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Heavy Weaponry (canvas) - Signed Mixed Media by Banksy 2004 - MyArtBroker

Heavy Weaponry (canvas)
Signed Mixed Media

Banksy

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30 x 30cm, Edition of 25, Mixed Media

Medium: Mixed Media
Edition size: 25
Year: 2004
Size: H 30cm x W 30cmx D 4cm
Signed: Yes
Format: Signed Mixed Media
Last Auction: April 2021

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4 in network
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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
April 2021
Christie's London
United Kingdom
$270,000
$320,000
$380,000
October 2020
Sotheby's Online
United Kingdom
September 2019
Sotheby's Online
United Kingdom
October 2018
Sotheby's New York
United States
January 2017
Sotheby's Hong Kong
Hong Kong
July 2014
Bonhams New Bond Street
United Kingdom
October 2012
Bonhams Los Angeles
United States
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Track auction value trend

The value of Banksy’s Heavy Weaponry (canvas) (signed) is estimated to be worth between £80,000 and £120,000. This mixed media artwork, created in 2004, has shown strong value growth, with an average annual growth rate of 12%. This work has an auction history of eight total sales since its entry to the market in October 2007. In the last five years, the hammer price has ranged from £229,167 in April 2021 to £252,000 in October 2020. The average return to the seller during this period has been £204,496. This work is part of a limited edition of 25.

Created with Highcharts 11.4.8Oct 2012Mar 2014Aug 2015Jan 2017Jun 2018Nov 2019Apr 2021$200,000$225,000$250,000$275,000$300,000$325,000$350,000$375,000$400,000$425,000© MyArtBroker

Meaning & Analysis

The work is defined by its minimalist style and iconic tone. The use of stencils is a characteristic feature of Banksy’s visual style. The artist started producing freehand graffiti drawings, however switched to using stencils as it enabled him to speed up the artistic process and avoid being caught by the police and being spotted by onlookers.

The image of the elephant bearing a rocket on its back can be interpreted in various ways. The primary message of the print is anti-military, in line with Banksy’s other works using similar imagery. Using the elephant as an anti-war symbol resonates with other famous Banksy works in which various animals are used as symbols, for example, the way monkeys are used to represent ordinary people or the ‘masses’ and their interactions with the establishment in Laugh Now.