British street artist Banksy has created history yet again. The work by the artist called “Love is in the Bin” that self-shredded just after it was sold at an auction three years ago fetched almost 18.6 million pounds ($25.4 million) on Thursday, which is a record for the artist.

The current price is close to 20 times its pre-shredded price.

The artwork was put up on auction by Sotheby’s in London and the presale estimate was 4 million pounds to 6 million pounds ($5.5 million to $8.2 million).

It took just 10 minutes for the price to shoot up to three times the high estimate. The bidding war involved nine bidders in the saleroom, online and by phone. The sale price of 18,582,000 pounds ($25,383,941) includes a sales tax known as a buyer’s premium.

Also read: Banksy painting sold for £16.75 million, proceeds to benefit UK health service

The piece consists of a half-shredded canvas in an ornate frame bearing a spray-painted image of a girl reaching for a heart-shaped red balloon.

When it last sold at Sotheby’s in October 2018, the piece was known as “Girl With Balloon.” Just as an anonymous European buyer made the winning bid — for 1 million pounds ($1.4 million) — a hidden shredder embedded in the frame by Banksy whirred to life, leaving half the canvas hanging from the frame in strips.

Sotheby’s received some criticism at the time for failing to spot the hidden shredder. But the 2018 buyer decided to go through with the purchase, a decision that was vindicated on Thursday as the work’s price soared.

The work quickly became one of Banksy’s most famous, and Sotheby’s sent it on tour to cities including New York and Hong Kong before Thursday’s auction.

“Girl With Balloon” was originally stenciled on a wall in east London and has been endlessly reproduced, becoming one of Banksy’s best-known images.

Banksy, who has never confirmed his full identity, began his career spray-painting buildings in Bristol, England, and has become one of the world’s best-known artists. His mischievous and often satirical images include two male police officers kissing, armed riot police with yellow smiley faces, and a chimpanzee with a sign bearing the words, “Laugh now, but one day I’ll be in charge.”