In 2002, the artist achieved a new high in the auction market with the sale of Les Miserables (1974), offered in the Saffronart Online Auction by Saffronart, which concluded on 04 December 2002 at Online, achieving a sale price of ₹92,500 ($1,919). 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
- Date of Birth
- 15 Dec 1949
- Zodiac sign
- Sagittarius
- Place of Birth
- Meerut, Uttar Pradesh, India
- State Country of Birth
- Uttar Pradesh, India
Chronicled Highlights 71974 – 2005
Navjot was born in 1949 in Meerut, Uttar Pradesh, India.
In 1997, the artist achieved a new high in the auction market with the sale of Me Myself (1979), offered in the The Intuitive-Logic II: Modern & Contemporary Indian Paintings, Drawings, Graphics, Sculpture & Tapestry by HEART, which concluded on 15 November 1997 at Mumbai, achieving a sale price of ₹50,000 ($1,361). 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 20 December 1987, Navjot made their debut in the Indian public auction market when Hope II (Detail Of Diptych) was presented as Lot 21 in Contemporary Indian Art (Charity Auction), conducted by Christie's in Mumbai, India. This auction marked the artist's first recorded appearance in the public auction market, establishing the earliest chapter of their auction history.
In 2005, the artist achieved a new high in the auction market with the sale of Untitled (1989), offered in the Indian and Southeast Asian Art: Including Modern Indian Paintings from The Wilberding Collection by Sotheby's, which concluded on 20 September 2005 at New York, achieving a sale price of ₹3,95,190 ($9,000). 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 2002, the artist achieved a new high in the auction market with the sale of Untitled (1999), offered in the Masterpieces & Museum Quality Indian Modern & Contemporary Paintings by Osian's, which concluded on 05 December 2002 at Mumbai, achieving a sale price of ₹3,57,500 ($7,411). 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 Untitled (1999), 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 ₹28,80,000 ($65,203). 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 2006, the artist achieved a new high in the auction market with the sale of Sukai (2005), offered in the Contemporary: Autumn Online Auction by Saffronart, which concluded on 07 September 2006 at Online, achieving a sale price of ₹4,45,500 ($9,664). 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.
Economics of Art
Record-high lots6
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 Navjot’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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Institutions
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