5 Year Print Market Review 2023

Flag

Banksy's Flag prints parody Joe Rosenthal's iconic photograph 'Raising the Flag on Iwo Jima' by replacing the US marines with urban youths clambering onto a derelict car. The reworked photo criticises Western imperialism, which takes pride in military conquest abroad while ignoring the disenfranchisement of its own youth.

Buy and sell Banksy prints

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

£15,000-£25,000 VALUE (EST.)

$26,000-$45,000 VALUE (EST.)

$25,000-$40,000 VALUE (EST.)

¥130,000-¥210,000 VALUE (EST.)

17,000-28,000 VALUE (EST.)

$150,000-$240,000 VALUE (EST.)

¥2,410,000-¥4,010,000 VALUE (EST.)

$19,000-$30,000 VALUE (EST.)

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

£50,000-£60,000 VALUE (EST.)

$90,000-$100,000 VALUE (EST.)

$80,000-$100,000 VALUE (EST.)

¥420,000-¥500,000 VALUE (EST.)

60,000-70,000 VALUE (EST.)

$480,000-$580,000 VALUE (EST.)

¥8,020,000-¥9,620,000 VALUE (EST.)

$60,000-$70,000 VALUE (EST.)

Flag (formica) - Signed Print by Banksy 2008 - MyArtBroker
Flag (formica) Signed Print 
Banksy

£26,000-£40,000 VALUE (EST.)

$45,000-$70,000 VALUE (EST.)

$45,000-$70,000 VALUE (EST.)

¥220,000-¥340,000 VALUE (EST.)

30,000-45,000 VALUE (EST.)

$250,000-$390,000 VALUE (EST.)

¥4,170,000-¥6,420,000 VALUE (EST.)

$30,000-$50,000 VALUE (EST.)

Flag (formica) - Signed Print by Banksy 2008 - MyArtBroker
Flag (formica) Signed Print 
Banksy

£29,000-£45,000 VALUE (EST.)

$50,000-$80,000 VALUE (EST.)

$50,000-$70,000 VALUE (EST.)

¥240,000-¥380,000 VALUE (EST.)

35,000-50,000 VALUE (EST.)

$280,000-$440,000 VALUE (EST.)

¥4,650,000-¥7,220,000 VALUE (EST.)

$35,000-$60,000 VALUE (EST.)

Sell Your Art
with Us

Join Our Network of Collectors. Buy, Sell and Track Demand

Submission takes less than 2 minutes & there's zero obligation to sell
The Only Dedicated Print Market IndexTracking 48,500 Auction HistoriesSpecialist Valuations at the Click of a Button Build Your PortfolioMonitor Demand & Supply in Network Sell For Free to our 25,000 Members

Meaning & Analysis

Referencing the iconic photograph: Raising the Flag on Iwo Jima, by Joe Rosenthal, Banksy’s Flag is a largely monochromatic print first produced in 2006.

Unlike the original photo, which depicts six US Marines lifting the Stars and Stripes atop mount Suribachi, this Banksy print replaces these men with children who clamber onto a derelict car. The children’s dress and their environment presents them as disenfranchised urban youths, and with only one touch of colour – represented by a large gold or silver (according to the edition) sun or moon – the scene bears a rather mournful tone.

The first iteration of Flag appeared at Santa’s Ghetto, Banksy’s contemporary art gallery and amusement arcade on London’s Oxford Street. The artist told The Guardian that he felt, ‘the spirit of Christmas was being lost’ so, in a 23-day show Banksy offered the public the opportunity to view and buy affordable works by some of the world’s finest underground artists.