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Rat With Umbrella - Mixed Media by Banksy 2004 - MyArtBroker

Rat With Umbrella
Mixed Media

Banksy

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31 x 31cm, Edition of 25, Mixed Media

Medium: Mixed Media
Edition size: 25
Year: 2004
Size: H 31cm x W 31cm
Signed: No
Format: Mixed Media
Last Auction: July 2015

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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
July 2015
Bonhams New Bond Street
United Kingdom
$70,000
$90,000
$100,000
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The value of Banksy's Rat With Umbrella (unsigned), created in 2004, is estimated to be worth between £380,000 and £580,000. This is a rare artwork with an auction history of one sale in July 2015. There is currently no sales data in the last 12 months or the last five years. The edition size of this work is limited to 25.

Created with Highcharts 11.4.8Jul 2015$95,042© MyArtBroker

Meaning & Analysis

Banksy draws the rat holding an umbrella and briefcase and the animal appears to be looking up at the sky or waiting for something. In this artwork the rat takes on the qualities of a person, perhaps a worker and the animal resembles a businessman going to work. The use of the stencil method in this artwork captures the essence of Banksy’s artistic style. Banksy favours stencils over freehand drawings as the stencil method enables him to produce artworks quickly so as to avoid being spotted by members of the public or caught by the police.

Rats frequently appear in Banksy’s artworks and have become one of the artist’s signature motifs. Rats are often used by Banksy to represent the masses or the working class. Rat imagery is used by Banksy as a metaphor for the potential uprising of the masses which reflects Banksy’s anti-establishment values.

Discussing his use of rats, Banksy explains “Like most people I have a fantasy that all the little powerless losers will gang up together. That all vermin will get some good equipment and then the underground will go overground and tear this city apart”.

  • Renowned British street artist, Banksy, is the enigmatic figure behind some of the most subversive works in the Urban Art scene. Despite his anonymity, the artists' disruptive stunts have not only gained him notoriety, but they have vocalised his stance on many social and political issues. As seen with the likes of Girl With Balloon and Napalm, Banksy uses his distinctive stencil technique to produce thought-provoking commentaries on challenging themes. The showcase of rebellion that lines his work has caused his secondary market value to soar in recent years, propelling him to the top of the Urban Art scene.