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Precision Bombing (grey) - Mixed Media by Banksy 2000 - MyArtBroker

Precision Bombing (grey)
Mixed Media

Banksy

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43 x 47cm, Edition of 10, Mixed Media

Medium: Mixed Media
Edition size: 10
Year: 2000
Size: H 43cm x W 47cm
Signed: No
Format: Mixed Media
Last Auction: October 2021

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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
October 2021
Christie's London
United Kingdom
£153,000
£180,000
£225,000
October 2012
Sotheby's Online
United Kingdom
February 2011
Sotheby's Online
United Kingdom
October 2007
Bonhams Knightsbridge
United Kingdom
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Track auction value trend

Banksy's Precision Bombing (grey) from 2000, a mixed media artwork, is estimated to be worth between £70,000 and £110,000 (unsigned). This is a rare artwork, having been sold 4 times at auction since its initial sale on 24th October 2007. The hammer price has shown consistent growth over the past five years, with an average annual growth rate of 15%. The edition size of this artwork is limited to 10.

Created with Highcharts 11.4.8Oct 2007Feb 2010Jun 2012Oct 2014Feb 2017Jun 2019Oct 2021£120,000£140,000£160,000£180,000£200,000£220,000£240,000© MyArtBroker

Meaning & Analysis

The target shape in this artwork reflects a recurring theme that is found in Banksy’s artworks- paranoia. Many of Banksy’s works imply that nobody can be trusted and people are always being watched or surveilled by a powerful elite. The target also resonates with themes of war and violence which feature prominently in Banksy’s artworks.

Precision Bombing was first exhibited at Severnshed which was the artist’s first exhibition in Bristol, his hometown. Produced in 2000, the artwork captures Banksy’s departure from freehand painting in favour of using stencils, a method which enabled him to produce artworks in a fraction of the time so as to avoid being caught by the police.

  • 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.

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