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A version of "Girl With Balloon" by Banksy.

The buyer of the $1.4 million Banksy painting that shredded itself has decided to keep her purchase

The person who purchased Banksy's "Girl With a Balloon" for $1.4 million at a Sotheby's auction is keeping it, even though it was shredded by its own frame. Some analysts say the painting may now be even more valuable. Banksy gave the painting a new name: "Love Is in the Bin."
A version of "Girl With Balloon" by Banksy.

One of Banksy’s paintings shredded itself after it sold at auction — and now it might be even more valuable

Banksy's "Girl With Balloon" automatically shredded after being sold at auction for $1.4 million. Some experts speculate it may be even more valuable now that it's been destroyed. A representative for Sotheby's said it didn't know the shredder was in the frame.
The 1962 Ferrari 250 GTO that sold for $48.4 million at an auction on Saturday.

A 1962 Ferrari 250 GTO just sold for a record-breaking price of $48.4 million at auction

A 1962 Ferrari 250 GTO sold for a record price of $48.4 million dollars at an RM Sotheby's Auction in Monterey, California on Saturday. The $48.4 million dollar price tag was the most a vintage car has ever sold for at an auction.

A nude painting just sold in New York for a record-breaking $157 million — here are the 15 most expensive paintings ever sold

This week, Sotheby's New York broke its own sales record, selling Italian artist Amedeo Modigliani's "Nu couché (sur le côté gauche)" for a record-breaking $157.2 million. This sale breaks the top 15 most expensive paintings ever sold via auction or private sale.

Russell Crowe is auctioning off a $35,000 dinosaur skull that he bought from Leonardo DiCaprio

Russell Crowe is auctioning off a dinosaur skull that he bought from Leonardo DiCaprio, which has an estimated worth between $35,000 and $40,000.

A BMW sports car once owned by Steve Jobs is going up for auction — and it’s expected to sell for up to $400,000

Steve Jobs bought the BMW Z8 roadster in 2000 after being named permanent CEO of Apple. The car will be put up for auction in December.

Millions of dollars’ worth of Apollo moon-landing gear is up for auction on eBay

A bag that astronauts stuffed full of the first lunar soil samples could be yours for $2 million — just in time for the Apollo 11 mission's 48th anniversary.

A ‘paradox’ is plaguing the art market

There's still demand from collectors, but sellers do not think that this is the best market environment for them.

The world’s rich are in ‘wait and see mode’

Asian clients are buying less art, but they're buying such expensive art that it's becoming a bigger share of all art sold.