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Flag (silver) - Unsigned Print by Banksy 2008 - MyArtBroker

Flag (silver)
Unsigned Print

Banksy

£8,000-£12,000Value Indicator

$16,000-$25,000 Value Indicator

$14,500-$22,000 Value Indicator

¥80,000-¥120,000 Value Indicator

€9,000-€14,000 Value Indicator

$80,000-$130,000 Value Indicator

¥1,600,000-¥2,400,000 Value Indicator

$11,000-$16,000 Value Indicator

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50 x 70cm, Edition of 1000, Screenprint

Medium: Screenprint

Edition size: 1000

Year: 2008

Size: H 50cm x W 70cm

Signed: No

Format: Unsigned Print

Last Auction: May 2025

Value Trend:

-2% 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
May 2025
Tate Ward Auctions
United Kingdom
$8,500
$10,000
$13,000
April 2025
Christie's London
United Kingdom
March 2025
Tate Ward Auctions
United Kingdom
October 2024
Tate Ward Auctions
United Kingdom
October 2024
Forum Auctions London
United Kingdom
September 2024
Tate Ward Auctions
United Kingdom
June 2024
Tate Ward Auctions
United Kingdom
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Track auction value trend

The value of Banksy's Flag (silver) (2008) is estimated to be between £8,000 and £12,000 (unsigned). Over the past 12 months, there have been 6 sales with an average selling price of £7,530. In the last five years, the hammer price has ranged from £7,000 in September 2024 to £35,000 in September 2020. The artwork has shown a consistent value growth, with an average annual growth rate of 2%. This screenprint has an auction history of 59 total sales since its entry to the market in January 2015. The edition size of this artwork is limited to 1,000.

Created with Highcharts 11.4.8Jun 2024Aug 2024Oct 2024Nov 2024Jan 2025Mar 2025May 2025$8,000$9,000$10,000$11,000$12,000$13,000$14,000© 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. 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.