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10 Most Expensive Banksy Artworks

August 19, 2014

Not too long ago, there was a time when Banksy‘s art would sit at art galleries unsold or sold for a few hundred dollars at best.

But the times have changed dramatically over the last decade and there has been a series of record-breaking sales of his works.

The growing cult following of this elusive artist, and the mysteriousness shrouded around his identity makes his work to be incredibly sought after. With a loss of faith in complex investment vehicles, it appears that, as Damien Hirst once bluntly commented, “people would rather put their money into butterflies than banks”

In the following list, we take a look at the ten most expensive pieces that have been sold at auctions throughout Banksy’s career.

  Editors’ Tip: Banksy. You are an Acceptable Level of Threat and If You Were Not You Would Know About it Updated 2017 edition. The single best collection of photography of Banksy’s street work that has ever been assembled for print. If that isn’t enough there are some words too. You Are An Acceptable Level of Threat covers his entire street art career, spanning the late ’90s right up to 2016. This new edition includes his groundbreaking ‘Dismaland’ show, the Calais refugee crisis wake-up, as well as new works from Gaza and Bristol. Also featuring the controversial ‘Cheltenham Spies’ in addition to ‘Girl with a Pearl Earring’, ‘Art Buff’ and the spectacular ‘Mobile Lovers’ which appeared outside Bristol Boys Boxing Club. 240 pages of iconic imagery from Los Angeles to Lewisham (and everywhere inbetween), including many images never before seen.

Space Girl and Bird

Banksy’s piece Space Girl and Bird, created in 2000, was part of a series of designs, commissioned by the British band Blur for the cover of their Think Tank album.

It is depicting a girl dressed in a Parka jacket and a deep sea diving helmet, gazing down at the yellow bird standing on her hand, with a dripping pink heart floating above them.

This highly sensual stencil painting, made on steel using air brush technique, was auctioned on April 25, 2007 at the Bonhams auction house from London. It was sold to a telephone bidder from the US for the surprising price of $479,926, skyrocketing from its highest estimated value of $30,000.

Click here for more data!

Think Tank

Think Tank is another Banksy’s piece from 2003, a study commissioned for the Blur’s album cover artwork.

This beautiful spray painting, stenciled on steel, depicts a romantic couple wearing deep sea diving helmets, drinking wine and sitting at a restaurant table under a dripping pink colored heart.

It was auctioned at the Sotheby’s in London on February 13th, 2013, and, after intense bidding, it was sold to an anonymous buyer for an astonishing hammer price of $516,120, fetching almost twice the highest estimated value.

For more details on this artwork, click here!

Rembrandt

Banksy’s subversive painting of Rembrandt, dated 2009, is a humorous and highly entertaining, “vandalized”  reinterpretation of the old Dutch master’s self-portrait with the addition of attention grabbing, stick-on googly eyes, and executed in acrylics on large canvas.

This painting shows good old lighthearted attitude Banksy is known for but it is painted in a very different fashion than most of his works.

Banksy’s Rembrandt is a practical joke aimed to question preconceptions of differences between great, classic art and modern, urban art. It was auctioned in February 2014 at the Philips London auction house. It topped the highest estimated price by more than a hundred thousand dollars selling for the hammer price of $541,761.

See more here!

Silent Majority

In a rather rare collaborative piece, Banksy teamed up with graffiti artist Inkie in order to cover a 10-meter-ling trailer with an interesting painting.

Silent Majority was created in 1998 (at Glastonbury Festival, no less), but it wasn’t until 2015 when it was first offered at auction – the approval of the artist’s team at Pest Control was long-awaited.

The artists approached the owners of the trailer and asked if they could paint it over. Three days later, the image was born – it depicts the era of the mid-1990s, when the free party movement was quite popular. There are seven figures, dressed as soldiers, an inflatable raft, some helicopters, and a quote saying: “It’s better not to rely too much on silent majorities.. for silence is a fragile thing…one loud noise and it’s gone.”

Of course, the graffiti bomb piece belongs to Inkie.

In 2015, at Digard Paris, the piece was sold for $550,000

See more about this artwork here!

Vandalized Phone Box

On February 14, 2008 Sotheby’s from New York auctioned this Banksy’s sculptural graffiti piece, dated 2005, which caused quite a stir when it first appeared on the streets in Soho, London.

Bent and broken British Telecommunications phone booth with a protruding pickaxe and blood pooling underneath it divided Londoners, sparking a passionate debate whether it is simply a case of vandalism or a piece of an artistic visual commentary.

After such a rich, though rather short history, it is no surprise that famous Vandalized Phone Booth fetched $550,000, almost doubling the highest estimated price.

See more details at the link.

The Rude Lord

The Rude Lord is a bold and funny oil on canvas painting done in an old master style.

Taken from an 18th-century portrait by the English painter Thomas Beach, it is another great example where Banksy has corrupted traditional painting in the manner of the previously mentioned Rembrandt portrait subversion.

The original portrait is  provocatively altered to include a hand casually showing a rude gesture of raised middle finger.

It was auctioned in original artist’s frame during the Sotheby’s Contemporary Art Evening Auction in London on 12th October 2007. The painting, dated 2006, was sold for the Hammer price of $550,314, exceeding its estimated price of around $400,000.

More on the subject here.

Happy Shopper

For his eight foot tall sculpture of Happy Shopper, made of birch faced ply and cast jesmonite in 2009, Banksy took a classic female museum statue and twisted it into a grim and sarcastic, in-your-face (anti)idol of consumerism, with her head weighed down by oversized sunglasses, price tags and hands full of shopping bags.

It was sold to an anonymous bidder on February 10th, 2014, at Phillips, London auction house for a hammer price of bedazzling $689,514 (£420,000), fetching way over its highest estimated price of nearly half of million dollars.

Click here for more information!

Submerged Phone Boot

Executed in 2006, Submerged Phone Boot features a quite faithful replica of the world-famous red phone booth used in the UK, emerging from the cement pavement.

Following the artist’s witt and humor, the artwork is a comment on what was once a great success and a trademark of the city – the phone booth became a part of the country’s culture and has been present in many movies, comic books and tv shows, for instance.

But where is it now?

Well, Banksy’s phone booth is in the arms of the buyer who was able to pay $960,000 for it at a Phillips, De Pury & Luxembourg auction in 2014 – quite possibly after seeing it at the 2006 Barely Legal exhibition in Los Angeles – one which intended to draw attention to the legal aspects of graffiti art and was billed as a “three-day vandalized warehouse extravaganza.”

More about this artwork’s auction data here!

Simple Intelligence Testing

Banksy created Simple Intelligence Testing in 2000, painting it on five pieces of canvas, together telling a story of a chimpanzee undergoing an intelligence testing and opening safes in order to find its bananas.

The story ends by this especially clever chimpanzee stacking all the safes on top of each other and escaping the laboratory through the ventilation opening on the ceiling.

Banksy executed this painting using oil on canvas and board. It was sold on February 28, 2008 during an auction at Sotheby’s in London, originally breaking the record for the most expensive Banksy’s piece by fetching an incredible price of $1,093,400 (or £550,000), with the highest estimated price set at “only” $300,000.

See full profile on Simple Intelligence Testing by following this link!

Keep it Spotless

With the highest estimated price set at $350,000, and the hammer price of mind-boggling $1,700,000, Keep it Spotless is an absolute winner of this list.

Auctioned on February 14, 2008 during the Sotheby’s Charity auction in New York, amount of money paid for this piece of urban art caught everyone by surprise, making it the most expensive Banksy ever sold.

Executed in spray paint and household gloss on canvas Banksy’s Keep it Spotless, created in 2007, was originally Damien Hirst painting which was defaced by Banksy.

It depicts a spray painted Los Angeles hotel maid Leanne who is pulling up Hirst’s piece to sweep under the painting.

More data on Keep it Spotless here!

For all most expensive Banksy artworks in auctions, be sure to visit this page!


  Editors’ Tip: Planet Banksy: The Man, His Work and the Movement He Has Inspired

Banksy is the world’s foremost graffiti artist, his work adorning streets, walls, and bridges across nations and continents. His stencil designs are instantly recognizable and disturbingly precise in their social and political commentary, flavored with subtle humour and self-awareness. More popular than ever, Banksy has spawned countless imitators, students, and fans alike, his fame—although unlooked-for—inevitably transmitting his ideas and work to the international arena. Highlighting both the relevance of Banksy’s work and how his impact has continued to spread, this book brings together some of the very best pieces of art from all corners of the world that have been inspired by Banksy, as well as some of Banksy’s own innovative, profound, and controversial work. Showcasing graffiti with a range of topics and coming from a variety of inspirational sources, this book provides an overview of how the man’s work is changing the face of modern art, as well as that of urban landscape.