S. H. Raza Gouaches: Value & Auction Prices

1922–2016

See what a S. H. Raza gouache is worth →

Of the 10 lots by S. H. Raza (gouaches) recorded at auction between 2011 and 2026, 9 found a buyer (90%). Across 9 sales with a published price, the typical result was $30kSign up free to see to $219kSign up free to see (median $73.9kSign up free to see). The auction record in our data is Untitled, sold at Pundole's in September 2026 for $521kSign up free to see. Most results come from Saffronart (7), PBA Auctions (Pierre Bergé & Associés) (1) and Beaussant Lefèvre & Associés (1).

₹50,000,000≈ $521,000≈ £394,100≈ €458,344Sign uprecord priceUntitledPundole's10auction results2011–2026years recorded90%sold$73.9kSign up free to seemedian price

S. H. Raza gouaches prices at a glance

Auction results
10 2011–2026
Price range
$20.5k–$521kSign up free to see
Median price
$73.9kSign up free to see 9 sold
Most recent sale
$521kSign up free to see Sep 2026, Pundole's
Record sale
$521kSign up free to see 2026, Pundole's

Recent sales: Untitled · Untitled (Red Road) · Untitled

Explore: All S. H. Raza results · What is S. H. Raza worth? · Saffronart · PBA Auctions (Pierre Bergé & Associés)

S. H. Raza gouaches: key figures

Auction results
10
Sold rate
90%
Active at auction
2011–2026
Median price
$73.9kSign up free to see
Record price
$521kSign up free to see Untitled, Pundole's, Sep 2026

Top auction houses: Saffronart (7), PBA Auctions (Pierre Bergé & Associés) (1), Beaussant Lefèvre & Associés (1)

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Typical range is the middle half of priced sales (USD at the sale-date rate). Past auction results, not a valuation.

Price chart & statistics for S. H. Raza →

All gouaches results

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  1. Untitled by S. H. Raza, 1959, Gouache on paper, sold Sep 2026
    Untitled, 1959
    Gouache · Paper
    74.7 x 46.8 cm
    Pundole's · · Lot 26
    ₹50,000,000≈ $521,000≈ £394,100≈ €458,344HammerSign up free to seeEst. ₹10,000,000–20,000,000View at Pundole's ↗
  2. Untitled (Red Road) by S. H. Raza, Gouache on paper, sold Jun 2023
    Untitled (Red Road)
    Gouache · Paper
    63.5 x 49 cm
    Saffronart · · Lot 9
    ₹7,800,000≈ $95,082≈ £75,104≈ €86,928Price realizedSign up free to seeEst. ₹3,500,000–4,500,000View at Saffronart ↗
  3. Untitled by S. H. Raza, Gouache on paper, sold Oct 2021
    Untitled
    Gouache · Paper
    24 x 28 cm
    Saffronart · · Lot 6
    ₹2,040,000≈ $27,071≈ £19,877≈ €23,414Price realizedSign up free to seeEst. ₹1,500,000–2,000,000View at Saffronart ↗
  4. Untitled by S. H. Raza, Gouache and ink on paper, sold Apr 2021
    Untitled
    Gouache · Paper
    34.8 x 44.4 cm
    Saffronart · · Lot 6
    ₹1,541,376≈ $20,516≈ £14,691≈ €17,024Price realizedSign up free to seeEst. ₹1,500,000–2,000,000View at Saffronart ↗
  5. Untitled (Venice) by S. H. Raza, 1952, Gouache on paper, sold Mar 2019
    Untitled (Venice), 1952
    Gouache · Paper
    52.6 x 43.8 cm
    Saffronart · · Lot 13
    $252,000≈ £192,190≈ €224,639Price realizedSign up free to seeEst. $150,000–200,000View at Saffronart ↗
  6. Le village by S. H. Raza, 1957, Gouache sur traits d'encre, sold Mar 2017
    Le village, 1957
    Gouache
    55 x 65 cm
    Beaussant Lefèvre & Associés · · Lot 151
    €70,000≈ $73,892≈ £60,726Price realizedSign up free to seeEst. €30,000–35,000View at Beaussant Lefèvre & Associés ↗
  7. Sans titre (L'Église) by S. H. Raza, 1958, Huile, gouache et encre sur papier, sold Dec 2013
    Sans titre (L'Église), 1958
    Gouache
    PBA Auctions (Pierre Bergé & Associés) · · Lot 32
    €25,000≈ $34,438≈ £20,992Price realizedSign up free to seeEst. €20,000–30,000View at PBA Auctions (Pierre Bergé & Associés) ↗
  8. Untitled by S. H. Raza, Gouache on paper, sold Dec 2012
    Untitled
    Gouache · Paper
    47 x 54.6 cm
    Saffronart · · Lot 7
    $30,012≈ £18,413≈ €22,562Price realizedSign up free to seeEst. $30,000–40,000View at Saffronart ↗
  9. Untitled by S. H. Raza, Gouache on paper, offered Sep 2011
    Untitled
    Gouache · Paper
    47 x 54.6 cm
    Saffronart · · Lot 31
    Unsold / did not meet reserveEst. $50,000–70,000View at Saffronart ↗
  10. Carcassonne by S. H. Raza, Gouache, oil crayon and ink on paper pasted on board, sold Jun 2011
    Carcassonne
    Gouache · Paper
    45.7 x 53.3 cm
    Saffronart · · Lot 27
    $218,500≈ £135,756≈ €155,097Price realizedSign up free to seeEst. $150,000–200,000View at Saffronart ↗

Questions about S. H. Raza gouaches

How much is a S. H. Raza gouache worth?

S. H. Raza gouaches in ArtSell’s records have sold for between $20,516 and $521,000, with a median of $73,892; half of the 9 priced sales were between $30,012 and $218,500. These are past auction results, not a valuation: size, medium, condition and provenance all change what a particular work brings.

What is the most expensive S. H. Raza gouache sold at auction?

The highest price recorded is $521,000 for “Untitled”, sold at Pundole's in September 2026.

How much do S. H. Raza gouaches sell for?

Over the whole record (2011–2026) the median is $73,892.

How often do S. H. Raza gouaches sell at auction?

90% of the 10 gouaches offered at auction in our records sold.

Where are S. H. Raza gouaches sold?

Most of the 10 recorded results come from Saffronart (7), PBA Auctions (Pierre Bergé & Associés) (1), Beaussant Lefèvre & Associés (1). Every result on this page links to its auction catalogue.

How can I sell a S. H. Raza gouache?

Send a few photos for a free auction estimate: a specialist reviews it and replies by email, with no obligation to sell.

More: What is a S. H. Raza worth? Full price guide · Sell a S. H. Raza

Other media by S. H. Raza

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