Banksy, Trolley Hunters, 2006
Main reasons to invest
Return Potential📈: An investment of €500 could reach an estimated value of €1,060 in 4 years.
Cost-to-Return Ratio⚖️: With just 2.9% annual total costs (September releases with no exit fees), your net profit could be 20.7% per year.
Iconic Edition with Enduring Demand 🎨: Banksy’s Trolley Hunters is one of his most recognizable works, released in a signed edition limited to 150 prints at the 2006 Barely Legal exhibition in Los Angeles. Its sharp critique of consumerism, combined with consistent auction results and scarcity, ensures strong long-term appeal for collectors and investors seeking cultural and financial value.
Description
Metric | Value |
---|---|
Investment Horizon | 4 Years |
Expected CAGR (Balanced) | 20.7% p.a. after fees |
Optimistic CAGR | 29.9% p.a. after fees |
Entry Discount | 7.3% below best gallery price |
Sharpe Ratio | 0.64 (vs. SMI: 0.61) |
Value at Risk (VaR) | 75% chance to exceed €47,000 after 4 years |
Standard Deviation | 33.4% |
Risk Rating | B (7.6/10 – Moderate Risk) |
- 4-Year Horizon: Targets medium-term value appreciation supported by consistent market demand for signed Banksy editions.
- 20.7% CAGR (Balanced): Based on historical CAGR between 2009–2022, net of fees, reflecting steady price growth in this edition.
- 29.9% CAGR (Optimistic): Reflects strong auction performance and sustained global demand for Barely Legal prints.
- Sharpe Ratio of 0.64: Moderate risk-adjusted return, slightly outperforming the Swiss Market Index (0.61).
- VaR Threshold: 75% probability the value exceeds €47,000 after 4 years ensures a meaningful downside buffer.
- Standard Deviation (33.4%): Benchmarked against comparable Banksy prints, indicating medium volatility in line with the broader market.
- Entry Valuation: Acquired at €38,580 (7.3% below best gallery price), with auction comparables consistently in the £40,000–£60,000 range.
- Risk Rating “B” (7.6/10): Reflects strong market support and track record, balanced against moderate volatility and drawdown risk.
We will manage the exit strategy in collaboration with our expert on behalf of our investors, ensuring the best possible outcome based on market conditions at the time. Depending on the prevailing market situation, the work will be sold to a private collector or offered as a single lot at an auction for contemporary art. An auction is considered if the price has developed to the point where the minimum bid matches the market value and there is high demand for works by the artist. Both options are carefully considered, and we will choose the one that maximizes the return for our investors.
For centuries, art was collected for its cultural, emotional, intellectual, political, and economic value. Investing in a mid-career artist offers a mix of financial potential and personal satisfaction, making it an appealing option for both new and seasoned collectors.
Market performance underscores this demand. Recent auctions for the 150 edition have consistently ranged between £40,000 and £60,000, reflecting strong liquidity and sustained collector interest. Moreover, the importance of the image is highlighted by the sale of the original large-scale oil on canvas, which fetched $6.7 million at Sotheby’s New York in 2021—cementing “Trolley Hunters” as one of Banksy’s most enduring works.
Combined with Banksy’s enduring anonymity, provocative themes, and strong global following, this print represents not only an artwork of cultural significance but also a tangible, long-term store of value for discerning investors.
Banksy’s Trolley Hunters combines rarity, cultural importance, and proven market demand. Acquired below gallery pricing, it offers a compelling balance of return potential and downside protection. With strong historical performance and iconic status, this edition stands out as both a cultural milestone and a resilient long-term investment opportunity.
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.