In a video released Wednesday, Banksy revealed the "Girl With Balloon" shredding stunt malfunctioned at Sotheby's, noting that it "worked every time" in rehearsals.
Also revealed: the mechanisms inside the frame that supposedly shredded the art were more complicated than the originally shown X-acto blades.
Its new owner, a woman in good standing with the auction house, paid £1.04m for the pre-shredded work and will keep it. The ribboned piece is now called, "Love Is in the Bin."
Previously: Myth-busting the self-shredding Banksy painting