The Market's Most Wanted 2023
Banksy™ Welcome Mat - Mixed Media by Banksy 2019 - MyArtBroker

Banksy™ Welcome Mat
Mixed Media

Banksy

£1,100-£1,650Value
Indicator

$2,100-$3,150 Value Indicator

$1,900-$2,800 Value Indicator

¥10,000-¥15,000 Value Indicator

1,300-1,900 Value Indicator

$11,000-$16,000 Value Indicator

¥210,000-¥310,000 Value Indicator

$1,400-$2,100 Value Indicator

-22% AAGR (5YR)

This estimate blends recent public auction records with our own private sale data and network demand.

There aren’t enough data points on this work for a comprehensive result. Please speak to a specialist by making an enquiry.

Mixed Media, 2019
Mixed Media
H 43cm x W 63cm

TradingFloor

23 in network
2 want this
Joe Syer
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Auction Results

Auction DateAuction HouseArtwork
Hammer Price
Return to Seller
Buyer Paid
February 2023Chiswick Auctions - United KingdomBanksy™ Welcome Mat - Mixed Media
December 2022Koller Zurich - SwitzerlandBanksy™ Welcome Mat - Mixed Media
October 2022Chiswick Auctions - United KingdomBanksy™ Welcome Mat - Mixed Media
September 2022Uppsala Auktionskammare - SwedenBanksy™ Welcome Mat - Mixed Media
July 2022Sworders - United KingdomBanksy™ Welcome Mat - Mixed Media
July 2022Koller Zurich - SwitzerlandBanksy™ Welcome Mat - Mixed Media
July 2022Rosebery's Fine Art Auctioneers - United KingdomBanksy™ Welcome Mat - Mixed Media

Meaning & Analysis

Banksy™ Welcome Mat, released via the street artist’s 2019 Gross Domestic Product shop, is made of fabric from discarded, knockoff life vests, mocking their ineffectiveness as flotation devices. Sales proceeds aided refugee services, shining a light on the ongoing crisis and global injustice.
Along with the Banksy™ Early Learning Counting Set, this work presents a cutting take on the ongoing refugee crisis that has seen thousands of people risk their lives in the illegal crossing of the Mediterranean and the English Channel.

Ostensibly a welcome mat of the type seen outside many of Britain’s homes, the work reveals itself to be layered with poignant meaning, its bright and cheery message stitched together from the fabric of discarded life vests that promise to keep the migrant afloat in case of capsizing in rough seas. In the original description for the piece in the online Gross Domestic Product, customers were advised that the limited edition pieces ‘no longer constitute a valid buoyancy aid – although shockingly many never did – they're cheap fakes sold by people smugglers and don't actually float.’

While many other products in the shop seemed to capitalise on the things they were satirising this work offered a more sensitive approach. It was originally made in conjunction with the organisation 'Love Welcomes', who work with women held in detention camps in Greece. The GDP website also listed that all proceeds from the original sales were ‘retained locally to help refugees access key services.’

Combining compassion with wit, this work proves Banksy’s unfailing ability to both make light of tragedy and to highlight the unfairness of a world which forces families to flee their homes as a result of war and oppression. In this way the present work ties in with many of Banksy’s other pieces from the GDP shop, including Duck and Cover, which portrays unmanned drones, as well as earlier works of street art such as a mural painted in Venice which depicts a young child wearing a life vest and holding a flare.

The GDP project began as a showroom filled with Banksy products which was unveiled in October 2019 in Croydon, South London. Appearing almost overnight, the ‘shop’ became a viral sensation with visitors queuing round the block to get a look at Banksy’s new ‘homewares brand’.

The shop never opened however and customers were told to go online to purchase these products which ranged from the welcome mat seen here to a limited edition version of the stab vest worn by Stormzy at Glastonbury that same year. But once online customers could not buy products straight away; instead they were asked to answer the question ‘Why does art matter?’ which would then enter them into consideration for a piece. This was intended to avoid buyers acquiring pieces purely for investment, in a move that mirrored the original motivation behind the concept of the shop which was to prevent a greeting card company from trademarking the Banksy name. With GDP Banksy got there first, releasing a line of products that go beyond the cheap merchandise that usually imitates his designs in order to convey important messages about our society and to create innovative artworks at the same time.

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