Introduction
- Date of Birth
- 1974
- Place of Birth
- Kolkata, West Bengal, India
- State Country of Birth
- West Bengal, India
Chronicled Highlights
6 entries
1974Born
Raqib Shaw
Raqib Shaw was born in 1974 in Kolkata, West Bengal, India.
Shaw, Raqib (Artist). Henry VIII. Acrylic, glitter, enamel, rhinestones & mixed media on paper, 2006 | Painting | FineArts | 00416240
In 2022, the artist achieved a new high in the auction market with the sale of Henry VIII (2006), offered in the Present Future by Asta Guru, which concluded on 11 February 2022 at Online, achieving a sale price of ₹88,74,458 ($117,769.92). 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.
Shaw, Raqib (Artist). Untitled. Acrylic, lacquer, glitter and rhinestones on paper, 2007 | Painting | FineArts | 00645626
In 2013, the artist achieved a new high in the auction market with the sale of Untitled (2007), offered in the Contemporary Art: Day Auction by Sotheby's, which concluded on 27 June 2013 at London, achieving a sale price of ₹13,93,767 ($23,004). 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.
Shaw, Raqib (Artist). Death, Beauty and Justice III. Industrial paint, crystal and glitter on thick paper, 2007 | Painting | FineArts | 00642430
In 2016, the artist achieved a new high in the auction market with the sale of Death, Beauty and Justice III (2007), offered in the Modern and Contemporary South Asian Art by Sotheby's, which concluded on 18 October 2016 at London, achieving a sale price of ₹40,85,680 ($61,230). 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.
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Sotheby's (Auction House). Indian and Southeast Asian Art - Including Property from The Francisco Capelo Collection. 24 March 2010, New York | Auction Catalogue | EconomicsArt | 00862059
On 24 March 2010, made their debut in the Indian public auction market when Umrao Jan' The Last Dance was presented as Lot in Indian and Southeast Asian Art: Including Property from The Francisco Capelo Collection, 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.
Shaw, Raqib (Artist). Fall of the Jade Kingdom II - Paradise Lost II. Oil, acrylic , glitter, enamel & rhinestones on birchwood, 2014 | Painting | FineArts | 00352358
In 2023, the artist achieved a new high in the auction market with the sale of Fall of the Jade Kingdom II - Paradise Lost II (2014), offered in the Present Future by Asta Guru, which concluded on 16 February 2023 at Online, achieving a sale price of ₹2,56,55,424 ($310,442.76). 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.
Asta Guru (Auction House). Present Future. 16 February 2023, Online | Auction Catalogue | EconomicsArt | 00862463
In 2023, an artwork by Raqib Shaw was featured on the cover of Asta Guru: Present Future (February 2023, Mumbai), marking a documented highlight in the artist's public and auction market visibility.
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 lots5
Public Auction Market (1987–2026) | Select Indicators
Currency
Annual Auction Sale Turnover
This indicator tracks the Total Annual Auction Sales value of Raqib Shaw’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 Raqib Shaw’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 Raqib Shaw’s public auction market presence.
Average Sale Price Per Lot
This measure calculates the Average Sale Price of all lots by Raqib Shaw 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.
Research Centre
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