Public offered chance to buy shares in "extremely rare" Banksy artwork

By Ben Miller | 11 April 2014

Could this be the way to buy art without breaking the bank? A Banksy work has helped launch a share scheme

A photo of a stencil black painting of a man holding a child in front of their mother
Daddy's Back in Shoreditch© My Art Invest
A hand-painted Banksy, last seen in an exhibition 11 years ago, has been offered to the public in a share-buying scheme.

Fans will be able to own part of Daddy’s Back, which has been held in a private collection and is described as “extremely rare”, as part of My Art Invest, whose organisers say they have given 6,000 customers an average return of 30% in France during the past three years.

An image of a multicoloured abstract artwork containing lots of angular shapes
Revok's 4935 Holcomb, in mixed media, has 300 shares available at £52 a pop© My Art Invest
“As an artist who predominately works with stencils, an original hand-painted piece of work by Banksy only comes around once every couple of years,” said Bash Wheatley, the company’s Urban Art Director.

“It is even more exciting for us to have this work on the eve of My Art Invest's launch.

“I am sure that at £350 a share, the public will see this as an excellent investment opportunity and a chance to own a very rare and unique piece of street art by one of the leading contemporary artists of our generation."

Shares in other canvasses are cheaper, starting at £5. Backers who buy a quarter of the shares in any artwork could hang their chosen piece at home for a quarter of the year.

“We are thrilled to have opened the gallery in the UK after such tremendous success in France,” said Founding Director Tom-David Bastok, launching the 230 square metre space in Shoreditch, where an exhibition of around 30 artworks will rotate each month.

“We look forward to welcoming anyone with an interest in what we are doing to our new gallery.

“My Art Invest was created with the vision of making buying art something that isn’t reserved for the financial elite.

“Through our unique trading platform we hope to change the way that people engage with art by giving them the freedom to take ownership over works that they enjoy without needing to spend their entire life savings.”

What do you think? Leave a comment below.

An image of a black and white stencil artwork showing an elephant carrying a bomb
Banksy, Heavy Weaponry. Spray paint on canvas. £120,000 - 1,000 shares available at £120© My Art Invest
An image of an abstract painted artwork showing a green circle and swirls of purple
Futura 2000, The Observation. Spray paint on canvas. £45,000 - 500 shares available at £90© My Art Invest
Katrin Fridriks, Magic Stendhal Mothernature© My Art Invest
Ludo, I Grapes Roma. Paint and screen print on paper and board. £40,000 - 500 shares available at £80© My Art Invest
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