5 Year Print Market Review 2023
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-¥370,000 VALUE (EST.)

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

$280,000-$430,000 VALUE (EST.)

¥4,650,000-¥7,220,000 VALUE (EST.)

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

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

Screenprint, 2008
Signed Print Edition of 20
H 68cm x W 87cm

Joe Syer

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Joe Syer, Head of Urban & Contemporary Art

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Auction Results

Auction DateAuction HouseArtwork
Hammer Price
Return to Seller
Buyer Paid
March 2021Sotheby's Online - United KingdomFlag (formica) - Signed Print
December 2020Artcurial - FranceFlag (formica) - Signed Print
October 2016Forum Auctions London - United KingdomFlag (formica) - Signed Print
November 2015Bonhams New York - United StatesFlag (formica) - Signed Print
January 2015Digard - FranceFlag (formica) - Signed Print

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.

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£15,000-£25,000 VALUE (EST.)

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

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

¥120,000-¥210,000 VALUE (EST.)

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

$140,000-$240,000 VALUE (EST.)

¥2,410,000-¥4,010,000 VALUE (EST.)

$18,000-$30,000 VALUE (EST.)

Flag (gold) - Signed Print by Banksy 2006 - MyArtBroker
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£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
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£26,000-£40,000 VALUE (EST.)

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

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

¥220,000-¥330,000 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 (silver) - Unsigned Print by Banksy 2008 - MyArtBroker
Flag (silver) Unsigned Print 
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£15,000-£25,000 VALUE (EST.)

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

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

¥120,000-¥210,000 VALUE (EST.)

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

$140,000-$240,000 VALUE (EST.)

¥2,410,000-¥4,010,000 VALUE (EST.)

$18,000-$30,000 VALUE (EST.)

Flag (gold) - Signed Print by Banksy 2006 - MyArtBroker
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£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
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£26,000-£40,000 VALUE (EST.)

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

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

¥220,000-¥330,000 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.)

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£15,000-£25,000 VALUE (EST.)

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

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

¥120,000-¥210,000 VALUE (EST.)

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

$140,000-$240,000 VALUE (EST.)

¥2,410,000-¥4,010,000 VALUE (EST.)

$18,000-$30,000 VALUE (EST.)

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£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
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£26,000-£40,000 VALUE (EST.)

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

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

¥220,000-¥330,000 VALUE (EST.)

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

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

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

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¥500,000-¥750,000 VALUE (EST.)

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¥330,000-¥500,000 VALUE (EST.)

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¥500,000-¥750,000 VALUE (EST.)

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¥100,000-¥150,000 VALUE (EST.)

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130,000-210,000 VALUE (EST.)

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¥540,000-¥750,000 VALUE (EST.)

70,000-100,000 VALUE (EST.)

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¥830,000-¥1,170,000 VALUE (EST.)

110,000-160,000 VALUE (EST.)

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80,000-110,000 VALUE (EST.)

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$80,000-$120,000 VALUE (EST.)

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£60,000-£90,000 VALUE (EST.)

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$100,000-$150,000 VALUE (EST.)

¥500,000-¥750,000 VALUE (EST.)

70,000-100,000 VALUE (EST.)

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$70,000-$100,000 VALUE (EST.)

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¥330,000-¥500,000 VALUE (EST.)

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

$390,000-$580,000 VALUE (EST.)

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

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¥500,000-¥750,000 VALUE (EST.)

70,000-100,000 VALUE (EST.)

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13,500-20,000 VALUE (EST.)

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$210,000-$330,000 VALUE (EST.)

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$110,000-$150,000 VALUE (EST.)

¥540,000-¥750,000 VALUE (EST.)

70,000-100,000 VALUE (EST.)

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$80,000-$110,000 VALUE (EST.)

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$160,000-$230,000 VALUE (EST.)

¥830,000-¥1,170,000 VALUE (EST.)

110,000-160,000 VALUE (EST.)

$970,000-$1,350,000 VALUE (EST.)

¥16,040,000-¥22,450,000 VALUE (EST.)

$120,000-$170,000 VALUE (EST.)

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60,000-90,000 VALUE (EST.)

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¥200,000-¥280,000 VALUE (EST.)

27,000-40,000 VALUE (EST.)

$230,000-$330,000 VALUE (EST.)

¥3,850,000-¥5,450,000 VALUE (EST.)

$30,000-$40,000 VALUE (EST.)

Available immediately

The Banksy Private Sale Experts

Sell to the largest Banksy collector network in the world, at a guaranteed 0% seller's fee.