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Festival (Destroy Capitalism) - Signed Print by Banksy 2006 - MyArtBroker

Festival (Destroy Capitalism)
Signed Print

Banksy

£30,000-£50,000Value Indicator

$60,000-$100,000 Value Indicator

$60,000-$90,000 Value Indicator

¥290,000-¥490,000 Value Indicator

€35,000-€60,000 Value Indicator

$320,000-$530,000 Value Indicator

¥5,960,000-¥9,940,000 Value Indicator

$40,000-$70,000 Value Indicator

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56 x 76cm, Edition of 150, Screenprint

Medium: Screenprint

Edition size: 150

Year: 2006

Size: H 56cm x W 76cm

Signed: Yes

Format: Signed Print

Last Auction: June 2020

Value Trend:

-6% AAGR

AAGR (5 years) This estimate blends recent public auction records with our own private sale data and network demand.

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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
June 2020
Tate Ward Auctions
United Kingdom
£32,300
£38,000
£47,500
March 2020
Tate Ward Auctions
United Kingdom
January 2020
Phillips London
United Kingdom
December 2016
Morgan O'Driscoll
Ireland
January 2015
Bonhams New Bond Street
United Kingdom
April 2010
Lyon & Turnbull Edinburgh
United Kingdom
February 2009
Bonhams New Bond Street
United Kingdom
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Track auction value trend

The value of Banksy's Festival (Destroy Capitalism) (signed) is estimated to be worth between £30,000 and £50,000. This screenprint, created in 2006, has shown consistent value growth, with an auction history of six total sales since its initial sale on 24th February 2009. The edition size of this artwork is limited to 150.

Created with Highcharts 11.4.8Feb 2009Jan 2011Nov 2012Oct 2014Sep 2016Jul 2018Jun 2020£25,000£30,000£35,000£40,000£45,000£50,000© MyArtBroker

Meaning & Analysis

Banksy’s Festival, also known as Destroy Capitalism, is a three-colour screen print from 2006 released as a part of his Barely Legal exhibition as a signed edition of 150.

Festival (Destroy Capitalism) depicts a group of people rendered in Banksy’s iconic black and white stencil-style at a music festival queuing up to buy t-shirts and merchandise. The words “Destroy Capitalism” can be read on a bright red T-shirt that is the only colourful, central element on the image. The artwork was made for Banksy’s iconic American exhibition, Barely Legal which took place in a warehouse in LA in 2006. Festival screen prints were part of Banksy’s Barely Legal Print Set, a set of six prints which includes the works Applause, Grannies, Morons, Trolleys and Sale Ends. The characters in the queue are dressed according to different stereotypes (goths, hippies etc. ), which suggests that it’s a satirical ironic comment on how independent and anti-globalisation events such as underground music festivals for example, have now become hypocritical versions of themselves and are fully integrated into the capitalist system, contradicting the usual motto of this audience.

  • 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.