The beginning of 2022 has indicated a stabilisation of the Banksy prints market that remains strong following the Banksy boom of 2020. Although a quieter quarter than early 2021, the result of this quarter shows a promising year ahead.
£6.3 million worth of Banksy prints have been sold in the first three months of 2022. Q1 2022’s total number of sales are up 319% from Q1 2020 but are just under half of what they were in Q1 2021. Once a volatile market, the number of sales this quarter has stabilised following the oversaturation of the market in mid–2021.
In this report we take a look at some of the most noteworthy highlights of the quarter, including an analysis of Banksy prints that have never been seen before at auction. We also review how the unsigned market has bounced back since Q3 2021.
We also have an exclusive interview with MyArtBroker’s co-founder and Head of Urban & Contemporary, Joe Syer, where he discusses how he started collecting Banksy and his take on where the market is going in 2022.
Take a deep dive into what we’ve learned about the market in Q1 2022 in our new trend report, packed with insights and advice for Banksy buyers and sellers.
Download our Banksy Market Guide Q1 2022.