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

# S H Raza (b. 1922)

## What is S H Raza’s work worth? {#value}

As of 2 November 2026, OpeningBid has recorded 295 auction results for S H Raza at 3 houses since 2003. Over the last 24 months the median price was $44,529 including buyer’s premium (middle half $14,579–$120,757, n=43). The auction record is $1,499,995 for Untitled (acrylic on canvas) (2026, Saffronart). Source: OpeningBid, an independent auction-results database.

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

| # | Work | Medium | Price | House | Sold |
|---|---|---|---|---|---|
| 1 | Untitled (acrylic on canvas), 1989 | Acrylic on canvas | $1,499,995 | Saffronart | Sep 2026 |
| 2 | La Terre, 1986 | Acrylic on canvas | $1,355,938 | Saffronart | Sep 2014 |
| 3 | Village Otta Corse, 1958 | Oil on canvas | $1,249,996 | Saffronart | Sep 2026 |
| 4 | Bindu (Germination), 1991 | Acrylic on canvas | $1,004,158 | Saffronart | Jun 2025 |
| 5 | Haut De Cagnes, 1951 | Gouache on paper | $928,243 | Saffronart | Feb 2014 |
| 6 | Encountre, 1985 | Acrylic on canvas | $564,582 | Saffronart | Jun 2012 |
| 7 | Shyam, 1999 | Acrylic on canvas | $562,498 | Saffronart | Sep 2026 |
| 8 | Shanti, 2004 | Acrylic on canvas | $499,998 | Saffronart | Sep 2026 |
| 9 | Kundalini, 2015 | Acrylic on canvas | $474,998 | Saffronart | Sep 2026 |
| 10 | Untitled (oil on canvas), 1957 | Oil on canvas | $457,788 | Saffronart | Sep 2024 |


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

| Medium | Sales | Median |
|---|---|---|
| Paintings | 71 | $76,166 |
| Works on paper | 28 | $24,829 |
| Other | 17 | $9,600 |

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

| Size | Sales | Median |
|---|---|---|
| Large (over 120 cm) | 8 | $383,829 |
| Medium (50-120 cm) | 41 | $99,181 |
| Small (under 50 cm) | 49 | $26,640 |

Data as of 2 November 2026 · Source: OpeningBid, 295 results from 3 houses · [How we compute these figures](https://www.openingbid.art/methodology/price-data)


S H Raza is an Indian artist with 358 auction lots recorded since 2003, median price $20,830. Some sold prices are hammer-only and exclude the buyer's premium; they are marked on this page.

A work by S H Raza sold in 2026 for $106,504, according to OpeningBid's index of auction results.

## What is a S H Raza work worth?

Across 295 sold lots tracked by OpeningBid, the median price of a S H Raza work is $20,830.

The median S H Raza painting sells for $9,600 across 178 lots.

The median S H Raza work on paper sells for $27,830 across 29 lots.

The median S H Raza print sells for $20,119 across 3 lots.

Medium (50–120 cm) S H Raza paintings typically sell for $1,303–$131,362 (the middle half of 56 sold lots).

Small (under 50 cm) S H Raza paintings typically sell for $260–$30,862 (the middle half of 50 sold 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 |
|---|---|---|---|---|---|
| Prints & Editions | 3 | $20,119 | $38,915 | — | 2025-06-18 |
| Paintings | 178 | $9,600† | $1.5M | — | 2026-09-21 |
| Works on Paper | 29 | $27,830† | $161,202 | — | 2025-04-02 |
| Masterpieces (top of market) | 41 | $277,684† | $1.5M | — | 2026-09-21 |

† hammer price — buyer's premium not included.

S H Raza's market splits by medium. Prints & Editions (3 lots) median $20,119. Paintings (178 lots) median $9,600, record $1,499,995. At the top of the market (top 5% of sales, 41 lots) the median is $277,684.

## Price by size

### Paintings

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| small (under 50 cm) | 50 | $260–$30,862† | $6,400† | $106,504 |
| medium (50–120 cm) | 56 | $1,303–$131,362† | $23,018† | $1.5M |
| large (over 120 cm) | 9 | $93,928–$562,498† | $185,284† | $1.4M |

† hammer price — buyer's premium not included.

### Works on Paper

| Size | Sold lots | Typical range (p25–p75) | Median | Record |
|---|---|---|---|---|
| small (under 50 cm) | 12 | $15,829–$28,216† | $23,619† | $84,115 |
| medium (50–120 cm) | 9 | $29,482–$95,064† | $60,880† | $161,202 |

† 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 | 2026 | $1.5M |
| Paintings | 2014 | $1.4M |
| Works on Paper | 2017 | $161,202 |
| Works on Paper | 2021 | $99,181 |
| Prints & Editions | 2025 | $38,915 |
| Prints & Editions | 2023 | $1,322 |

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 S H Raza worth?

Across 295 sold lots tracked by OpeningBid, the median price of a S H Raza work is $20,830. The median S H Raza painting sells for $9,600 across 178 lots. The median S H Raza work on paper sells for $27,830 across 29 lots. The median S H Raza print sells for $20,119 across 3 lots. Medium (50–120 cm) S H Raza paintings typically sell for $1,303–$131,362 (the middle half of 56 sold lots). Small (under 50 cm) S H Raza paintings typically sell for $260–$30,862 (the middle half of 50 sold lots). Some prices are hammer-only and exclude the buyer's premium.

### What is the average price of a S H Raza painting?

Based on 178 sold lots tracked by OpeningBid, the median auction price of a S H Raza painting is $9,600. Some prices are hammer-only and exclude the buyer's premium.

### What is S H Raza's most expensive painting?

The highest price recorded at auction for a S H Raza painting is $1,499,995.

### What is the average price of a S H Raza work on paper?

Based on 29 sold lots tracked by OpeningBid, the median auction price of a S H Raza work on paper is $27,830. Some prices are hammer-only and exclude the buyer's premium.

### What is S H Raza's most expensive work on paper?

The highest price recorded at auction for a S H Raza work on paper is $161,202.

### What is the average price of a medium S H Raza painting?

Based on 56 sold lots, the median auction price of a medium S H Raza painting (medium (50–120 cm)) is $23,018, according to OpeningBid's index of auction results. Some prices are hammer-only and exclude the buyer's premium.

### What is the average price of a small S H Raza painting?

Based on 50 sold lots, the median auction price of a small S H Raza painting (small (under 50 cm)) is $6,400, according to OpeningBid's index of auction results. Some prices are hammer-only and exclude the buyer's premium.

### What is S H Raza's auction record?

S H Raza's auction record is $1,499,995, set in 2026.

---

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

Cite this page as: OpeningBid, “S H Raza auction prices”, https://www.openingbid.art/artist/s-h-raza (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.