Des-Bal]

No. Their expectation was that they were buying a whole painting. If I sold you a fridge that you didn't know was designed to self destruct upon purchase, you could rightly sue me for fraud. You had an expectation of the performance of the product and I did nothing to inform you that it would perform otherwise and that I had, in fact, designed it to perform contrary to those reasonable expectations.

Right and the appropriate reward is expectation damages calculated as the difference in cost between the value of the fridge as advertised and the value of the actual fridge. Because the exploded fridge is valueless the amount you would owe me would be the amount I was going to pay. But, if the fridge exploded as soon as we shook I wouldn't have given you the money and I'd tell you to get lost in a good book. I can't sue you because if I haven't paid yet I haven't actually lost anything.

[Scomagia]

No. Their expectation was that they were buying a whole painting. If I sold you a fridge that you didn't know was designed to self destruct upon purchase, you could rightly sue me for fraud. You had an expectation of the performance of the product and I did nothing to inform you that it would perform otherwise and that I had, in fact, designed it to perform contrary to those reasonable expectations.

Right and the appropriate reward is expectation damages calculated as the difference in cost between the value of the fridge as advertised and the value of the actual fridge. Because the exploded fridge is valueless the amount you would owe me would be the amount I was going to pay. But, if the fridge exploded as soon as we shook I wouldn't have given you the money and I'd tell you to get lost in a good book. I can't sue you because if I haven't paid yet I haven't actually lost anything.

I seem to have been working under a misunderstanding. The buyer hadn't actually bought it when it self destructed? No money had changed hands?

[Des-Bal]

I seem to have been working under a misunderstanding. The buyer hadn't actually bought it when it self destructed? No money had changed hands?

I mean I assume not, based on the descriptions and photos it happened while people were still seated for the auction.

[Infected Mushroom]

This Banksy...

is such a circus clown...

what a play, what a play...

It wouldn't surprise me if the buyer literally yelled out:

Buyer: "OH MY GOD! ... BANKSY YOU SON OF A B****!"

Banksy: My good sir it was nothing personal I assure you. It was entirely artistic.

Buyer: "F*** you!"

Audience claps at this nonsense...

[Scomagia]

I seem to have been working under a misunderstanding. The buyer hadn't actually bought it when it self destructed? No money had changed hands?

I mean I assume not, based on the descriptions and photos it happened while people were still seated for the auction.

Obviously there's no problem if that's how it went down.

[Liriena]

This act is a brilliant piece of performance art, far better than anything physical he's produced.

Gonna have to agree with DI. This was cool and rad on Banksy's part. All my respect to the dude.

[Liriena]

Bit hard on that buyer. I'd be unhappy if I just spent a million on a nice painting just to watch it get shredded.

Counterpoint: if you are rich enough to buy a million-pound Banksy and you willingly buy that Banksy, you kinda deserve it.

[UniversalCommons]

They should take all the shredded pieces put them in a mason jar and put the jar up for auction. It will probably be worth even more than the painting.

[Loben]

Bit hard on that buyer. I'd be unhappy if I just spent a million on a nice painting just to watch it get shredded.

Counterpoint: if you are rich enough to buy a million-pound Banksy and you willingly buy that Banksy, you kinda deserve it.

you know destroying art is basically shitting in the street, right?

[Torsiedelle]

Get nae-nae'd, buyer.

I'd be sort of pissed if I bought the painting, personally, but hearing about it is pretty great. Takes "just a prank bro" to a whole new meaning.

I also find it funny as a sort of jab at the idea of people buying paintings for absurd prices. I can appreciate that bit, at least.

That said, never really heard of Banksy before this. Then again, perhaps the stunt was a good one, if it's got more people talking about it.

[Unstoppable Empire of Doom]

Rich assholes.