In 2012, the artist achieved a new high in the auction market with the sale of Krishna (1971), offered in the Creative India Series 4: Goa, Cholamandal & South India by Osian's, which concluded on 21 June 2012 at Mumbai, achieving a sale price of ₹16,80,000 ($29,778). 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
- Age
- 65
- Place of Birth
- Madras, Tamil Nadu, India
- Place of Death
- Madras, Tamil Nadu, India
- State Country of Birth
- Tamil Nadu, India
- State Country of Death
- Tamil Nadu, India
Chronicled Highlights 41971 – 2020
P.V. Janakiram — Madras, Tamil Nadu, India.
In 2007, the artist achieved a new high in the auction market with the sale of Untitled (1975), 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 ₹9,60,000 ($21,734). 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 15 November 1997, made their debut in the Indian public auction market when Buddha was presented as Lot in The Intuitive-Logic II: Modern & Contemporary Indian Paintings, Drawings, Graphics, Sculpture & Tapestry, conducted by HEART 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 2020, an artwork by P.V. Janakiram was featured on the cover of Asta Guru: Collectors Choice (November 2020, Mumbai), marking a documented highlight in the artist's public and auction market visibility.
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 P.V. Janakiram’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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