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Banksy, Banksquiat, 2019

Asset value
92.683 €
Issue price per Splint
50 €
Total number of Splints
1.713
Investment horizon in years
2 to 4
Return-to-Risk Assessment
8/10
Since launch August ‘23
+8.2%

Main reasons to invest

  • Return Potential📈: An investment of 500 EUR is projected to be worth approximately 911 EUR in 4 years.

  • Cost-to-Return Ratio⚖️: With just 2.6% annual total costs (including exit fees), your net profit could be an impressive 16.2% per year.

  • A Hommage to Basquiat👑: Banksquiat presents a striking union between two of the biggest names in Street & Urban Art past and present: Jean-Michel Basquiat and Banksy.

Description

⚠️New: 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.

Why this artwork?

Banksquiat's Artistic Symbolism and Homage
Throughout his enigmatic career, Banksy has consistently acknowledged his predecessors in Street Art. Originating in the 1980s with artists like Basquiat and Keith Haring, these trailblazers of Pop Art took to the streets to bring art to the masses. Their philosophy profoundly impacted Banksy, evident in his nod to Haring in "Choose Your Weapon" and to Basquiat in this series. In fact, Banksquiat's monochromatic style could be interpreted as an homage to Haring's early Subway Drawings, executed in chalk on New York's subway. This isn't the first time Banksy has paid tribute to Basquiat, as seen in his 2017 murals near the Barbican center during a retrospective of Basquiat's work.

Satirical Critique of Commercialization
While Banksquiat celebrates the history of Street Art, it simultaneously satirizes its commercialization. Much like Haring, Warhol, and Banksy, Basquiat's art has been used in numerous commercial campaigns, often stripped of its essence and plastered on consumer goods for unintended profit. Banksy's resistance to this commodification of art is a central theme. The Basquiat crown ferris wheel appears to symbolize the unending cycle of capitalism and consumerism. Originally available on Banksy's online store, Gross Domestic Product, Banksquiat provocatively questions the growing commercialization of Basquiat's work, while being part of it.

An Irony of Value and Perception
Hence, Banksquiat represents another one of Banksy's sly critiques on the art world and its establishment. Ironically, the two Banksquiat works were sold on GDP for £500 each, underscoring our persistent fixation on iconic artwork as objects rather than as 'Art'.

Who is Banksy?

Introduction to Banksy
Banksy is a pseudonymous England-based street artist, political activist, and film director known for his distinctive and thought-provoking works of art. His identity remains a mystery, adding to the allure and intrigue surrounding his creations. Banksy emerged in the early 2000s and quickly gained international recognition for his unique approach to urban art, often blending dark humor, political commentary, and social critique.

Artistic Style and Themes
Banksy's art is characterized by its striking simplicity and impactful messages. He employs stencils to create intricate and detailed designs that resonate with viewers. His work often conveys powerful social and political statements, addressing topics such as capitalism, consumerism, war, and inequality. Banksy's art challenges conventional norms and engages viewers in discussions about societal issues.

Global Impact and Notable Works
Banksy's influence has reached far beyond the streets where his art first appeared. His works have been showcased in galleries and exhibitions worldwide, gaining recognition as powerful pieces of contemporary art. Some of his notable works include the iconic "Girl with a Balloon," which symbolizes hope and fleeting moments, and "The Flower Thrower," depicting a man preparing to throw a bunch of flowers as a symbol of peace.

Activism and Cultural Impact
Banksy's art often serves as a form of activism, using public spaces as his canvas to challenge authority and provoke critical thinking. His pieces often appear unexpectedly on walls and structures, sparking discussions and debates within communities. Banksy's art also influences other artists and continues to shape the trajectory of street and urban art as a whole.

Commercial Success and Paradox
Despite his critiques of commercialization, Banksy's art has ironically become valuable in the art market. His works have fetched significant prices at auctions and sales, attracting both collectors and investors. This paradox underscores the tension between the artist's original intent and the art world's commodification.

Legacy and Impact
Banksy's legacy lies not only in his art but also in his ability to challenge perceptions, inspire conversations, and disrupt societal norms. His thought-provoking works have left an indelible mark on contemporary art and have opened doors for discussions on topics that shape our world.

In summary, Banksy is an enigmatic artist whose art transcends boundaries and challenges societal norms. His impact on urban art and contemporary culture continues to resonate globally, making him one of the most influential and provocative artists of our time.


Expert

Maddox Advisory

The art investment advisors of Maddox bring together years of specialist knowledge and practical experience with objective market analysis to offer their clients quality advice and consistent returns.
 

Additional details

Asset ID
d97c1429-e695-4852-8cf3-34a3792710b1
Name
Banksquiat
Artist
Banksy
Publication year
2019
Size
75 x 70 cm
Number of editions
300
Editionnumber
168 of 300
Print-Style
Screenprint on paper
Signature
Yes, on the front

Documents

Aurelio Image CEO

Aurelio

CEO & Co-Founder