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Tesco Value Soup Can, 2004

BY

BANKSY
Tesco Value Soup Can,
2004
Oil on canvas
121.9 x 91.5 cm (48×36 inches)
Stenciled with the artist’s name on the overturn edge
Signed, dated “07/11/04” on the stretcher

Provenance
Private Collection, United Kingdom (acquired from the artist)
Bonhams, London, Urban Art, 23 October 2008, Lot 49
Acquired from the above by the present owner

Exhibited
Crude Oils, London, October 2005

Auction History

Sotheby’s London
5 October 2017
Est.: GBP 200,000 – 300,000
Price Realized
GBP 392,750 / USD 515,620
(#47) Banksy

Catalogue Note

Few works illustrate Banksy’s dialogue with twentieth-century art history more eloquently than Tesco Value Soup Can. At first glance, the reference to Andy Warhol’s celebrated Campbell’s Soup Cans is unmistakable. Yet this is far more than a simple homage. Forty years after Warhol transformed an everyday supermarket product into a symbol of consumer abundance and American prosperity, Banksy revisits the same subject from the perspective of a very different society. Campbell’s becomes Tesco Value; aspiration becomes economy; post-war optimism gives way to the language of discount retailing, cost-cutting and austerity.

The substitution is subtle but devastating. Warhol elevated an object of mass consumption into high art, celebrating the seductive power of branding and mechanical reproduction. Banksy, by contrast, deliberately chooses Britain’s cheapest supermarket label, stripped of glamour and graphic sophistication. The anonymous blue-and-white packaging embodies a culture no longer defined by abundance but by value, necessity and economic restraint. In doing so, Banksy transforms one of Pop Art’s greatest icons into a portrait of early twenty-first-century Britain, where consumerism survives, but optimism has been replaced by thrift.

The painting is equally significant for its execution. Unlike the vast majority of Banksy’s canvases, which rely on his signature stencil technique, Tesco Value Soup Can is entirely hand-painted. This deliberate decision mirrors Warhol’s own artistic evolution: his first Campbell’s Soup Cans of 1962 were painstakingly painted by hand before he embraced silkscreen printing and the industrial methods that would define Pop Art. Banksy therefore recreates not only Warhol’s image, but also his process, paying tribute while simultaneously appropriating it.

Banksy, Cut It Out, December 2004

The work occupied a central position in Crude Oils, Banksy’s landmark 2005 exhibition that reimagined the Western artistic canon through the language of street art. Later that same year, the artist produced a smaller version which he secretly installed inside the Museum of Modern Art in New York, home to Warhol’s original Campbell’s Soup Cans. Remaining undiscovered for six days, the intervention perfectly encapsulated Banksy’s enduring fascination with institutional critique. Rather than waiting for museums to validate his work, he simply inserted himself into the canon.

More than a witty parody, Tesco Value Soup Can marks the meeting point between two of the most influential artists of their respective generations. If Warhol revealed that consumer goods had become modern icons, Banksy asks what those icons look like in an era of economic insecurity. In replacing Campbell’s with Tesco Value, he updates Pop Art for the twenty-first century, proving that even the humblest supermarket label can become a powerful mirror of its time.

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