In 2007, the artist achieved a new high in the auction market with the sale of Phool (1989), offered in the Contemporary Art South Asia: Indian, Pakistan by Sotheby's, which concluded on 21 September 2007 at New York, achieving a sale price of ₹29,10,510 ($73,000). 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
- Zodiac sign
- Gemini
- Age
- 83
- Place of Birth
- Aligarh, Uttar Pradesh, India
- Place of Death
- London, UK
- State Country of Birth
- Uttar Pradesh, India
- State Country of Death
- UK
Chronicled Highlights 61989 – 2012
Zarina Hashmi — Aligarh, Uttar Pradesh, India.
Home is a foreign place I created for myself just to understand how I got here.
On 21 September 2005, made their debut in the Indian public auction market when Spiral was presented as Lot in Indian And Southeast Asian Art: Including Modern And Contemporary Indian Art, conducted by Christie'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.
In 2022, the artist achieved a new high in the auction market with the sale of Tasbih (Gold) (2008), offered in the Modern and Contemporary South Asian Art by Sotheby's, which concluded on 21 March 2022 at New York, achieving a sale price of ₹2,78,19,619.38 ($365,400). 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 2019, the artist achieved a new high in the auction market with the sale of Tears of the Sea (2011), offered in the South Asian Modern + Contemporary Art by Christie's, which concluded on 20 March 2019 at New York, achieving a sale price of ₹73,16,417.5 ($106,250). 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 2018, the artist achieved a new high in the auction market with the sale of Fleeting Moments (2012), offered in the Boundless India by Sotheby's, which concluded on 29 November 2018 at Mumbai, achieving a sale price of ₹37,50,000 ($53,635.87). 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.
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 Zarina Hashmi’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
40
Personalities
29
Institutions
9