'We just got Banksy'd'.
Seen as one of the most famous forms of performance art in history, the 'Girl with Balloon' artwork was destroyed by none other than Banksy himself. This made collectors fall in love with the artwork even more. If only all damage to artwork was done purposely by Banksy, but unfortunately it isn't. Get tailored insurance to protect your Love is in the Bin artwork and its legacy.
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What does Banksy Love is in the Bin Art Insurance Cover?
Banksy’s Love is in the Bin stands as one of the most revolutionary moments in contemporary art history—both an artwork and a performance piece. Unveiled in October 2018 during a Sotheby’s auction, the work was originally Girl with Balloon, one of Banksy’s most beloved images. Moments after the gavel dropped and the piece was sold for £1.04 million, a shredder hidden within the frame activated, slicing the artwork in half. The partially destroyed canvas stunned the art world and instantly transformed into a new artwork: Love is in the Bin. In a single act, Banksy blurred the lines between creation and destruction, challenging the commodification of art and reasserting his role as a subversive provocateur.
This piece is both a continuation and a rebirth of Girl with Balloon. The upper portion remains intact, depicting the young girl reaching out toward a red heart-shaped balloon—a symbol of lost innocence and enduring hope. Below, the shredded strips dangle like a physical metaphor for the volatility of the art market, questioning the value placed on authorship, originality, and spectacle. Far from diminishing its worth, the act of partial self-destruction elevated Love is in the Bin to legendary status, making it the first artwork in history to be created live during an auction.
Our bespoke insurance ensures your Love is in the Bin is protected with the utmost discretion and expertise. From high-value coverage to tailored risk management, we understand the complexities of owning a piece that is not just art, but a moment of cultural transformation.
Who is Banksy Love is in the Bin Art Insurance for?
All images used are credited to their respective owners and remain the copyright of the original creators.
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You might be wondering
Can you insure multiple items with Collection Cover?
Yes, you can insure multiple high-risk items with Collection Cover on a standalone policy.How do I value my collection?
You can value your collection with a qualified valuer or appraiser who specialises in your type of collection whether it’s fine art, jewellery, watches, handbags, or memorabilia. They can provide a professional assessment and documentation to support your collection’s value.How does Collection Cover work?
Collection Cover offers specialist high-value digital insurance for collectors across the UK. You get a 60 second personalised quote, fill out your information in minutes, then you buy the cover instantly, where you can manage your entire policy online 24/7.Where can I find my details?
You can find your policy details in your personal portal. You can You can login here.Is there a discount if I recommend friends or family?
Yes! As part of our Collection Club, we offer a refer-a-friend program and many other exclusive benefits. By recommending friends or family, you can enjoy added perks and discounts as a valued member.Is Collection Cover a stand-alone policy?
Yes, Collection Cover acts as a standalone policy for high-value items. If your home insurance cannot insure your high-risk items, Collection Cover can.What does Collection Cover insure?
Collection Cover insures multiple high-value items like watches, art, handbags, jewellery, trading cards, and memorabilia. For a full list of what we insure, you can see it here.
What else we cover
We offer extensive coverage for items across different categories, all within a single policy.
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