Introduction
- Date of Birth
- 21 Jan 1926
- Zodiac sign
- Aquarius
- Place of Birth
- Madgaon, Goa, India
- State Country of Birth
- Goa, India
Chronicled Highlights
14 entries
1926Born
Laxman Pai
Laxman Pai was born in 1926 in Madgaon, Goa, India.
Pai, Laxman (Artist). Water Carriers. Oil on board, 1948 | Painting | 00877737
In 2000, the artist achieved a new high in the auction market with the sale of Water Carriers (1948), offered in the Indian Miniatures The Travel Sale - India and The Far East Modern and Contemporary South Asian Paintings by Sotheby's, which concluded on 08 June 2000 at London, achieving a sale price of ₹1,22,478 ($2,735). 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.
Pai, Laxman (Artist). A Market Scene. Gouache on paper, 1948 | Painting | FineArts | 00333159
In 2015, the artist achieved a new high in the auction market with the sale of A Market Scene (1948), offered in the The Fine Art Sale: Including Works from the Collection of Roshan Sabavala and Emanuel Schlesinger by Pundole, which concluded on 03 November 2015 at Mumbai, achieving a sale price of ₹32,00,000 ($44,382.31). 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.
Pai, Laxman (Artist). Three Goan Women. Tempera on card, 1951 | Painting | FineArts | 00371692
In 1951 Pai left for Paris… However, he remained an expatriate with unabated nostalgia for the verdant images of his own country, Goa, its landscapes and people. The influence of the ideologies of the modern West seems to have been marginal, a certain post-expressionistic tendency is seen in some of his later work. Perhaps the design element became much more obtrusive with an unusually strong structural emphasis but the stylised severity of the line, flatness of colours and keen sense of decoration continued. There is a certain geometrical, intellectual trait which his style acquired in Europe.
Pai, Laxman (Artist). House (Paris). Oil on canvas, 1954 | Painting | 00881120
In 2006, the artist achieved a new high in the auction market with the sale of House (Paris) (1954), offered in the Forty Masterpieces Museum Quality Series VII by Osian's, which concluded on 09 September 2006 at Mumbai, achieving a sale price of ₹15,60,000 ($33,715). 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.
Pai, Laxman (Artist). Untitled. Watercolour on paper, 1958 | Painting | 00880637
In 2006, the artist achieved a new high in the auction market with the sale of Untitled (1958), offered in the The Indian Sale by Sotheby's, which concluded on 23 May 2006 at London, achieving a sale price of ₹8,75,058 ($19,224). 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.
Pai, Laxman (Artist). Church. Oil on board, 1959 | Painting | EconomicsArt | 00870132
In 2025, the artist achieved a new high in the auction market with the sale of Church (1959), offered in the 25th Anniversary Sale by Saffronart, which concluded on 03 April 2025 at Online, achieving a sale price of ₹48,00,000 ($56,471). 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.
Pai, Laxman (Artist). Genesis. Oil on canvas, 1960 | Painting | FineArts | 00375735
In 1997, the artist achieved a new high in the auction market with the sale of Genesis (1960), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹34,256 ($945). 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.
Pai, Laxman (Artist). Birds. Oil on canvas, 1963 | Painting | FineArts | 00600211
In 2004, the artist achieved a new high in the auction market with the sale of Birds (1963), offered in the Masterpieces & Museum Quality III: Indian Contemporary Paintings with Rare Books and Vintage Film Memorabilia by Osian's, which concluded on 26 March 2004 at Mumbai, achieving a sale price of ₹1,95,500 ($4,371). 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.
Pai, Laxman (Artist). Cactus. Oil on canvas, 1963 | Painting | EconomicsArt | 00891845
In 2026, the artist achieved a new high in the auction market with the sale of Cactus (1963), offered in the Sublime Shadows: South Asian Art from a Distinguished Collection by Christie's, which concluded on 11 June2026 at New York, achieving a sale price of ₹56,91,782.5 ($59,462.52). 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.
Pai, Laxman (Artist). Greenery. Oil on canvas, 1965 | Painting | FineArts | 00375734
In 1997, the artist achieved a new high in the auction market with the sale of Greenery (1965), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹37,156 ($1,025). 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.
Pai, Laxman (Artist). Raag Todi. Oil on canvas, 1965 | Painting | EconomicsArt | 00891848
In 2026, the artist achieved a new high in the auction market with the sale of Raag Todi (1965), offered in the Sublime Shadows: South Asian Art from a Distinguished Collection by Christie's, which concluded on 11 June2026 at New York, achieving a sale price of ₹73,18,006.07 ($76,451.82). 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.
Pai, Laxman (Artist). Mother and Child. Oil on canvas, 1969 | Painting | FineArts | 00375736
In 1997, the artist achieved a new high in the auction market with the sale of Mother and Child (1969), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹20,844 ($575). 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.
Pai, Laxman (Artist). Laxman Pai - Retrospective 1947-87. Panaji: Kala Academy, 1987 | Solo Exhibition Catalogue | 00882897
In 1987, Laxman Pai Retrospective 1947-87 marked a major milestone in the exhibition history of Laxman Pai, offering a retrospective survey of the artist's artistic production
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Sotheby's (Auction House). Indian and Southeast Asian Art. 19 September 1996, New York | Auction Catalogue | EconomicsArt | 00861847
On 19 September 1996, Laxman Pai made their debut in the Indian public auction market when Festival was presented as Lot 457 in Indian and Southeast Asian Art, conducted by Sotheby's in New York, USA. 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
Currency
This section showcases auction lots that achieved record-high sale prices, tracked by the date each record was set based on the artist's historical auction data.
Record-high lots11
Public Auction Market (1987–2026) | Select Indicators
Currency
Annual Auction Sale Turnover
This indicator tracks the Total Annual Auction Sales value of Laxman Pai’s artworks, beginning in 1987 through to the present.
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 Laxman Pai’s public auction market presence.
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 Laxman Pai’s public auction market presence.
Average Sale Price Per Lot
This measure calculates the Average Sale Price of all lots by Laxman Pai sold each year.
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.
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
The Square Inch Rate normalizes prices by the size of each artwork, showing the average sale value per square inch over time.
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.
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.
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