Share on twitter
Share on facebook
Share on pinterest
Share on email

Flying Copper Auction Results

BY

BANKSY
Flying Copper, 2003
Screenprint in colors on wove paper
Sheet: 100×70 cm (39 3/8 x 27 1/2 inches)
Printer & Publisher: Pictures on Walls, London
Editions: 600 unsigned, 150 signed
Artist’s Proofs
Pink AP: 63 signed AP
Pink Face AP: 8 signed AP

 

 


Auction Market Overview


Flying Copper (unsigned)

The auction history of Flying Copper (unsigned) offers one of the clearest examples of how the Banksy print market distinguishes between strong collector images and true cultural icons. The work is unmistakably Banksy: a riot police officer is given angel wings and a yellow smiley face, turning the machinery of authority into a ridiculous, almost toy-like apparition. It is funny, menacing, absurd, and politically sharp at the same time.

Before the pandemic-era expansion, Flying Copper traded within a relatively modest but stable range. In 2019, most results fell between approximately $13,000 and $20,000, with a median around $18,702. At that stage, the print was already well known among Banksy collectors, but it was still positioned as an accessible edition rather than a trophy work.

The market changed dramatically in 2020. As demand for Banksy prints accelerated, Flying Copper was pulled into the speculative expansion with considerable force. Several results exceeded $85,000, and the December 2020 Forum Auctions sale at approximately $116,715 marked the strongest result in the dataset. Phillips Hong Kong also achieved approximately $106,000 that same month, confirming that the market strength was not isolated to one auction.

The boom continued into 2021, although prices became more uneven. Results ranged from the low $40,000s to nearly $90,000, with a 2021 median around $70,780. This confirmed that Flying Copper had meaningfully repriced during the broader Banksy frenzy, even if it did not reach the heights of Girl With Balloon, Love Is In The Air, or Choose Your Weapon.

The correction began in 2022. While the year still produced one exceptional SBI Art Auction result at approximately $104,810, most sales had already moved into a lower range between roughly $25,000 and $55,000. By 2023, the market had softened further, generally trading between $20,000 and $36,000. In 2024 and 2025, the work stabilized close to the $16,000–$23,000 range.

In 2025, the median price is approximately $19,465. This is only modestly above the 2019 pre-boom level, showing that most of the speculative premium has disappeared. That does not mean Flying Copper lacks importance. On the contrary, the image remains one of Banksy’s sharpest visual contradictions: an authoritarian figure presented as both angelic and absurd, threatening and childish, faceless and smiling.

The market lesson is more subtle. Flying Copper is a respected Banksy image, but it has not achieved the same broad public recognition as Girl With Balloon or Love Is In The Air. During speculative markets, that distinction matters less; during corrections, it matters enormously. Collectors become more selective, and the strongest value retention concentrates around the most iconic images. Liquidity remains relatively strong. The work appears regularly across major and specialist auction houses, including Sotheby’s, Christie’s, Phillips, Bonhams, Forum Auctions, Tate Ward, SBI Art Auction, and others. This suggests continued collector demand, but at a more disciplined valuation level.

Key Takeaways

  1. Flying Copper (unsigned) experienced a dramatic pandemic-era expansion, rising from a 2019 range around $13,000–$20,000 to peak results above $100,000.
  2. The December 2020 Forum Auctions result at approximately $116,715 represents the high-water mark of the dataset and should be understood as a peak-cycle result rather than a sustainable benchmark.
  3. The market corrected sharply after 2021, with 2024–2025 results returning close to the pre-pandemic range.
  4. The work remains liquid and conceptually strong, but it behaves more like a collector’s Banksy than a broad-market trophy image.
  5. Current prices suggest a more rational and sustainable market, driven by established collector interest rather than speculative momentum.

Flying Copper is therefore an important case study within the Banksy print market. It shows that a work can be visually brilliant, conceptually strong, and historically relevant while still retaining less speculative value than the artist’s most universally recognized images.

Flying Copper (signed)

The auction history of Flying Copper (signed) reveals a market that has followed the broader Banksy cycle while remaining considerably stronger than its unsigned counterpart. Featuring a smiling riot policeman equipped with angel wings, the image is one of Banksy’s most memorable visual contradictions, transforming authority into satire and aggression into absurdity.

Before the pandemic-era boom, the signed edition traded around $50,000, already reflecting its status as a desirable Banksy print. The market accelerated sharply in 2020 and reached its peak in March 2021 when Forum Auctions achieved approximately $158,320, the highest result in the dataset. Like many Banksy editions, Flying Copper benefited from the extraordinary demand that swept through the market during this period. The correction began in 2022, although prices remained relatively robust compared with many unsigned editions. The work achieved approximately $104,105 at SBI Art Auction in 2022 before gradually normalizing. By 2023, results ranged between roughly $44,000 and $76,000, while the two recorded sales in 2025 settled around $38,000–$41,000.

The key observation is that Flying Copper (signed) has retained value significantly better than the unsigned edition. While the unsigned version has largely returned to its pre-pandemic levels, the signed edition continues to command a meaningful premium and remains firmly positioned within the mid-tier of the Banksy print market. Overall, Flying Copper (signed) illustrates the difference between a strong collector favorite and a true blue-chip Banksy image. The work continues to enjoy healthy demand and liquidity, but the market ultimately reserves its highest premiums for Banksy’s most universally recognized compositions.


Flying Copper (unsigned)


2026 Auction Results


Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward Auctions: 24 June 2026
London, UK

Estimated: GBP 10,000 – 12,000
GBP 17,500
GBP 17,500 / USD 23,445

Flying Copper (unsigned), 2003
Edition: 225/600
Phillips London: 4 June 2026
London, UK

Estimated: GBP 8,000 – 12,000
GBP 17,500
GBP 19,350 / USD 25,995

 

 

 

Flying Copper (unsigned), 2003
Edition: 375/600
Swann Auction Galleries: 4 June 2026
New-York, USA

Estimated: USD 12,000 – 18,000
USD 22,860
GBP 17,015 / USD 22,860

 

 

Flying Copper (unsigned), 2003
Edition: 101/600
Heritage Auctions: 23 April 2026
Dallas, USA

Estimated: USD 10,000 – 15,000
USD 27,500
GBP 20,470 / USD 27,500

Flying Copper (unsigned), 2003
Edition: 59/600
Sotheby’s London: 25 March 2026
London, UK

Estimated: GBP 8,000 – 12,000
GBP 17,920
GBP 17,920 / USD 23,995

 

Flying Copper (unsigned), 2003
Edition: 101/600
Heritage Auctions: 29 January 2026
Dallas, USA

No Estimates Received
USD 27,500
GBP 20,470 / USD 27,500

 

2025 Auction Results


# Lots sold: 6 Lots
Average Price: GBP 14,395 (USD 19,385)

XXXXXXXXXX


Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward: 30 October 2025
London, UK
Estimated: GBP 10,000 – 15,000
GBP 12,500
GBP 12,500 / USD 16,780

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 15 October 2025
London, UK
Estimated: GBP 12,000 – 18,000
GBP 12,000 (Hammer)
GBP 15,804 / USD 21,175

Flying Copper (unsigned), 2003
Edition: 387/600
Sotheby’s online: 24 September 2025
London, UK
Estimated: GBP 12,000 – 18,000
GBP 16,510
GBP 16,510 / USD 22,215

Flying Copper (unsigned), 2003
Edition: 303/600

Bonhams London: 24 September 2025
London, UK

Estimated: GBP 12,000 – 15,000

GBP 12,800
GBP 12,800 / USD 17,220

 

Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward: 18 September 2025
London, UK
Estimated: GBP 8,000 – 12,000
GBP 13,750
GBP 13,750 / USD 18,565

 

Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward: 13 August 2025
London, UK
Estimated: GBP 12,000 – 18,000
GBP 15,000
GBP 15,000 / USD 20,360

 

2024 Auction Results


# Lots sold: 3 Lots
# Lots passed: 2 Lots
Average Price: GBP 15,445 (USD 19,775)

XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 4 December 2024
London, UK
Estimated: GBP 10,000 – 15,000
GBP 9,500 (Hammer)
GBP 12,730 / USD 16,525

Flying Copper (unsigned), 2003
Edition: 253/600
Sotheby’s London: 2 August 2024
London, UK
Estimated: GBP 12,000 – 18,000
GBP 15,600
GBP 15,600 / USD 19,970

Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward Auctions: 20 March 2024
London, UK
Estimated: GBP 14,000 – 18,000
GBP 18,000
GBP 18,000 / USD 22,830

XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: 375/600
LA Modern: 10 October 2024
Estimated: USD 20,000 – 30,000
PASSED


XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: 460/600
Christie’s London: 1 October 2024
Estimated: GBP 15,000 – 25,000
PASSED


 

2023 Auction Results


# Lots sold: 6 Lots
# Lots passed: 1 Lot
Average Price: GBP 23,560 (USD 28,905)

XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: 265/600
Heffel Fine Art: 26 October 2023
Toronto, CANADA
Estimated: CAD 35,000 – 45,000
CAD 49,250
GBP 29,315 / USD 35,610

 

 

Flying Copper (unsigned), 2003
Edition: 353/600
LA Modern: 12 October 2023
Los Angeles, USA
Estimated: USD 20,000 – 30,000
USD 20,160
GBP 16,575 / USD 20,160

Flying Copper (unsigned), 2003
Edition: 511/600
Sotheby’s London: 26 September 2023
London, UK
Estimated: GBP 15,000 – 20,000
GBP 27,940
GBP 27,940 / USD 33,985

Flying Copper (unsigned), 2003
Edition: 55/600
Phillips London: 22 September 2023
London, UK
Estimated: GBP 18,000 – 26,000
GBP 21,590
GBP 21,590 / USD 26,550

Flying Copper (unsigned), 2003
Edition: XXX/600
SBI Art Auction: 27 May 2023
Tokyo, JAPAN
Estimated: JPY 3,500,000 – 5,500,000
JPY 3,680,000
GBP 21,025 / USD 26,170

Flying Copper (unsigned), 2003
Edition: XXX/600
SBI Art Auction: 15 April 2023
Tokyo, JAPAN
Estimated: JPY 3,500,000 – 5,500,000
JPY 4,140,000
GBP 24,910 / USD 30,945


XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: Aside
Wright: 8 August 2023
Estimated: USD 15,000 – 25,000
PASSED

2022 Auction Results


# Lots sold: 11 Lots
# Lots passed: 1 Lot
Average Price: GBP 38,770 (USD 49,390)

XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: 520/600
Bonhams London: 20 October 2022
London, UK
Estimated: GBP 20,000 – 30,000
GBP 22,950
GBP 22,950 / USD 25,900

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 1 September 2022
London, UK
Estimated: GBP 22,000 – 32,000
GBP 30,000 (Hammer)
GBP 40,440 / USD 46,645

Flying Copper (unsigned), 2003
Edition: 512/600
Sotheby’s online: 17 August 2022
London, UK
Estimated: GBP 20,000 – 30,000
GBP 44,100
GBP 44,100 / USD 52,920

 

Flying Copper (unsigned), 2003
Edition: 234/600
Lyon & Turnbull: 10 August 2022
London, UK
Estimated: GBP 20,000 – 30,000
GBP 25,200
GBP 25,200 / USD 30,850

Flying Copper (unsigned), 2003
Edition: 447/600
Bonhams London: 27 April 2022
London, UK
Estimated: GBP 20,000 – 30,000
GBP 28,020
GBP 28,020 / USD 35,305

 

Flying Copper (unsigned), 2003
Edition: 106/600
Sotheby’s online: 26 April 2022
London, UK
Estimated: GBP 24,000 – 35,000
GBP 32,760
GBP 32,760 / USD 41,280

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 25 April 2022
London, UK
Estimated: GBP 30,000 – 40,000
GBP 29,000 (Hammer)
GBP 39,100 / USD 48,630

Flying Copper (unsigned), 2003
Edition: 467/600
Christie’s online: 15 March 2022
London, UK
Estimated: GBP 25,000 – 35,000
GBP 37,800
GBP 37,800 / USD 49,895

Flying Copper (unsigned), 2003
Edition: 215/600
Phillips London: 4 March 2022
London, UK
Estimated: GBP 20,000 – 30,000
GBP 37,800
GBP 37,800 / USD 51,410

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 3 March 2022
London, UK
Estimated: GBP 25,000 – 35,000
GBP 31,000 (Hammer)
GBP 41,780 / USD 55,660

 

Flying Copper (unsigned), 2003
Edition: XXX/600
SBI Art Auction: 27 January 2022
Tokyo, JAPAN
Estimated: JPY 3,500,000 – 5,500,000
JPY 12,075,000
GBP 76,505 / USD 104,810

 

XXXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: 166/600
Christie’s online: 21 September 2022
Estimated: GBP 30,000 – 50,000
PASSED

2021 Auction Results


# Lots sold: 7 Lots
# Lots passed: 1 Lot
Average Price: GBP 47,030 (USD 65,130)

XXXXXXXXXX

 

Flying Copper (unsigned), 2003
Edition: 307/600
Christie’s online: 23 September 2021
London, UK
Estimated: GBP 30,000 – 50,000
GBP 30,000
GBP 30,000 / USD 41,700

 

Flying Copper (unsigned), 2003
Edition: 353/600
Bonhams London: 22 September 2021
London, UK
Estimated: GBP 20,000 – 30,000
GBP 31,500
GBP 31,500 / USD 43,785

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 13 July 2021
London, UK
Estimated: GBP 30,000 – 40,000
GBP 24,000 (Hammer)
GBP 32,400 / USD 43,160

 

Flying Copper (unsigned), 2003
Edition: 582/600
Mainichi Auctions: 22 May 2021
Tokyo, JAPAN
Estimated: JPY 5,000,000 – 8,000,000
JPY 8,800,000
GBP 57,070 / USD 80,780

 

Flying Copper (unsigned), 2003
Edition: 398/600
Sotheby’s online: 18 March 2021
London, UK
Estimated: GBP 20,000 – 30,000
GBP 63,000
GBP 63,000 / USD 87,570

 

Flying Copper (unsigned), 2003
Edition: 197/600
Forum Auctions: 5 March 2021
London, UK
Estimated: GBP 30,000 – 50,000
GBP 38,000 (Hammer)
GBP 50,920 / USD 70,780

 

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 27 January 2021
London, UK
Estimated: GBP 50,000 – 70,000
GBP 48,000 (Hammer)
GBP 64,320 / USD 88,120

XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward Auctions: 24 March 2021
Estimated: GBP 60,000 – 80,000
PASSED
 

2020 Auction Results


# Lots sold: 8 Lots
Average Price: GBP 57,640 (USD 76,095)

XXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: XXX/600

Tate Ward Auctions: 9 December 2020
London, UK
Estimated: GBP 50,000 – 70,000

GBP 68,750
GBP 68,750 / USD 92,125

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 7 December 2020
London, UK
Estimated: GBP 15,000 – 25,000
GBP 65,000 (Hammer)
GBP 87,100 / USD 116,715
AUCTION RECORD FOR FLYING COPPER (UNSIGNED)

Flying Copper (unsigned), 2003
Edition: 397/600
Phillips Hong-Kong: 4 December 2020
Hong-Kong
Estimated: HKD 100,000 – 150,000
HKD 819,000
 GBP 79,105 / USD 106,000

Flying Copper (unsigned), 2003
Edition: 470/600
International Art Center: 17 November 2020
Aukland, NEW-ZEALAND
Estimated: NZD 50,000 – 75,000
NZD 75,000 (Hammer)
NZD 90,950

GBP 46,890 / USD 62,100

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 27 October 2020
London, UK
Estimated: GBP 15,000 – 20,000
GBP 49,000 (Hammer)
GBP 65,660 / USD 86,670

 

Flying Copper (unsigned), 2003
Edition: 337/600
Sotheby’s online: 18 September 2020
London, UK
Estimated: GBP 10,000 – 15,000
GBP 75,600
GBP 75,600 / USD 98,280

 

Flying Copper (unsigned), 2003
Edition: 493/600
Bonhams London: 19 June 2020
London, UK
Estimated: GBP 8,000 – 12,000
GBP 18,812
GBP 18,812 / USD 23,260

 

Flying Copper (unsigned), 2003
Edition: XXX/600
Tate Ward Auctions: 12 May 2020
London, UK
Estimated: GBP 16,000 – 20,000
GBP 19,200
GBP 19,200 / USD 23,610

 

2019 Auction Results


# Lots sold: 6 Lots
# Lots passed: 1 Lot
Average Price: GBP 13,415 (USD 17,275)

XXXXXXXXXX

 

Flying Copper (unsigned), 2003
Edition: 126/600
Bruun Rasmussen: 5 December 2019
Copenhagen, DENMARK
Estimated: DKK 40,000 – 50,000
DKK 70,000 (Hammer)
DKK 91,000

GBP 10,280 / USD 13,525

Flying Copper (unsigned), 2003
Edition: 397/600
Sotheby’s Hong-Kong online: 14 October 2019
Hong-Kong
Estimated: HKD 60,000 – 80,000
HKD 100,000
 GBP 10,220 / USD 12,750

 

Flying Copper (unsigned), 2003
Edition: 225/600
Christie’s online: 24 September 2019
London, UK
Estimated: GBP 10,000 – 15,000
GBP 15,000
GBP 15,000 / USD 18,710

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 26 June 2019
London, UK
Estimated: GBP 10,000 – 15,000
GBP 11,000 (Hammer)
GBP 14,740 / USD 18,695

Flying Copper (unsigned), 2003
Edition: XXX/600
Digard Auctions: 8 April 2019
Paris, FRANCE
Estimated: EUR 8,000 – 10,000
EUR 18,200
GBP 15,520 / USD 20,495

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 27 March 2019
London, UK
Estimated: GBP 10,000 – 15,000
GBP 11,000 (Hammer)
GBP 14,740 / USD 19,465


XXXXXXXXXXX

Flying Copper (unsigned), 2003
Edition: XXX/600
Forum Auctions: 23 May 2019
Estimated: GBP 10,000 – 15,000
PASSED

2018 Auction Results


Flying Copper (unsigned), 2003
Edition: 54/600
Artnet Auctions: 27 November 2018
New-York, USA
Estimated: USD 8,000 – 10,000
USD 16,800
GBP 13,190 / USD 16,800

 

Prior Years Auction Results


 


Flying Copper (signed)


 

2025 Auction Results


Flying Copper (signed), 2003
Edition: 121/150
Christie’s London: 30 September 2025
London, UK
Estimated: GBP 24,000 – 35,000
GBP 30,480
GBP 30,480 / USD 40,965

Flying Copper (signed), 2003
Edition: 28/150
Phillips London: 5 June 2025
London, UK

Estimated: GBP 20,000 – 30,000
GBP 27,940
GBP 27,940 / USD 37,720

 

2024 Auction Results


Flying Copper (signed) has not sold at auction in 2024.

2023 Auction Results


Flying Copper (signed), 2003
Edition: 56/150
Sotheby’s online: 26 September 2023
London, UK
Estimated: GBP 30,000 – 50,000
GBP 38,100
GBP 38,100 / USD 46,345

Flying Copper (signed), 2003
Edition: XXX/150
Forum Auctions: 30 August 2023
London, UK
Estimated: GBP 25,000 – 35,000
GBP 26,000 (Hammer)
GBP 34,840 / USD 44,325

Flying Copper (signed), 2003
Edition: 53/150
Sotheby’s online: 20 April 2023
London, UK
Estimated: GBP 40,000 – 60,000
GBP 60,960
GBP 60,960 / USD 75,885

2022 Auction Results




Flying Copper (signed), 2003
Edition: XXX/150
SBI Art Auction: 28 May 2022
Tokyo, JAPAN
Estimated: JPY 9,000,000 – 14,000,000
JPY 13,225,000
GBP 83,900 / USD 104,105


XXXXXXXXXXX

Flying Copper (signed), 2003
Edition: XXX/150
Forum Auctions: 28 April 2022
Estimated: GBP 55,000 – 80,000
PASSED

 

2021 Auction Results


Flying Copper (signed), 2003
Edition: 83/150
Forum Auctions: 5 March 2021
London, UK
Estimated: GBP 70,000 – 90,000
GBP 85,000 (Hammer)
GBP 113,900 / USD 158,320
AUCTION RECORD FOR FLYING COPPER (SIGNED)

XXXXXXXXXXX

Flying Copper (signed), 2003
Edition: 69/150
Bonhams online: 29 June 2021
Estimated: GBP 70,000 – 90,000
PASSED

2020 Auction Results


Flying Copper (signed), 2003
Edition: XXX/150
Forum Auctions: 19 May 2020
London, UK
Estimated: GBP 35,000 – 45,000
GBP 35,000 (Hammer)
GBP 46,900 / USD 57,460

Flying Copper (signed), 2003
Edition: XXX/150
Forum Auctions: 24 March 2020
London, UK
Estimated: GBP 40,000 – 60,000
GBP 39,000 (Hammer)
GBP 52,260 / USD 61,585


XXXXXXXXXXX

Flying Copper (signed), 2003
Edition: XXX/150
Sotheby’s online: 26 March 2020
Estimated: GBP 35,000 – 55,000
PASSED

2019 Auction Results


Flying Copper (signed) did not sell at auction in 2019.

2018 Auction Results


Flying Copper (signed), 2003
Edition: 112/150
Christie’s online: 26 September 2018
London, UK
Estimated: GBP 15,000 – 25,000
GBP 40,000
GBP 40,000 / USD 52,345

Prior Years Auction Results


 

 

wpChatIcon
wpChatIcon