In 2025, the artist achieved a new high in the auction market with the sale of Portrait of His Holiness the 14th Dalai Lama at his enthronement (1940), offered in the The Collection and Archive of Sir Basil Gould CBE by Bonhams, which concluded on 05 June 2025 at London, achieving a sale price of ₹1,77,65,337.84 ($207,120.4). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
Introduction
- Zodiac sign
- Capricorn
- Age
- 83
- Place of Birth
- Mongomery, Punjab, Undivided India | Present-day Pakistan
- Place of Death
- New Delhi, NCT of Delhi, India
- State Country of Birth
- Punjab, Undivided India | Present-day Pakistan
- State Country of Death
- NCT of Delhi, India
Chronicled Highlights 41940 – 1999
Kanwal Krishna — Mongomery, Punjab, Undivided India | Present-day Pakistan.
In 2023, the artist achieved a new high in the auction market with the sale of A Tibetan Monastery (1951), offered in the Winter Online Auction by Saffronart, which concluded on 14 December 2023 at Online, achieving a sale price of ₹10,95,600 ($13,200). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
In 2007, the artist achieved a new high in the auction market with the sale of Homage To Light Series (1986), offered in the Masterpieces and Museum Quality Series VIII by Osian's, which concluded on 31 January 2007 at Mumbai, achieving a sale price of ₹7,80,000 ($17,659). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
On 16 June 1999, Kanwal Krishna made their debut in the Indian public auction market when Preparing Curd was presented as Lot 30 in Modern and Contemporary Indian Paintings, conducted by Bonhams in London, UK. This auction marked the artist's first recorded appearance in the public auction market, establishing the earliest chapter of their auction history.
Economics of Art
Record-high lots4
Public Auction Market (1987–2026) | Select Indicators
Annual Auction Sale Turnover
It aggregates all sales across global auction houses into yearly totals.
Analysis reflected in the chart:
The turnover graph highlights periods of strong growth, moments of market correction, and resilience during downturns. Peaks often align with landmark works coming to public auction, while troughs may indicate reduced supply or weaker demand. Over time, the curve illustrates the overall trajectory of Kanwal Krishna’s public auction market presence.
Average Sale Price Per Lot
It smooths out fluctuations caused by the quantity of works offered and focuses on the Average Sale Price level per artwork.
Analysis reflected in the chart:
Rising average sale prices indicate growing collector confidence and a stronger willingness to pay higher amounts per work. Assuming the mix of mediums remains relatively stable over time, the proportion of works on paper typically priced lower than works on canvas adds important context to understanding these market movements.
Square Inch Rate Trend
This allows fair comparisons between smaller works and larger canvases.
Analysis reflected in the chart:
The Square Inch Rate shown in the graph combines various medium types such as canvas, paper, board, and others. Historically, works on canvas and board have broadly commanded higher prices compared to works on paper.
Research Centre
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