Introduction
- Date of Birth
- 1956
Chronicled Highlights
7 entries
1956Born
Ravinder Reddy
Ravinder Reddy was born in 1956.
Reddy, Ravinder (Artist). Family. Painted and gilded polyester-resin fiberglass, 1979 | Sculpture | FineArts | 00645098
In 2013, the artist achieved a new high in the auction market with the sale of Family (1979), offered in the The Amaya Collection: Modern and Contemporary Indian Art by Sotheby's, which concluded on 19 March 2013 at New York, achieving a sale price of ₹1,85,03,854 ($341,000). 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.
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Sotheby's (Auction House). The Times of India Auction of Timeless Art (Charity Auction) by Sotheby's of London. 26 March 1989, Bombay | Auction Catalogue | EconomicsArt | 00861837
On 26 March 1989, Ravinder Reddy made their debut in the Indian public auction market when Radha was presented as Lot 29 in The Times of India Auction of Timeless Art (Charity Auction) by Sotheby's of London, conducted by Sotheby's in Bombay, India. This auction marked the artist's first recorded appearance in the public auction market, establishing the earliest chapter of their auction history.
Reddy, Ravinder (Artist). Devi. Synthetic polymer paint and gold leaf on polyester resin fiberglass, 1998 | Sculpture | FineArts | 00332711
In 2015, the artist achieved a new high in the auction market with the sale of Devi (1998), offered in the Evening Sale by Saffronart, which concluded on 10 September 2015 at New Delhi, achieving a sale price of ₹2,70,00,000 ($405,502.82). 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.
Reddy, Ravinder (Artist). Woman Of Kapulapadu II. Polyester resin fiberglass, 2000 | Sculpture | 00880323
In 2006, the artist achieved a new high in the auction market with the sale of Woman Of Kapulapadu II (2000), offered in the Modern and Contemporary Indian Art by Christie's, which concluded on 30 March 2006 at New York, achieving a sale price of ₹74,94,480 ($168,000). 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.
Reddy, Ravinder (Artist). Head-06. Painted and gold gilded polyester, resin and fiberglass, 2005 | Sculpture | 00868803
In 2024, the artist achieved a new high in the auction market with the sale of Head-06 (2005), offered in the South Asian Art: Modern and Contemporary by Artiana, which concluded on 14 December 2024 at Online, achieving a sale price of ₹3,30,82,101 ($390,000). 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.
Reddy, Ravinder (Artist). Radha 2007. Polyester-resin and fiberglass, 2006-2007 | Sculpture | FineArts | 00561199
In 2007, the artist achieved a new high in the auction market with the sale of Radha 2007 (2007), offered in the Contemporary: Spring Online Auction by Saffronart, which concluded on 08 March 2007 at Online, achieving a sale price of ₹1,48,80,999 ($334,856). 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.
Reddy, Ravinder (Artist). Untitled. Painted polyester resin fibreglass, 2008 | Sculpture | FineArts | 00357734
The marvel lies in the way this in this inexpensive synthetic material is rendered into an artistic medium of preference, where the sculptor can achieve both the desired
lightness of weight that fibreglass and polyester resin carry and make possible the massive sizes with which he works, as well as highlight the opacity, sheen and glossiness that enamel car paint brings. To transform the ordinariness of this material into the preciousness that radiates out of the shapes and surfaces of these heads became his artistic tour‒de‒force.
lightness of weight that fibreglass and polyester resin carry and make possible the massive sizes with which he works, as well as highlight the opacity, sheen and glossiness that enamel car paint brings. To transform the ordinariness of this material into the preciousness that radiates out of the shapes and surfaces of these heads became his artistic tour‒de‒force.
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 lots6
Public Auction Market (1987–2026) | Select Indicators
Currency
Annual Auction Sale Turnover
This indicator tracks the Total Annual Auction Sales value of Ravinder Reddy’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 Ravinder Reddy’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 Ravinder Reddy’s public auction market presence.
Average Sale Price Per Lot
This measure calculates the Average Sale Price of all lots by Ravinder Reddy 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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