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Golf Sale, 2003

BY

Golf Sale, 2003
Edition: 750 (150 signed)

‘In 1998, a young Chinese student’s sacrifice taught a valuable lesson to the world. A lesson Banksy has tried to cheapen with glib humor and crass opportunism but that still remains very potent. God Bless That Man.’

Golf Sale is a reinterpretation of Jeff Widener’s iconic photograph taken in the aftermath of the Chinese military’s violent suppression of the 1989 Democracy Movement. A man stands defiantly in front of a line of tanks attempting to block their path. It is widely considered to be one of the most notable acts of non-violent intervention in history. Banksy recreates the scene in black and white, this time, the man is holding a sign reading “GOLF SALE” in the style of the placards often seen around London’s Oxford Street.

‘We can’t do anything to change the world until capitalism crumbles.
In the meantime, we should all go shopping to console ourselves.’

Banksy, Banging Your Head Against A Brick Wall, November 2001
 

Banksy pays tribute to the ones who dare to stand up to authority and aims pointed criticism to the capitalism and the consumerism which he identifies as the main culprit for violence and warfare.

 

The Tiananmen Square protests were student-led demonstration held in Tiananmen Square in Beijing during 1989. Military troops armed with assault rifles and accompanied by tanks fired at the demonstrators and those trying to block the military’s advance into Tiananmen Square in what is known as the Tiananmen Square Massacre.

 

 

The protests started on April 15 and were forcibly suppressed on June 4 when the government declared martial law and sent the People’s Liberation Army to occupy parts of central Beijing. Estimates of the death toll vary from several hundred to several thousand, with thousands more wounded.

 

Tank Man: Behind Jeff Widener’s Photo of Tianamen Square

 

Jeff Widener, a photographer with the Associated Press, was focusing his camera on a line of tanks in Beijing’s Tiananmen Square when out of the blue came this man in a white shirt and dark trousers, carrying what appeared to be shopping bags. At first, Widener was annoyed by the man entering his shot, he thought the man was going to mess up the composition of his frame. Little did he know that he was about to make one of the most iconic photos in history.


DESCRIPTION


Golf Sale

Year: 2003
Medium: Screen-print in black on wove paper
Size: 35×50 cm (13 5/8 x 19 1/2 inches)
Publisher: Pictures on Walls

Editions

Total Edition: 750 (of which 150 signed)

AUCTION RESULTS


1. Golf Sale (unsigned)


Golf Sale (unsigned) sold 6 times at auction in 2024 at an average price of GBP 8,912 (USD 11,362).

Golf Sale (unsigned) sold 3 times at auction in 2023 at an average price of GBP 14,750 (USD 18,199). It sold for its highest price in 2023 of GBP 16,510 (USD 20,552) at Sotheby’s online on 20 March 2023

Golf Sale (unsigned) sold 8 times at auction in 2022 for a total turnover of GBP 187,389 (USD 229,240) at an average price of GBP 23,424 (USD 28,655). It sold at Sotheby’s online on 17 August 2022 for GBP 30,240 (USD 36,288), its highest price in 2022.

Golf Sale (unsigned) sold 10 times at auction in 2021 for a total turnover of GBP 299,349 (USD 415,610) at an average price of GBP 29,936 (USD 41,561). It sold at Sotheby’s online on 18 March 2021 for GBP 37,800 (USD 52,542), its highest price in 2021.

The highest price ever paid at auction for Golf Sale (unsigned) is GBP 40,000 (USD 52,800), achieved at Christie’s online on 23 September 2020.

2025 Auction Results


Christie’s online: 1 April 2025
Estimated: GBP 7,000 – 10,000
GBP 10,080 / USD 13,023

BANKSY
Golf Sale (unsigned), 2004
Screenprint in black on wove paper
Stamped with the BANKSY tag in red ink
Numbered 510/750 in pencil (only the first 150 were signed)

LA Modern: 18 March 2025
Estimated: USD 10,000 – 15,000
USD 10,795

BANKSY (b.1975)
Golf Sale (unsigned), 2003
Screenprint on wove paper
Stamped signature to lower right ‘Banksy’
Numbered to lower right ‘730/750 DN’

2024 Auction Results


Golf Sale (unsigned) sold 6 times at auction in 2024 at an average price of GBP 8,912 (USD 11,362).

2024 Auction Results

LA Modern: 10 October 2024
Estimated: USD 10,000 – 15,000
USD 8,820

BANKSY (b.1975)
Golf Sale (unsigned), 2003
Screenprint
Numbered to lower right ‘728/750’ with artist’s stamp

Tate Ward: 18 September 2024
Estimated: GBP 7,000 – 9,000
GBP 10,000 / USD 12,990

BANKSY (British 1974-)
Golf Sale (unsigned), 2003
Screen print on paper
Numbered 163/750 in pencil

Roseberys London: 4 September 2024
Estimated: GBP 7,000 – 10,000
GBP 8,528 / USD 10,916

BANKSY (British, b. 1974)
Golf Sale (unsigned), 2003
Screenprint on wove
Numbered 424/750 in pencil and stamped ‘BANKSY’ in red

Forum Auctions: 30 April 2024
Estimated: GBP 7,000 – 9,000
GBP 6,500 (HAMMER)
GBP 8,710 / USD 10,888

BANKSY (b.1974)
Golf Sale (unsigned), 2004
Screenprint in black on wove paper
Stamped with the red Banksy tag
Numbered from the edition of 750 in pencil

Christie’s online: 26 March 2024
Estimated: GBP 7,000 – 10,000
GBP 8,190 / USD 10,387

BANKSY
Golf Sale (unsigned), 2004
Screenprint in black on wove paper
Stamped with the BANKSY tag in red ink
Numbered 354/750 in pencil (only the first 150 were signed)

Roseberys London: 5 March 2024
Estimated: GBP 10,000 – 15,000
GBP 11,152 / USD 14,174

BANKSY (British b. 1974)
Golf Sale (unsigned), 2003
Screenprint on wove
Numbered 424/750 in pencil and stamped ‘BANKSY’ in red

2023 Auction Results


Golf Sale (unsigned) sold 3 times at auction in 2023 at an average price of GBP 14,750 (USD 18,199). It sold for its highest price in 2023 of GBP 16,510 (USD 20,552) at Sotheby’s online on 20 March 2023

2023 Auction Results

 

Sotheby’s London: 26 September 2023
Estimated: GBP 10,000 – 15,000
GBP 15,240 / USD 18,537

BANKSY (b. 1974)
Golf Sale (unsigned), 2004
Screenprint on wove paper
Numbered in pencil 525/750 and stamped with the BANKSY tag in red ink

Tate Ward Auctions: 14 September 2023
Estimated: GBP 10,000 – 15,000
GBP 12,500 / USD 15,508

BANKSY (British 1974-)
Golf Sale (unsigned), 2003
One color screenprint on wove paper
Numbered 178/750 in pencil

Sotheby’s online: 20 April 2023
Estimated: GBP 10,000 – 15,000
GBP 16,510 / USD 20,552

BANKSY
Golf Sale (unsigned)
, 2003
Screenprint on wove paper
Numbered 525/750 in pencil, lower right
Stamped with the BANKSY tag in red ink lower right

2022 Auction Results


Golf Sale (unsigned) sold 8 times at auction in 2022 for a total turnover of GBP 187,389 (USD 229,240) at an average price of GBP 23,424 (USD 28,655). It sold at Sotheby’s online on 17 August 2022 for GBP 30,240 (USD 36,288), its highest price in 2022.

2022 Auction Results

 

Bonhams London: 7 December 2022
Estimated: GBP 15,000 – 20,000

GBP 17,850 / USD 21,765

BANKSY
Golf Sale (unsigned)
, 2003
Screenprint on wove paper
Numbered 205/750 in pencil, lower right

Sotheby’s online: 17 August 2022
Estimated: GBP 10,000 – 15,000
GBP 30,240 / USD 36,288

BANKSY
Golf Sale (unsigned), 2003
Screenprint on wove paper
Numbered 476/750 in pencil, stamped with the BANKSY tag in red ink, lower right

Sotheby’s online: 26 April 2022
Estimated: GBP 15,000 – 20,000
GBP 25,200 / USD 31,752

BANKSY
Golf Sale (unsigned), 2003
Screenprint on wove paper
Numbered 556/750 in pencil, lower right
Stamped with the Banksy tag in red ink, lower right

2021 Auction Results


Golf Sale (unsigned) sold 10 times at auction in 2021 for a total turnover of GBP 299,349 (USD 415,610) at an average price of GBP 29,936 (USD 41,561). It sold at Sotheby’s online on 18 March 2021 for GBP 37,800 (USD 52,542), its highest price in 2021.

Sotheby’s online: 17 September 2021
Estimated: GBP 8,000 – 12,000

GBP 35,280 / USD 49,039

BANKSY
Golf Sale (unsigned)
, 2003
Screenprint on wove paper
Numbered 449/750 in pencil, lower right
Stamped with the Banksy tag in red ink, lower right
Sotheby’s online: 18 March 2021
Estimated: GBP 10,000 – 15,000

GBP 37,800 / USD 52,542

BANKSY
Golf Sale (unsigned)
, 2003
Screenprint on wove paper
Numbered 259/750 in pencil, lower right

 

2. Golf Sale (signed)


Golf Sale (signed) sold once at auction in 2024.

Golf Sale (signed) sold once at auction in 2023. It did not sell at auction in 2022.

Golf Sale (signed) sold 5 times at auction in 2021 at an average price of GBP 61,050 (USD 84,105). It sold at Forum Auctions on 23 April 2021 for GBP 83,080 (USD 115,480), its all-time auction record.

Bonhams London: 16 April 2025
Estimated: GBP 20,000 – 30,000
GBP 28,160 / USD 37,170
BANKSY (born 1974)
Golf Sale (signed), 2003
Screenprint
Signed in black ink and numbered 90/750 in pencil
With the artist’s red inkstamp


Forum Auctions: 29 October 2024

Estimated: GBP 25,000 – 35,000
Hammer: GBP 28,000
GBP 37,520 / USD 48,701

BANKSY (b.1974)
Golf Sale (signed), 2003
Screenprint in black on wove paper
Signed in black ink, stamped with the red Banksy tag
Numbered from the total edition of 750 in pencil, there were only 150 signed impressions

Tate Ward Auctions: 29 March 2023
Estimated: GBP 25,000 – 30,000
GBP 30,000 / USD 36,932

BANKSY
Golf Sale (signed)
, 2003
Screenprint on wove paper
Signed in black ink, lower right
Numbered 68/750 in pencil, lower right

2021 Auction Results


Golf Sale (signed) sold 5 times at auction in 2021 at an average price of GBP 61,050 (USD 84,105). It sold at Forum Auctions on 23 April 2021 for GBP 83,080 (USD 115,480), its all-time auction record.
Tate Ward Auctions: 7 December 2021

GBP 37,500 / USD 50,250

BANKSY
Golf Sale (signed)
, 2003
Screenprint on wove paper
Signed and dated in black pen, lower right
Numbered 93/750 in pencil, lower left

Bonhams online: 29 June 2021
Estimated: GBP 40,000 – 60,000

GBP 50,250 / USD 69,503

BANKSY
Golf Sale (signed)
,
2003
Screenprint on wove paper
Signed and dated in black pen, lower right
Numbered 51/750 in pencil, lower right
Forum Auctions: 23 April 2021
Estimated: GBP 50,000 – 70,000
GBP 62,000 (Hammer)
GBP 83,080 / USD 115,480
AUCTION RECORD FOR GOLF SALE (SIGNED)


BANKSY (b.1974)
Golf Sale (signed), 2003
Screenprint in black on wove paper
Signed in black ink
Stamped with the red Banksy tag
Numbered from the total edition of 750 in pencil
There were only 150 signed impressions

Sotheby’s online: 18 March 2021
Estimated: GBP 15,000 – 20,000
GBP 56,700 / USD 78,813
BANKSY
Golf Sale (signed)
, 2003
Screenprint on wove paper
Signed and dated in black pen, lower right
Numbered 48/750 in pencil, lower right
Stamped with the BANKSY tag in red ink, lower right
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