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.
Introduction
- Date of Birth
- 1956
Chronicled Highlights 71979 – 2008
Ravinder Reddy was born in 1956.
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.
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.
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.
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.
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.
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
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 Ravinder Reddy’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
Related
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Personalities
16
Institutions
11
Themes
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