> Source: https://www.openingbid.art/artist/herman-madsen · updated 2026-11-01

# Herman Madsen

Herman Madsen is a Danish artist with 10 auction lots recorded since 2005, median price $227. Some sold prices are hammer-only and exclude the buyer's premium; they are marked on this page.

A work by Herman Madsen sold in 2023 for $323, according to OpeningBid's index of auction results.

## What is a Herman Madsen work worth?

Across 8 sold lots tracked by OpeningBid, the median price of a Herman Madsen work is $227.

The median Herman Madsen painting sells for $177 across 10 lots.

Some prices are hammer-only and exclude the buyer's premium.

## Price breakdown by category

| Category | Lots tracked | Median price | Record price | Sell-through | Last sale |
|---|---|---|---|---|---|
| Paintings | 11 | $177† | $928† | 90.9% | 2023-07-12 |

† hammer price — buyer's premium not included.

## Price by size

### Paintings

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| medium (50–120 cm) | 6 | $173–$311† | $224† | $734† |

† hammer price — buyer's premium not included.

Size is the work's longest edge. Cells appear only with at least 5 sold lots.

## Notable results

| Medium | Year | Price |
|---|---|---|
| Paintings | 2005 | $928† |
| Paintings | 2011 | $734† |

† hammer price — buyer's premium not included.

The highest recorded result in each medium. The full sale history is in the OpeningBid app (free sign-up).

## Frequently asked questions

### What is a Herman Madsen worth?

Across 8 sold lots tracked by OpeningBid, the median price of a Herman Madsen work is $227. The median Herman Madsen painting sells for $177 across 10 lots. Some prices are hammer-only and exclude the buyer's premium.

### What is the average price of a Herman Madsen painting?

Based on 10 sold lots tracked by OpeningBid, the median auction price of a Herman Madsen painting is $177. Some prices are hammer-only and exclude the buyer's premium.

### What is Herman Madsen's most expensive painting?

The highest price recorded at auction for a Herman Madsen painting is $928. That record lot sold for a hammer price of $928 (buyer's premium not included).

### What is Herman Madsen's auction record?

Herman Madsen's auction record is $928, set in 2005. That record lot sold for a hammer price of $928 (buyer's premium not included).

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Data last updated 2026-11-01. OpeningBid tracks 15,222,099 auction lots from 571 auction houses, refreshed nightly.

Cite this page as: OpeningBid, “Herman Madsen auction prices”, https://www.openingbid.art/artist/herman-madsen (updated 2026-11-01).

Historical auction data, not investment advice. Prices are premium-inclusive USD where the buyer's premium is recorded. Figures marked † are hammer prices (buyer's premium not included); ‡ marks a price whose basis is not yet verified. Non-USD results are converted at the sale month's rate.