Banksy, Pulp Fiction, 2004

Valuation Summary 📝

---

1. Fair Entry Point with Premium Justified by Mint Condition
Acquired at €46.5k all-in, this Banksy Pulp Fiction screenprint offers a compelling entry given its mint condition—free from toning or imperfections common in recent comparables. Same print in poor condition sold at Christie’s in April 2025 for €50.5k.

2. Cultural Icon with Deep Market Liquidity
As one of Banksy’s most recognized early works, Pulp Fiction blends pop-culture iconography with the visual punch that defines his early street art. Painted in 2002, it has appeared in over 65 auctions and is routinely listed by top platforms like Sotheby’s and Phillips. Its edition of 600, visual impact, and cultural relevance drive consistent buyer demand and support its liquidity profile.

3. Mid-Term Upside with Strong Historical Support
With a historical CAGR-based target of €105.6k (21.7%) and an optimistic scenario of €156.7k (34.3%), the work offers robust mid-term return potential. A Sharpe ratio of 0.64 confirms its strong risk-adjusted profile, while conservative pricing versus the 2020 record of €120.2k (converted from £102.7k) provides upside headroom and limits downside risk—ideal for collectors and investors alike.

Exit Options at Maturity 🚪

---

We will manage the exit strategy in collaboration with our expert TGB on behalf of our investors, ensuring the best possible outcome based on market conditions at the time. Depending on the prevailing market situation, the painting will be sold to a private collector or offered as single lots 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.

Why Invest in This Category? 🎨

---

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.

Why Invest in This Asset? 💎

---

Banksy’s Pulp Fiction isn’t just a print—it’s a cultural flashpoint captured on paper. A parody that trades bullets for bananas, it mocks authority and violence with humor, irony, and unmistakable boldness. Originally sprayed on a wall near Old Street Station, the image quickly became one of the most recognizable pieces in Banksy’s early career—a moment when street art wasn’t auction-worthy, but a voice from the underground. That mural was painted over by the city in 2007, but instead of fading from relevance, it became even more powerful. Its erasure sparked tribute murals, fan-led campaigns, and cemented its place in the collective memory of London’s art scene.

Now, owning this screenprint means holding onto a tangible fragment of that story. Numbered 524 of 600, this edition is in pristine, mint condition—something increasingly rare in the print world. It’s clean, it’s bold, and it captures Banksy’s wit and bite at a pivotal time in his ascent.

For collectors, this is a piece of rebellion, nostalgia, and history rolled into one. For investors, it’s a rare opportunity to own something that carries deep emotional resonance, yet enjoys strong market structure: a well-documented auction history, robust edition size, and global demand. With its roots in social commentary and its branches reaching into every corner of popular culture, Pulp Fiction is more than a print—it’s a reflection of the world we live in, and a statement that continues to speak volumes.

Context in Time 🕰️

---

Originally painted near Old Street Station in 2002, Pulp Fiction marked Banksy’s rise during the golden era of UK street art. The mural, controversially erased by city officials, became a symbol of cultural censorship—only amplifying its value over time. This screenprint captures that moment in art history, immortalizing an image that resonates across generations and continues to thrive in both artistic and investment circles.

Conclusion 🎯

---

Banksy’s Pulp Fiction is an iconic, investment-grade asset with strong market liquidity, cultural relevance, and historical significance. Its clean condition, favorable entry price, and mid-term return potential make it an ideal vehicle for collectors seeking capital appreciation and cultural alignment. It’s not just art—it’s a compelling financial story.