Thomas Demand Photographs: Auction Prices

German · b. 1964

ArtSell has recorded 68 auction results for Thomas Demand photographs between 2004 and 2026, of which 58 sold (85% sell-through). Prices realised range from $380 to $413,000, with a median of $32,777 across 58 priced sales (USD at the sale-date rate). The highest recorded price is $413,000 for “Yellowcake (Embassy I,II, III, IV, IV.a, V, VI, VII, VII.a)” at Phillips in 2015.

Record: Yellowcake (Embassy I,II, III, IV, IV.a, V, VI, VII, VII.a) — $413,000Sign up free to see

Price chart & statistics for Thomas Demand →

All photographs results

1. 
   Gate, 2004

   Photograph

   180 × 238 cm

   Grisebach · Jun 5, 2026 · Lot 723
   €33,540≈ $39,041≈ £28,990Price realizedSign up free to seeEst. €18,000–24,000View at Grisebach ↗
2. 
   Bullion, 2003

   Photograph

   17⅜ h x 22½ w x ¾ d in (44 x 57 x 2 cm)

   Rago Auctions · Feb 12, 2026 · Lot 112
   $17,780≈ £13,044≈ €14,974Price realizedSign up free to seeEst. $20,000–View at Rago Auctions ↗
3. 
   Constellation (Paris Edition), 2000

   Photograph

   51¼ h x 70⅞ w in (130 x 180 cm)

   Rago Auctions · Dec 11, 2025 · Lot 117
   $20,320≈ £15,180≈ €17,347Price realizedSign up free to seeEst. $15,000–View at Rago Auctions ↗
4. 
   Study (Waterlilies), 2020

   Photograph

   7¾ h x 10 w in (20 x 25 cm)

   Rago Auctions · Jun 27, 2025 · Lot 135
   $572≈ £417≈ €489Price realizedSign up free to seeEst. $400–View at Rago Auctions ↗
5. 
   Detail XIV, 2007

   Photograph · ed. 3/6

   90 x 94 cm (35 3/8 x 37 in.)

   Phillips · Jun 26, 2025 · Lot 130
   £10,160≈ $13,921≈ €11,904Price realizedSign up free to seeEst. £8,000–12,000View at Phillips ↗
6. 
   Parlament (Parliament), 2009

   Photograph · ed. 3/6

   180.2 x 223.1 cm (70 7/8 x 87 7/8 in.)

   Phillips · Jun 26, 2025 · Lot 129
   £10,160≈ $13,921≈ €11,904Price realizedSign up free to seeEst. £12,000–18,000View at Phillips ↗
7. 
   Zaun (Fence), 2004

   Photograph · ed. 2/6

   180 x 230 cm (70 7/8 x 90 1/2 in.)

   Phillips · Apr 10, 2025 · Lot 141
   Unsold / did not meet reserveEst. £8,000–12,000View at Phillips ↗
8. 
   Grube (Pit), 1999

   Photograph · ed. 1/6

   228.6 x 167 cm (90 x 65 3/4 in.)

   Phillips · Apr 10, 2025 · Lot 140
   £6,350≈ $8,206≈ €7,405Price realizedSign up free to seeEst. £10,000–15,000View at Phillips ↗
9. 
   Laboratory (Labor), 2000

   Photograph · ed. 2/6

   180 x 268 cm (70 7/8 x 105 1/2 in.)

   Phillips · Mar 7, 2025 · Lot 178
   £25,400≈ $32,794≈ €30,205Price realizedSign up free to seeEst. £10,000–15,000View at Phillips ↗
10. 
    Daily #8, 2009

    Photograph

    62 x 65cm

    Van Ham · Aug 30, 2023 · Lot 139
    €13,200≈ $14,370≈ £11,341Price realizedSign up free to seeEst. €7,000–View at Van Ham ↗
11. 
    Daily #02, 2008

    Photograph

    86 x 67,5cm

    Van Ham · Aug 30, 2023 · Lot 140
    €11,880≈ $12,933≈ £10,207Price realizedSign up free to seeEst. €7,000–View at Van Ham ↗
12. 
    Fotoecke/Photobooth, 2009

    Photograph · Other support · ed. AP

    179.5 x 197.7 cm

    Lempertz · Jun 6, 2023 · Lot 73
    Unsold / did not meet reserveEst. €30,000–40,000View at Lempertz ↗
13. 
    Fabrik (ohne namen), 1994

    Photograph

    49¾ h x 71 w in (126 x 180 cm)

    Rago Auctions · Mar 15, 2023 · Lot 143
    $32,760≈ £27,092≈ €31,055Price realizedSign up free to seeEst. $20,000–View at Rago Auctions ↗
14. 
    Ruine / Ruin, 2017

    Photograph · ed. 1/6

    182.9 x 299.7 cm (72 x 117 7/8 in.)

    Phillips · Mar 3, 2023 · Lot 268
    £30,480≈ $36,546≈ €34,428Price realizedSign up free to seeEst. £30,000–50,000View at Phillips ↗
15. 
    Kreuzung, 2004

    Photograph · Paper

    12⅛ h x 14 w in (31 x 36 cm)

    Rago Auctions · Feb 24, 2022 · Lot 370
    $2,500≈ £1,869≈ €2,240Price realizedSign up free to seeEst. $2,500–View at Rago Auctions ↗
16. 
    Refuge V, 2021

    Photograph

    90 × 70 cm

    Grisebach · Dec 3, 2021 · Lot 782
    €27,500≈ $31,050≈ £23,388Price realizedSign up free to seeEst. €32,000–40,000View at Grisebach ↗
17. 
    Detail V (Salon), 2000

    Photograph

    30 h x 36¼ w in (76 x 92 cm)

    Rago Auctions · Nov 10, 2021 · Lot 155
    $15,000≈ £11,102≈ €12,978Price realizedSign up free to seeEst. $15,000–View at Rago Auctions ↗
18. 
    Glass (Glas), I + II, 2002

    Photograph · ed. 5/6

    Each 28 1/4 x 19 3/8 in. (71.8 x 49.2 cm)

    Phillips · Oct 7, 2021 · Lot 253
    Unsold / did not meet reserveEst. $12,000–18,000View at Phillips ↗
19. 
    Falzmaschine, 1993

    Photograph

    111 x 141 cm (43.7 x 55.5 in)

    Ketterer Kunst · Jun 19, 2021 · Lot 587
    €30,000≈ $35,694≈ £25,735Price realizedSign up free to seeEst. €25,000–View at Ketterer Kunst ↗
20. 
    LUKE / HATCH, 2000

    Photograph

    150 × 206 cm

    Grisebach · Jun 11, 2021 · Lot 752
    €20,000≈ $24,250≈ £17,141Price realizedSign up free to seeEst. €12,000–15,000View at Grisebach ↗
21. 
    Ballot, 2018

    Photograph

    9¾ h x 7½ w in (25 x 19 cm)

    Wright · Apr 22, 2021 · Lot 441
    $1,250≈ £901≈ €1,038Price realizedSign up free to seeEst. $700–View at Wright ↗
22. 
    Fabrik (mit Namen), 1994

    Photograph · ed. 5/5

    49 5/8 x 70 7/8 in. (126 x 180 cm)

    Phillips · Dec 8, 2020 · Lot 509
    $42,840≈ £32,232≈ €35,364Price realizedSign up free to seeEst. $20,000–30,000View at Phillips ↗
23. 
    Campingtisch, 1999

    Photograph

    85 × 58 cm

    Grisebach · Dec 4, 2020 · Lot 700
    €21,250≈ $25,838≈ £19,185Price realizedSign up free to seeEst. €15,000–20,000View at Grisebach ↗
24. 
    Luke (Hatch), 2000

    Photograph · ed. 6/6

    59 x 81 in. (149.9 x 205.7 cm)

    Phillips · Jul 13, 2020 · Lot 172
    $15,000≈ £11,909≈ €13,240Price realizedSign up free to seeEst. $15,000–20,000View at Phillips ↗
25. 
    Landing, 2006

    Photograph · ed. 6/6

    70 7/8 x 112 5/8 in. (180 x 286.1 cm.)

    Phillips · Nov 13, 2019 · Lot 443
    Unsold / did not meet reserveEst. $60,000–80,000View at Phillips ↗
26. 
    Five Drafts (Simulator), 2004

    Photograph · Paper · ed. BAT

    all I. 24 x 24 cm (9 1/2 x 9 1/2 in.) all S. 28 x 28 cm (11 x 11 in.)

    Phillips · Jun 6, 2019 · Lot 34
    £1,000≈ $1,272≈ €1,129Price realizedSign up free to seeEst. £1,000–1,500View at Phillips ↗
27. 
    Junior Suite, 2012

    Photograph · ed. 4/6

    55 1/8 x 45 3/8 in. (140 x 115.3 cm.)

    Phillips · May 15, 2019 · Lot 434
    $62,500≈ £48,521≈ €55,888Price realizedSign up free to seeEst. $40,000–60,000View at Phillips ↗
28. 
    Bullion, 2003

    Photograph

    11 h x 11 w in (28 x 28 cm)

    Lempertz · Jun 2, 2018 · Lot 884
    €2,976≈ $3,473≈ £2,609Price realizedSign up free to seeEst. €3,000–4,000View at Lempertz ↗
29. 
    Foto, 2000

    Photograph

    6.7 x 7.1 cm

    Lempertz · Jun 1, 2018 · Lot 228
    €682≈ $796≈ £598Price realizedSign up free to seeEst. €600–800View at Lempertz ↗
30. 
    Sandalen, 1994 - 1995

    Photograph · ed. 2/3

    52.5 x 50 cm (20 5/8 x 19 5/8 in.)

    Phillips · Apr 11, 2018 · Lot 177
    £7,500≈ $10,632≈ €8,585Price realizedSign up free to seeEst. £5,000–7,000View at Phillips ↗
31. 
    Glass (Glas), I + II, 2002

    Photograph · ed. 5/6

    Each 28 1/4 x 19 3/8 in. (71.8 x 49.2 cm)

    Phillips · Apr 9, 2018 · Lot 202
    Unsold / did not meet reserveEst. $25,000–35,000View at Phillips ↗
32. 
    Fenster, 1998

    Photograph · ed. 3/6

    182.8 x 286 cm (71 7/8 x 112 5/8 in.)

    Phillips · Oct 5, 2017 · Lot 179
    £56,250≈ $74,087≈ €63,096Price realizedSign up free to seeEst. £50,000–70,000View at Phillips ↗
33. 
    Badezimmer (Beau Rivage), 1997

    Photograph

    160 x 123cm

    Van Ham · May 31, 2017 · Lot 407
    €109,650≈ $123,038≈ £95,794Price realizedSign up free to seeEst. €60,000–View at Van Ham ↗
34. 
    Bücher WITHDRAWN, 1990

    Photograph

    10.7 x 9 cm

    Lempertz · Dec 3, 2016 · Lot 570
    Unsold / did not meet reserveEst. €8,000–10,000View at Lempertz ↗
35. 
    Fabrik, 1994

    Photograph

    47 x 71 in. (119.4 x 180.3 cm.)

    Phillips · Nov 17, 2016 · Lot 216
    Unsold / did not meet reserveEst. $40,000–60,000View at Phillips ↗
36. 
    Poll, 2001

    Photograph · ed. 1/6

    71 x 102 1/4 in. (180.3 x 259.7 cm.)

    Phillips · Nov 17, 2016 · Lot 133
    $137,500≈ £110,406≈ €128,301Price realizedSign up free to seeEst. $80,000–120,000View at Phillips ↗
37. 
    Abgang/ Exit, 2000

    Photograph · ed. 5/6

    61 1/4 x 98 1/2 in. (155.6 x 250.2 cm)

    Phillips · Oct 5, 2016 · Lot 244
    $50,000≈ £39,317≈ €44,599Price realizedSign up free to seeEst. $70,000–90,000View at Phillips ↗
38. 
    Vault, 2012

    Photograph · ed. 1/6

    220 x 277 cm (86 5/8 x 109 in.)

    Phillips · Feb 10, 2016 · Lot 233
    £62,500≈ $90,981≈ €80,822Price realizedSign up free to seeEst. £60,000–80,000View at Phillips ↗
39. 
    Detail VIII (Copyshop), 1999

    Photograph

    97 × 107,2 cm

    Grisebach · Nov 27, 2015 · Lot 1039
    €37,500≈ $39,675≈ £26,359Price realizedSign up free to seeEst. €30,000–40,000View at Grisebach ↗
40. 
    Three Garages, 1995

    Photograph

    108 x 224.8 cm (42 1/2 x 88 1/2 in.)

    Phillips · Oct 15, 2015 · Lot 127
    £62,500≈ $96,650≈ €84,492Price realizedSign up free to seeEst. £50,000–70,000View at Phillips ↗
41. 
    Heldenorgel, 2009

    Photograph · ed. 6/6

    94 1/2 x 149 1/2 in. (240 x 379.7 cm)

    Phillips · Sep 17, 2015 · Lot 54
    $100,000≈ £64,412≈ €88,402Price realizedSign up free to seeEst. $80,000–120,000View at Phillips ↗
42. 
    Vault, 2012

    Photograph · ed. 1/6

    220 x 277 cm (86 5/8 x 109 in.)

    Phillips · Jun 29, 2015 · Lot 46
    £104,500≈ $164,201≈ €147,490Price realizedSign up free to seeEst. £60,000–80,000View at Phillips ↗
43. 
    Junior Suite, 2012

    Photograph · ed. 6/6

    140 x 115 cm

    Lempertz · May 30, 2015 · Lot 560
    €57,040≈ $62,573≈ £41,013Price realizedSign up free to seeEst. €50,000–70,000View at Lempertz ↗
44. 
    Laboratory (Labor), 2000

    Photograph · ed. 3/6

    71 x 105 1/2 in. (180.3 x 268 cm)

    Phillips · May 15, 2015 · Lot 157
    $161,000≈ £102,489≈ €142,126Price realizedSign up free to seeEst. $80,000–120,000View at Phillips ↗
45. 
    Yellowcake (Embassy I,II, III, IV, IV.a, V, VI, VII, VII.a), 2007

    Photograph · ed. 4/6

    Embassy I: 66 x 80 in. (167.6 x 203.2 cm) Embassy II: 89 3/4 x 126 in. (228 x 320 cm) Embassy III: 29 x 35 1/2 in. (73.7 x 90.2 cm) Embassy IV: 78 x 78 in. (198.1 x 198.1 cm) Embassy IVa: 34 1/2 x 39 1/2 in. (87.6 x 100.3 cm) Embassy V: 88 x 64 1/2 in. (223.5 x 163.8 cm) Embassy VI: 71 x 91 in. (180.3 x 231.1 cm) Embassy VII: 71 x 99 in. (180.3 x 251.5 cm) Embassy VIIa: 20 x 21 in. (50.8 x 53.3 cm)

    Phillips · May 15, 2015 · Lot 142
    $413,000≈ £262,907≈ €364,583Price realizedSign up free to seeEst. $250,000–350,000View at Phillips ↗
46. 
    Five Drafts (Simulator), 2004

    Photograph · Paper · ed. 41/60

    39.5 x 39 cm (15 1/2 x 15 3/8 in.)

    Phillips · Jan 22, 2015 · Lot 220
    £250≈ $380≈ €327Price realizedSign up free to seeEst. £1,500–2,000View at Phillips ↗
47. 
    Bierdeckel, 1994/1995

    Photograph · Board · ed. 1/3

    30 x 30 cm (52 x 50 cm)

    Lempertz · Nov 29, 2014 · Lot 815
    €7,440≈ $9,287≈ £5,917Price realizedSign up free to seeEst. €7,000–9,000View at Lempertz ↗
48. 
    Hecke (Hedge), 1996

    Photograph · ed. 5/5

    39 3/8 x 55 7/8 in. (100 x 141.9 cm)

    Phillips · Nov 14, 2014 · Lot 231
    $37,500≈ £23,954≈ €30,154Price realizedSign up free to seeEst. $20,000–30,000View at Phillips ↗
49. 
    Shed, 2006

    Photograph · ed. 4/6

    200 x 177 cm (78 3/4 x 69 5/8 in.)

    Phillips · Oct 16, 2014 · Lot 212
    £31,250≈ $49,988≈ €39,209Price realizedSign up free to seeEst. £25,000–35,000View at Phillips ↗
50. 
    Neun Lampen (Nine Lamps), 1992

    Photograph · ed. 1/5

    Image 31 3/4 x 61 1/2 in. (80.6 x 156.2 cm) Overall 37 1/2 x 67 in. (95.3 x 170.2 cm)

    Phillips · Oct 1, 2014 · Lot 285
    Unsold / did not meet reserveEst. $40,000–60,000View at Phillips ↗

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