12 lots sold at auction in 2023 for a total turnover of USD 22,687,315.
With 4 lots unsold, the sell-through rate is 75%. The highest price was achieved at Phillips in New-York on 17 May 2023 with Banksy’s homage to Jean-Michel Basquiat, Banksquiat, Boy and Dog in Stop and Search,dated 2018, sold for USD 9,724,500. 6 lots sold for more than USD 1 million, generating a cumulative turnover of USD 20,520,352, representing 90.5% of the total turnover for 2023.
#1. Banksquiat. Boy and Dog in Stop and Search, 2018
Phillips New-York: 17 May 2023
Estimated: USD 8,000,000 – 12,000,000
USD 9,724,500
Banksy – 20th Century & Contemporary Art… Lot 13 May 2023 | Phillips
BANKSY
Banksquiat. Boy and Dog in Stop and Search, 2018
Acrylic and wax marker on birch wood, in 3 parts
243.8 x 344.5 cm (96 x 135 5/8 inches)
Signed “Banksy” lower right
Banksquiat. Boy and Dog in Stop and Search, executed on panel in 2018, features two figures from Jean-Michel Basquiat’s 1982 painting, Boy and Dog in a Johnnypump, being frisked by members of London’s Metropolitan Police. Basquiat’s boy and dog are rendered in the late artist’s gestural painterly style, while the police officers are executed using Banksy’s signature black-and-white stencil technique. A collaboration beyond space and time, the work unites two street art giants from either side of the Atlantic in a cogent commentary on commodification and privilege in contemporary art.
#2. Forgive Us Our Trespassing, 2011
Phillips London: 13 October 2023
Estimated: GBP 2,200,000 – 2,800,000
GBP 2,710,000 / USD 3,288,885
Banksy – 20th Century & Contemporary… Lot 32 October 2023 | Phillips
BANKSY
Forgive Us Our Trespassing, 2011
Spray paint and domestic gloss on plywood
244×122 cm (96 1/8 x 48 inches)
Signed and dated ‘Banksy 11’ on the reverse
#3. Congestion Charge, 2004
Bonhams London: 29 June 2023
Estimated: GBP 1,200,000 – 1,800,000
GBP 1,681,900 / USD 2,121,735
Bonhams : BANKSY (B. 1974) Congestion Charge 2004
Oil on canvas in the artist’s frame
68.5 x 78.7 cm (26 15/16 x 31 inches)
Congestion Charge from 2004 is a unique and rare example of Banksy’s Vandalized Oil series also referred to as Crude Oils. Bought from Santa’s Ghetto by Sir Paul Smith in 2004, the work has remained in the British fashion icon’s distinguished private collection ever since and comes to auction for the very first time. Made famous through a now iconic show in 2005 with the same title, the Crude Oils consist of reimagined old master paintings such as such as Show Me The Monet and Sunflowers From Petrol Station alongside modified traditional oils on canvas like the present work. Bought at flea markets around London, Banksy would add his own subversive touches to classical canvas paintings, a congestion charge sign in an otherwise idyllic traditional landscape, injecting new paradoxical meaning into the outdated artwork. This act of subversion serves as a commentary on the commercialization of art and the collective memory of historical and present events. Banksy’s modifications challenge the original context and narrative of the paintings, highlighting the power of art to disrupt and provoke critical thought about societal issues and the role of art in shaping collective consciousness.
#4. Home Sweet Home, 2006
Phillips London: 2 March 2023
Estimated: GBP 1,500,000 – 2,500,000
GBP 1,742,000 / USD 2,079,751
Banksy – 20th Century & Contemporary A… Lot 21 March 2023 | Phillips
BANKSY
Home Sweet Home, 2006
Modified oil on canvas, in artist’s frame
80×110 cm (31 1/2 x 43 1/4 inches)
Signed and dated ‘Bansky 06’ on the reverse
No stranger to staging interventions in public space and sparking debates about its uses and abuses, in 2009 Banksy took this practice indoors for the landmark exhibition Banksy vs The Bristol Museum. Taking over the historical building and its collection, Banksy transformed the space into ‘a menagerie of Unnatural History’, disrupting the curatorial logic of the museum as a way of provoking a conversation around who decides which objects belong in museums and why. Alongside larger installations and sculptural pieces ‘adjusted’ in characteristic Banksy fashion, the exhibition took advantage of its location to place objects from the collection into direct dialogue with examples of Banksy’s Vandalised Oils series, radically extending the underlying premise of this body of work as a witty challenge to the art historical canon and the broader cultural assumptions that it maintains.
#5. Brace Yourself!, 2010
Julien’s Auctions: 29 March 2023
Estimated: USD 600,000 – 800,000
USD 2,032,000
Julien’s Auctions (juliensauctions.com)
BANKSY (b. 1974)
Brace Yourself!, 2010
Acrylic on canvas
244×183 cm (8×6 feet)
Signed and dated to the lower left center
#6. Dorothy I Don’t Think…, 2011
Christie’s London: 28 June 2023
Estimated: GBP 600,000 – 800,000
GBP 1,008,000 / USD 1,273,531
BANKSY
Dorothy I Don’t Think…, 2011
Spray paint on lino flooring laid on board
100×80 cm (39 3/8 x 31 1/2 inches)
Signed ‘BANKSY’ (lower right); signed and dated ‘BANKSY 11’ (on the reverse)
Held in the same private collection since it was acquired directly from the artist in 2011, Dorothy I Don’t Think … crackles with Banksy’s deadpan conceptual wit. Rare for its inclusion of the artist’s signature on both the front and reverse, the work depicts Dorothy—played by Judy Garland—and her dog Toto from the 1939 film The Wizard of Oz. Below runs the phrase ‘I don’t think we’re on canvas anymore’: a pun on Dorothy’s iconic line ‘I’ve a feeling we’re not in Kansas anymore’. Canvas, indeed, has vanished: instead the image is spray-painted on a slab of lino floor, underscored by a series of red dots. An earlier version of the work was included in Banksy’s infamous exhibition Banksy versus Bristol Museum (2009), in which he replaced the contents of the museum’s collection with his own works. In this iteration, which became the poster image for the show, the picture appeared on a sheet of paper suspended freely from the center of an empty frame.
#7. Flower Chucker, 2003
Sotheby’s London: 31 March 2023
Estimated: GBP 300,000 – 400,000
GBP 381,000 / USD 454,871
Flower Chucker | Modern & Contemporary Day Auction | 2023 | Sotheby’s (sothebys.com)
BANKSY (b. 1974)
Flower Chucker, 2003
Spray paint on cardboard
21 1/2 x 22 inches (54.5 x 56 cm)
Stenciled with the artist’s name
An iconic symbol of anarchy, Banksy’s Flower Chucker adopts the archetypal pose of civil disobedience, preparing to throw a bomb or a Molotov cocktail in the air towards an unseen enemy. Yet, the weapon is replaced with a bouquet of flowers, disarming the image of its connotations of violent unrest and expressing a potent call for peace. In the tradition of other historically iconic images that preceded it, such as Leonardo da Vinci’s Mona Lisa and Andy Warhol’s Marilyn, the image of the flower thrower has been imitated and replicated countless times in a testament to its visual strength and power.
#8. Police Car, 2003
Digard Auction: 12 December 2023
Estimated: EUR 300,000 – 500,000
EUR 364,000 / USD 393,725
BANKSY (Britannique, né en 1975) (digard.com)
BANKSY
Police Car, 2003
Spray paint and mixed media on cardboard
73×105 cm (28.7 x 41.3 inches)
Unique in this format
#9. Single Lane Ahead, 2011
Heritage Auctions: 30 March 2023
Estimated: USD 300,000 – 500,000
USD 362,500
BANKSY (b.1974)
Single Lane Ahead, 2011
Spray enamel on street sign
119×119 cm (47×47 inches)
Metal pole: 238 cm high (91 inches)
Signed and dated on reverse: BANKSY / 2011
#10. Warning Sign, 2006
Heritage Auctions: 30 March 2023
Estimated: USD 300,000 – 500,000
USD 362,500
BANKSY (b. 1974)
Warning Sign, 2006
Spray enamel on street sign
80×80 cm (31 1/2 x 31 1/2 inches)
Metal pole: 238 cm (94 inches) high
Signed on reverse: BANKSY
#11. Exclamation Rat, 2003
Sotheby’s London: 18 April 2023
Estimated: GBP 220,000 – 320,000
GBP 279,400 / USD 346,994
Exclamation Rat | Contemporary Curated | 2023 | Sotheby’s (sothebys.com)
BANKSY (b. 1974)
Exclamation Rat, 2003
Spray paint on canvas
40 x 30.5 cm (15 3/4 x 12 inches)
Tagged on the overturn edge
A mischievous example of Banksy’s satirical and highly sought after animal stencils, Exclamation Rat is an iconic image that encapsulates the artist’s rebellious visual language. Hunted down by authorities, considered nuisances by society, and looked down upon by the establishment, Banksy and street art form an inextricably linked comradery with the rat; the dregs of society. By giving the figure of the rat visibility on the world stage, Banksy speaks for those oppressed and defeated by the endless competition and consumerism that exists in our capitalistic society.
#12. Heavy Weaponry (On Multi-Colored Background), 2009
Christie’s London: 29 June 2023
Estimated: GBP 200,000 – 300,000
GBP 195,300 / USD 246,373
BANKSY
Heavy Weaponry (On Multi-Colored Background), 2009
Spray-paint and acrylic on board, in artist’s frame
59.4 x 70 x 5.5 cm (23 3/8 x 27 1/2 x 2 1/8 inches)
Signed ‘BANKSY’ (lower right); signed and dated ‘BANKSY 09’ (on the reverse)
This work is from a varied series
Presented in an artist’s frame, Heavy Weaponry (On Multi-Colored Background) is a striking example of Banksy’s satirical and socially charged compositions. Executed in 2009, it is closely related to another version that featured in his landmark exhibition Banksy vs the Bristol Museum that same year. Rendered in his instantly recognizable hand-cut stencil technique, the work depicts an elephant charging across the picture plane with a missile strapped to its back. Behind the animal, brightly-coloured stripes recall a television error screen. Capturing the anti-war sentiment that has fuelled some of Banksy’s best-known images, the motif of the armed elephant has recurred throughout his practice. First depicted in spray paint on fibreboard in 1998—against a colourful barcode labelled ‘Heavy Weaponry’—it was reimagined on canvas in 2000, spray-painted onto weathered iron in 2001, and depicted over another work, titled Radar Rat, on cardboard in 2002. Replete with biting humor and dark irony, the present work offers a refinement of Banksy’s original spray-painted motif, returning for the first time to the colorful background introduced a decade earlier.
Lots Passed
Keep It Real, 2003
Christie’s London: 14 October 2023
Estimated: GBP 250,000 – 350,000
PASSED
BANKSY, Keep It Real | Christie’s (christies.com)
BANKSY
Keep It Real, 2003
Spray paint on canvas
30.5 x 30.5 cm (12×12 inches)
Tagged ‘Banksy’ (on the turnover edge); numbered ’11⁄15′ (on the stretcher)
This work is number eleven from an edition of fifteen
Exclamation Rat, 2006
Bonhams London: 12 October 2023
Estimated: GBP 200,000 – 300,000
PASSED
Bonhams : BANKSY (B. 1975) Exclamation Rat 2006
Spray paint on canvas
40.3 x 30.1 cm (15 7/8 x 11 7/8 inches)
Tagged on the turnover edge; numbered 2/25 on the overlap
This work was executed in 2006 and is number 2 from an edition of 25