Banksy, Nola (white), 2008
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 755 EUR in 4 years.
Cost-to-Return Ratio⚖️: With just 2.8% annual total costs (including exit fees), your net profit could be an impressive 10.8% per year.
Meaningful cause🌊: The artwork was inspired by the tragic events of Hurricane Katrina and is said to depict the less than adequate response from the New Orleans authorities to help those in need. With such a poignant and meaningful cause it instantly captured global headlines upon its release in 2008 and has become one of Banksy’s most sought after artworks.
Description
"The Nola image stands as one of Banksy’s most impactful and instantly recognisable stencil works. Since its debut in 2008 as a street piece in New Orleans this image has consistently commanded high demand among collectors globally. TGB Contemporary see acquiring this piece as a superb investment and a valuable addition to the Splint Portfolio." - Bradley Ridge, Expert at TGB Contemporary
Why invest in Banksy?
Iconic Status
Banksy is perhaps the most famous figure in street art today, renowned for his urban interventions that exhibit irreverent wit and a sharp political edge.
Anonymity and Mystique
The artist's decision to maintain anonymity enhances his mystique, adding an element of intrigue to his work.
Global Recognition
Banksy's art has garnered international attention, with exhibitions in major cities such as Los Angeles, New York, London, and Bethlehem.
Secondary Market Interest
His artwork has generated widespread interest on the secondary market, with pieces fetching significant sums at auction, sometimes reaching eight figures.
Why invest in Nola?
Response to Hurricane Katrina
Banksy’s Nola, or Umbrella Girl, was ÿrst painted in the Marigny neighbourhood of New Orleans, USA as a response to the devastation caused by hurricane Katrina. The work was part of a series of 14 murals which referenced the natural disaster, which wreaked havoc upon New Orleans in 2005. Its title references the city's a˛ectionate nickname: ‘Nola’.
Limited Edition Prints
The first Nola signed print was released later in 2008 in a limited edition of 289 signed works. The image portrays a young girl stood in the pouring rain, carrying an umbrella; in a characteristic Banksy twist, the girl extends a tentative cupped hand, only to find that the umbrella is in fact the source of the downpour - as opposed to a means of protection from it.
Variations and Editions
Now one of the most popular Banksy prints, the first edition of Nola featured white raindrops while later, larger editions comprised 63 prints featuring grey rain. In this edition, 32 prints featured neon orange rain, while 31 others rendered the same precipitation in neon yellow. 66 artist proofs, issued around the same time, also feature multicolour rain. All of these works are numbered and signed by the artist.
Sell your Splints? We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process.
Expert
TGB London Limited, founded in 2016 by Simon Portlock and Bradley Ridge is an art advisory and brokerage company. Leveraging the expertise of Simon and Bradley in the contemporary art market, TGB specialises in guiding collectors to curate world-class art collections. With a commitment to excellence, TGB provides unparalleled insights and support to art collectors ensuring the creation of exceptional and noteworthy collections.
