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Flag (silver) - Unsigned Print by Banksy 2008 - MyArtBroker

Flag (silver)
Unsigned Print

Banksy

£8,000-£11,500Value Indicator

$16,000-$23,000 Value Indicator

$14,500-$21,000 Value Indicator

¥70,000-¥110,000 Value Indicator

9,500-14,000 Value Indicator

$80,000-$110,000 Value Indicator

¥1,530,000-¥2,190,000 Value Indicator

$10,000-$14,500 Value Indicator

-3% AAGR

AAGR (5 years) This estimate blends recent public auction records with our own private sale data and network demand.

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Medium: Screenprint

Edition size: 1000

Year: 2008

Size: H 50cm x W 70cm

Signed: No

Format: Unsigned Print

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Banksy's Flag (silver) (unsigned), a screenprint from 2008, is a rare and sought-after artwork with an estimated value of £7,500 to £11,500. This piece has shown consistent performance on the market, with an auction history of 56 total sales since its entry to the market in January 2015. In the last 12 months, the average selling price was £7,250, across 6 total sales. Over the past five years, the hammer price has ranged from £6,000 in March 2020 to £35,000 in September 2020, with an average annual growth rate of -4%. The edition size of this artwork is limited to 1,000.

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Auction Results

Auction DateAuction HouseLocation
Hammer Price
Return to Seller
Buyer Paid
October 2024Tate Ward Auctions United Kingdom
October 2024Forum Auctions London United Kingdom
September 2024Sotheby's Online United Kingdom
September 2024Tate Ward Auctions United Kingdom
June 2024Tate Ward Auctions United Kingdom
June 2024Forum Auctions London United Kingdom
March 2024Tate Ward Auctions United Kingdom

Meaning & Analysis

This original limited edition screen print comes in two different colours: silver and gold – the silver being the most sought-after as 1000 prints were released as part of the famous artist’s Santa’s Ghetto exhibition on Oxford Street in London in 2006. Banksy’s website states: “an extremely limited number of silver Flags were available on formica from Lazarides. Printed on hardboard, these were signed (with Banksy’s signature scratched into the surface) from an edition of 20.”

The eerie, heavily contrasted image shows a group of children and adults climbing on top of a car, where two female figures are standing holding the American flag against a large, silver moon as background. One interpretation for this powerfully haunting work could be the “American Dream” and its roots in violence and unrest. The print references an iconic photograph Raising the Flag on Iwo Jima by photographer Joe Rosenthal, taken on February 23, 1945. The photo depicts six US Marines lifting the Stars and Stripes atop Mount Suribachi during the battle of Iwo Jima, in World War II. Instead of Marines, Banksy inserted figures of the disenfranchised youth into the image.