> Source: https://www.openingbid.art/artist/leo-ray · updated 2026-11-03

# Leo Ray (b. 1950)

## What is Leo Ray’s work worth? {#value}

As of 3 November 2026, OpeningBid has recorded 115 auction results for Leo Ray at 3 houses since 2008. Over the last 24 months the median price was $1,180 including buyer’s premium (middle half $590–$1,652, n=9). The auction record is $6,875 for Pilot (2008, Sotheby's). Source: OpeningBid, an independent auction-results database.

**Top auction records: paintings, drawings & sculpture**

| # | Work | Medium | Price | House | Sold |
|---|---|---|---|---|---|
| 1 | Pilot | — | $6,875 | Sotheby's | Dec 2008 |
| 2 | 2 Figures, a Fish and a Cat | Acrylic on canvas | $6,325 | Tiroche | Jan 2017 |
| 3 | Children | Oil on canvas | $5,750 | Tiroche | Jun 2015 |
| 4 | Figures on a Horse | Oil on canvas | $4,830 | Tiroche | Jun 2014 |
| 5 | Boy | Bronze | $4,140 | Tiroche | Jan 2017 |
| 6 | Cat, 1995 | Oil on canvas | $3,910 | Tiroche | Jan 2016 |
| 7 | Family | Oil on canvas | $3,680 | Tiroche | Jun 2017 |
| 8 | Tel Aviv | Oil on canvas | $3,680 | Tiroche | Jan 2015 |
| 9 | Figures and Animals | Oil on canvas | $3,540 | Tiroche | Jan 2019 |
| 10 | Sitting Standing, 1997 | Acrylic on canvas | $3,450 | Tiroche | Jun 2016 |


**Median price by medium (last 24 months, n ≥ 5)**

| Medium | Sales | Median |
|---|---|---|
| Paintings | 65 | $1,534 |
| Works on paper | 8 | $330 |

**Median price by size (last 24 months, n ≥ 5)**

| Size | Sales | Median |
|---|---|---|
| Medium (50-120 cm) | 53 | $1,534 |
| Small (under 50 cm) | 16 | $543 |

Data as of 3 November 2026 · Source: OpeningBid, 115 results from 3 houses · [How we compute these figures](https://www.openingbid.art/methodology/price-data)


Leo Ray is an Israeli artist with 157 auction lots recorded since 2008, median price $1,416. Some sold prices are hammer-only and exclude the buyer's premium; they are marked on this page. Some sold prices are not yet verified as premium-inclusive or hammer, and are marked on this page.

A work by Leo Ray sold in 2026 for $1,652, according to OpeningBid's index of auction results.

## What is a Leo Ray work worth?

Across 115 sold lots tracked by OpeningBid, the median price of a Leo Ray work is $1,416.

The median Leo Ray painting sells for $1,534 across 100 lots.

The median Leo Ray work on paper sells for $378 across 9 lots.

The median Leo Ray sculpture sells for $805 across 3 lots.

Medium (50–120 cm) Leo Ray paintings typically sell for $976–$2,192 (the middle half of 87 sold lots).

Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

## Price breakdown by category

| Category | Lots tracked | Median price | Record price | Sell-through | Last sale |
|---|---|---|---|---|---|
| Paintings | 133 | $1,534†‡ | $6,325 | 75.2% | 2026-07-05 |
| Works on Paper | 13 | $378 | $1,534 | 69.2% | 2024-07-28 |
| Sculpture & Installation | 5 | $805‡ | $4,140 | 60% | 2017-01-28 |
| Masterpieces (top of market) | 6 | $5,375‡ | $6,875 | — | 2017-01-28 |

† hammer price — buyer's premium not included.

‡ reported price — whether it includes the buyer's premium is not yet verified.

## Price by size

### Paintings

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| small (under 50 cm) | 11 | $458–$1,122‡ | $590‡ | $1,495 |
| medium (50–120 cm) | 87 | $976–$2,192†‡ | $1,600†‡ | $5,750 |

† hammer price — buyer's premium not included.

‡ reported price — whether it includes the buyer's premium is not yet verified.

### Works on Paper

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| small (under 50 cm) | 7 | $242–$496 | $378 | $649 |

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

## Notable results

| Medium | Year | Price |
|---|---|---|
| Paintings | 2017 | $6,325 |
| Paintings | 2015 | $5,750 |
| Sculpture & Installation | 2017 | $4,140 |
| Works on Paper | 2022 | $1,534 |
| Sculpture & Installation | 2015 | $805 |
| Works on Paper | 2019 | $649 |

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 Leo Ray worth?

Across 115 sold lots tracked by OpeningBid, the median price of a Leo Ray work is $1,416. The median Leo Ray painting sells for $1,534 across 100 lots. The median Leo Ray work on paper sells for $378 across 9 lots. The median Leo Ray sculpture sells for $805 across 3 lots. Medium (50–120 cm) Leo Ray paintings typically sell for $976–$2,192 (the middle half of 87 sold lots). Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

### What is the average price of a Leo Ray painting?

Based on 100 sold lots tracked by OpeningBid, the median auction price of a Leo Ray painting is $1,534. Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

### What is Leo Ray's most expensive painting?

The highest price recorded at auction for a Leo Ray painting is $6,325.

### What is the average price of a Leo Ray work on paper?

Based on 9 sold lots tracked by OpeningBid, the median auction price of a Leo Ray work on paper is $378.

### What is Leo Ray's most expensive work on paper?

The highest price recorded at auction for a Leo Ray work on paper is $1,534.

### What is the average price of a medium Leo Ray painting?

Based on 87 sold lots, the median auction price of a medium Leo Ray painting (medium (50–120 cm)) is $1,600, according to OpeningBid's index of auction results. Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

### What is the average price of a small Leo Ray painting?

Based on 11 sold lots, the median auction price of a small Leo Ray painting (small (under 50 cm)) is $590, according to OpeningBid's index of auction results. Some prices are not yet basis-verified (premium-inclusive or hammer).

### What is Leo Ray's auction record?

Leo Ray's auction record is $6,875, set in 2008.

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Data last updated 2026-11-03. OpeningBid tracks 15,596,131 auction lots from 579 auction houses, refreshed nightly.

Cite this page as: OpeningBid, “Leo Ray auction prices”, https://www.openingbid.art/artist/leo-ray (updated 2026-11-03).

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.