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Bad Meaning Good - Signed Mixed Media by Banksy 2002 - MyArtBroker

Bad Meaning Good
Signed Mixed Media

Banksy

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40 x 40cm, Edition of 4, Mixed Media

Medium: Mixed Media

Edition size: 4

Year: 2002

Size: H 40cm x W 40cm

Signed: Yes

Format: Signed Mixed Media

Last Auction: March 2021

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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
March 2021
Sotheby's Online
United Kingdom
$260,000
$310,000
$380,000
March 2017
Sotheby's Online
United Kingdom
October 2008
Sotheby's Online
United Kingdom
April 2008
Sotheby's New York
United States
December 2007
Christie's London
United Kingdom
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Banksy's Bad Meaning Good (signed) from 2002, a mixed media artwork, is estimated to be worth between £80,000 and £120,000. This is a rare artwork with an auction history of five total sales since its entry to the market on 13th December 2007. The current average annual growth rate is 15%. The hammer price for this piece in the last five years has varied from £53,276 in October 2019 to £188,496 in October 2022. The edition size of this artwork is limited to 4.

Created with Highcharts 11.4.8Dec 2007Feb 2010May 2012Jul 2014Oct 2016Dec 2018Mar 2021$225,000$250,000$275,000$300,000$325,000$350,000$375,000© MyArtBroker

Meaning & Analysis

Bad Meaning Good is one of Banksy’s earliest images, produced in 2002 and released as a signed original canvas in an edition size of 4. The canvas was created as a part of a series which Banksy worked on between 2002 and 2003 in which he depicted four different album covers for the Bad Meaning Good music compilations. The compilations were of tracks chosen by different artists and recorded on CD or vinyl.

For the cover of Bad Meaning Good Volume 1, Banksy painted a large red ‘X’ and used a stencil to add a monochromatic machine gun over it. The cover of Bad Meaning Good Volume 2, also made in 2002, shows a grey ‘X’ and a black and white stencilled military vehicle.

The machine gun  can be interpreted as a symbol of control or authority and Banksy uses the image to subtly poke fun at the state and convey his anti-establishment values. The machine gun depicted in Bad Meaning Good Volume 1 is painted with a huge pair of shoes, reminiscent of clown shoes as if this weapon is a joke or a fake.

  • 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.