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Flag (gold) - Signed Print by Banksy 2006 - MyArtBroker

Flag (gold)
Signed Print

Banksy

£21,000-£30,000Value Indicator

$45,000-$60,000 Value Indicator

$40,000-$60,000 Value Indicator

¥210,000-¥290,000 Value Indicator

€24,000-€35,000 Value Indicator

$230,000-$320,000 Value Indicator

¥4,130,000-¥5,900,000 Value Indicator

$29,000-$40,000 Value Indicator

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56 x 76cm, Edition of 112, Screenprint

Medium: Screenprint

Edition size: 112

Year: 2006

Size: H 56cm x W 76cm

Signed: Yes

Format: Signed Print

Last Auction: September 2023

Value Trend:

-3% 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
September 2023
Christie's London
United Kingdom
£18,700
£22,000
£27,720
October 2022
Sotheby's New York
United States
April 2022
Sotheby's Online
United Kingdom
September 2021
Forum Auctions London
United Kingdom
April 2021
Sotheby's Hong Kong
Hong Kong
April 2021
Christie's London
United Kingdom
March 2021
Sotheby's Online
United Kingdom
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Track auction value trend

The value of Banksy's Flag (gold) (signed) is estimated to be worth between £21,000 and £30,000. This screenprint has shown consistent value growth since its first sale in May 2008. Over the past five years, the hammer price has ranged from £22,000 in September 2023 to £58,000 in October 2020. The current average annual growth rate is 2%. This work has an impressive auction history, having been sold 23 times. The edition size of this artwork is limited to 112.

Created with Highcharts 11.4.8Mar 2021Aug 2021Jan 2022Jun 2022Nov 2022Apr 2023Sep 2023£12,500£15,000£17,500£20,000£22,500£25,000£27,500£30,000© MyArtBroker

Meaning & Analysis

This original limited edition screen print comes in two different colours: silver and gold – the silver being the most sought-after as 1000 prints were released as part of the famous artist’s Santa’s Ghetto exhibition on Oxford Street in London in 2006. The gold edition of Flag was available to buyers in person at the 2007 Santa’s Ghetto in Bethlehem – 112 of these were all signed.

Banksy’s website states: “an extremely limited number of silver Flags were available on formica from Lazarides. Printed on hardboard, these were signed (with Banksy’s signature scratched into the surface) from an edition of 20.”The eerie, heavily contrasted image shows a group of children and adults climbing on top of a car, where two female figures are standing holding the American flag against a large, silver moon as background. One interpretation for this powerfully haunting work could be the “American Dream” and its roots in violence and unrest. The print references an iconic photograph Raising the Flag on Iwo Jima by photographer Joe Rosenthal, taken on February 23, 1945. The photo depicts six US Marines lifting the Stars and Stripes atop Mount Suribachi during the battle of Iwo Jima, in World War II. Instead of Marines, Banksy inserted figures of the disenfranchised youth into the image.

  • 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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