In 1998, the artist achieved a new high in the auction market with the sale of Ethereal Transition (1969), offered in the Twentieth Century Indian Art by Christie's, which concluded on 02 June 1998 at London, achieving a sale price of ₹2,20,135 ($5,277). 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 Untitled (1970), 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 ₹48,00,000 ($103,739). 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 2005, the artist achieved a new high in the auction market with the sale of Ivory Eyes (1976), offered in the Summer Online Auction: Modern and Contemporary Indian Art by Saffronart, which concluded on 12 May 2005 at Online, achieving a sale price of ₹17,50,100 ($40,418). 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 2003, the artist achieved a new high in the auction market with the sale of Ancient River (1982), offered in the Indian and Southeast Asian Art: Including 20th Century Indian Paintings by Christie's, which concluded on 17 September 2003 at New York, achieving a sale price of ₹4,11,595 ($8,959). 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 2004, the artist achieved a new high in the auction market with the sale of Silent Observer (1983), offered in the Modern Indian Paintings: Summer Online Auction by Saffronart, which concluded on 06 May 2004 at Online, achieving a sale price of ₹8,46,071 ($18,932). 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 1997, the artist achieved a new high in the auction market with the sale of On the Shore (1984), offered in the Indian Contemporary Art by Christie's, which concluded on 04 June 1997 at London, achieving a sale price of ₹1,75,020 ($4,892). 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 2022, the artist achieved a new high in the auction market with the sale of Withered Leaf (1986), offered in the The Fine Art Sale: Including the Property from the Collections of Neerja and Mukund Lath and Dilip De by Pundole, which concluded on 13 September 2022 at Mumbai, achieving a sale price of ₹3,50,00,000 ($439,788.55). 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, Prabhakar Barwe made their debut in the Indian public auction market when Near the Lake was presented as Lot 4 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 2003, the artist achieved a new high in the auction market with the sale of Rare Bird With Blue Egg (1988), offered in the Winter Online Auction: Modern Indian Paintings by Saffronart, which concluded on 04 December 2003 at Online, achieving a sale price of ₹6,36,363 ($13,949). 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.

Every component of a painting, be it form or colour, in a way gets transformed into space. That is to say that they (the components) get synthesized with the homogenous visual result of the painting space. In the process of such transformation, colour or form gets detached from its restricted ‘actual-meaning-context’. And, from this alone, the visual result of the painting in totality is born. In my paintings such ‘result’, I feel, is abstract. However, this abstract visual result is created by the synthesis of various concrete components of the painting. For example, it seems to me that in the painting ‘The Chair and the Leaf’, the visual experience that is created by the synthesis of its several concrete components, is like a thoughtfree space of the mind, or like an undivided, unruffled mental state. At least, such visual experience is ‘expected’ by me from my paintings.

Barwe had an agenda that he followed through his work: the agenda of rendering possible the creation of an art that could validate its affiliations at the levels of being both authentic in its own history, and contemporaneous in the sense of transcending the commonly assumed opposition of tradition and modernity, of representation and abstraction. In fact, a work by Barwe at first glance seems to be a collection of carefully drawn, identifiable objects strewn about in a space the definition of which is never made clear. The viewer is made then, to embark upon a itinerary of her/ his own, through this configuration of boundless spaces and scattered objects, entering into a process of recreating the meanings suggested within the work; the process that engenders a renewed questioning of conventionalized expression, leaving the participant enriched.

In 2020, the artist achieved a new high in the auction market with the sale of First Cloud (1989), offered in the Modern Indian Art by Asta Guru, which concluded on 16 July 2020 at Online, achieving a sale price of ₹1,19,31,214 ($158,571.2). 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.