> Source: https://www.openingbid.art/artist/panamarenko · updated 2026-11-02

# Panamarenko (1940–2019)

## What is Panamarenko’s work worth? {#value}

As of 2 November 2026, OpeningBid has recorded 315 auction results for Panamarenko at 30 houses since 1998. Over the last 24 months the median price was $415 including buyer’s premium (middle half $169–$964, n=87). The auction record is $422,779 for Prova-Car (2005, Christie's). Source: OpeningBid, an independent auction-results database.

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

| # | Work | Medium | Price | House | Sold |
|---|---|---|---|---|---|
| 1 | Prova-Car, 1967 | Wood, tin, plastic, fabric, foam and screws | $422,779 | Christie's | Jun 2005 |
| 2 | Flugobjekt (Rakete), 1969 | Balsa wood, fabric, aluminum and steel frame | $134,500 | Christie's | Jun 1998 |
| 3 | Dubbele Papaver (Double Poppy), 1995 | Sculpture | $93,149 | Christie's | Mar 2026 |
| 4 | The Magnetic Space Ship, 1978 | Collage | $89,440 | Christie's | Nov 2019 |
| 5 | Zip Rouge (Red Zip), 1997 | Mixed media | $81,294 | Christie's | Mar 2026 |
| 6 | Panama (Aeromodeller) | Painted cellophane, metal, thread, painted wood and painted straw basket | $76,185 | Christie's | Nov 2015 |
| 7 | Ducks, 1967 | Painted plastic, asbestos, Obechi-wood, tin, wax and wire netting | $65,604 | Christie's | Jun 2005 |
| 8 | Aeromodeller, 1998 | Pewter | $55,125 | Christie's | Nov 2016 |
| 9 | Portable Air Transport, 1969 | Two combustion engines, four double resin and wood propellers, string and welded steel frame | $46,000 | Christie's | Jun 1998 |
| 10 | Olilly chair with pair of ottomans, 1968 | Chrome | $42,000 | Wright | Apr 2008 |


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

| Medium | Sales | Median |
|---|---|---|
| Sculpture | 20 | $15,835 |
| Works on paper | 20 | $13,120 |
| Other | 69 | $870 |
| Prints | 100 | $494 |

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

| Size | Sales | Median |
|---|---|---|
| Large (over 120 cm) | 22 | $11,031 |
| Small (under 50 cm) | 42 | $1,432 |
| Medium (50-120 cm) | 114 | $738 |

Data as of 2 November 2026 · Source: OpeningBid, 315 results from 30 houses · [How we compute these figures](https://www.openingbid.art/methodology/price-data)


Panamarenko is a Belgian artist with 399 auction lots recorded since 1998, median price $1,736. 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 Panamarenko is recorded as sold in 2026 for $12,490; whether the price includes the buyer's premium is not yet verified, according to OpeningBid's index of auction results.

**10 Panamarenko works are coming to auction** (as of 2026-11-02).

- [Panamarenko on OpeningBid](https://www.openingbid.art/artist/panamarenko?ref=kg:panamarenko) — follow free in the OpeningBid app for sale alerts.

## What is a Panamarenko work worth?

Across 314 sold lots tracked by OpeningBid, the median price of a Panamarenko work is $1,736.

The median Panamarenko print sells for $1,032 across 180 lots.

The median Panamarenko work on paper sells for $2,929 across 37 lots.

The median Panamarenko sculpture sells for $20,785 across 20 lots.

Medium (50–120 cm) Panamarenko prints typically sell for $327–$2,618 (the middle half of 121 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 |
|---|---|---|---|---|---|
| Prints & Editions | 222 | $1,032†‡ | $21,316 | 81.1% | 2026-07-10 |
| Paintings | 1 | $12,238 | $12,238 | — | 2018-04-23 |
| Works on Paper | 51 | $2,929†‡ | $42,354† | 72.5% | 2026-03-17 |
| Sculpture & Installation | 21 | $20,785† | $422,779 | 95.2% | 2026-01-21 |
| Photography | 5 | $607† | $985† | 80% | 2025-03-07 |
| Masterpieces (top of market) | 16 | $71,784† | $422,779 | — | 2026-03-06 |

† hammer price — buyer's premium not included.

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

Panamarenko's market splits by medium. Prints & Editions (222 lots) median $1,032 with 81.1% sell-through. Paintings (1 lots) median $12,238, record $12,238. A typical Panamarenko painting sells for around 12× the price of a typical print. At the top of the market (top 5% of sales, 16 lots) the median is $71,784.

## Price by size

### Prints & Editions

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| small (under 50 cm) | 19 | $334–$1,803†‡ | $901†‡ | $2,387 |
| medium (50–120 cm) | 121 | $327–$2,618†‡ | $1,032†‡ | $21,316 |
| large (over 120 cm) | 16 | $1,680–$8,942†‡ | $6,158†‡ | $11,751† |

† 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) | 16 | $1,566–$4,906†‡ | $2,929†‡ | $42,354† |
| medium (50–120 cm) | 13 | $706–$24,146† | $6,308† | $34,497 |

† hammer price — buyer's premium not included.

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

### Sculpture & Installation

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| small (under 50 cm) | 5 | $9,044–$56,447† | $13,479† | $67,382† |
| medium (50–120 cm) | 8 | $12,858–$24,146 | $16,293 | $46,000 |
| large (over 120 cm) | 6 | $33,259–$128,218 | $87,487 | $422,779 |

† 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 |
|---|---|---|
| Sculpture & Installation | 2005 | $422,779 |
| Sculpture & Installation | 1998 | $134,500 |
| Works on Paper | 2017 | $42,354† |
| Works on Paper | 2003 | $34,497 |
| Prints & Editions | 2021 | $21,316 |
| Prints & Editions | 2022 | $14,582 |
| Paintings | 2018 | $12,238 |
| Photography | 2018 | $985† |

† 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 Panamarenko worth?

Across 314 sold lots tracked by OpeningBid, the median price of a Panamarenko work is $1,736. The median Panamarenko print sells for $1,032 across 180 lots. The median Panamarenko work on paper sells for $2,929 across 37 lots. The median Panamarenko sculpture sells for $20,785 across 20 lots. Medium (50–120 cm) Panamarenko prints typically sell for $327–$2,618 (the middle half of 121 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 Panamarenko print?

Based on 180 sold lots tracked by OpeningBid, the median auction price of a Panamarenko print is $1,032. 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 Panamarenko's most expensive print?

The highest price recorded at auction for a Panamarenko print is $21,316.

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

Based on 37 sold lots tracked by OpeningBid, the median auction price of a Panamarenko work on paper is $2,929. 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 Panamarenko's most expensive work on paper?

The highest price recorded at auction for a Panamarenko work on paper is $42,354. That record lot sold for a hammer price of $42,354 (buyer's premium not included).

### What is the average price of a Panamarenko sculpture?

Based on 20 sold lots tracked by OpeningBid, the median auction price of a Panamarenko sculpture is $20,785. Some prices are hammer-only and exclude the buyer's premium.

### What is Panamarenko's most expensive sculpture?

The highest price recorded at auction for a Panamarenko sculpture is $422,779.

### What is the average price of a medium Panamarenko print?

Based on 121 sold lots, the median auction price of a medium Panamarenko print (medium (50–120 cm)) is $1,032, 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 Panamarenko print?

Based on 19 sold lots, the median auction price of a small Panamarenko print (small (under 50 cm)) is $901, 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 Panamarenko's auction record?

Panamarenko's auction record is $422,779, set in 2005.

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Data last updated 2026-11-02. OpeningBid tracks 15,390,829 auction lots from 577 auction houses, refreshed nightly.

Cite this page as: OpeningBid, “Panamarenko auction prices”, https://www.openingbid.art/artist/panamarenko (updated 2026-11-02).

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.