What is a Thomas Demand photograph worth?
b. 1964 · Price guide from past auction results
Based on 79 priced auction sales, works by Thomas Demand have sold for a median of $15,000Sign up free to see. Half of them sold between $3,778Sign up free to see and $53,447Sign up free to see. For photographs alone, the median is $32,777Sign up free to see across 58 sales. In the last five years the median was $13,921Sign up free to see across 20 sales. These are past auction results, not a valuation: medium, size, condition and provenance all change what a particular work brings.
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Thomas Demand prices by medium
- Auction results
- 91
- Sold rate
- 87%
- Active at auction
- 2004–2026
- Median price
- $15kSign up free to see
- Record price
- $413kSign up free to see Yellowcake (Embassy I,II, III, IV, IV.a, V, VI, VII, VII.a), Phillips, May 2015
| Medium | Priced sales | Typical range | Median |
|---|---|---|---|
| Photographs | 58 | $9.8k–$62.6kSign up free to see | $32.8kSign up free to see |
| Prints | 17 | $1.8k–$5kSign up free to see | $3kSign up free to see |
| Works on Paper | 2 | $4.5k–$5.6kSign up free to see | $5kSign up free to see |
Top auction houses: Phillips (41), Lempertz (15), Grisebach (14)
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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.
Prices by size
| Size (longest side) | Priced sales | Typical range | Median |
|---|---|---|---|
| Small (under 30 cm) | 17 | $1.3k–$4.2kSign up free to see | $2.3kSign up free to see |
| Mid-size (30–75 cm) | 20 | $2.4k–$12.5kSign up free to see | $7.4kSign up free to see |
| Large (75–150 cm) | 14 | $15.4k–$54.6kSign up free to see | $33.4kSign up free to see |
| Very large (over 150 cm) | 27 | $34.7k–$115kSign up free to see | $74.1kSign up free to see |
Recent Thomas Demand sales
- Gate, C-Print, Diasec — $39,041Sign up free to see, Grisebach, Jun 5, 2026
- Bullion, C-print face-mounted to acrylic and mounted to acrylic — $17,780Sign up free to see, Rago Auctions, Feb 12, 2026
- Constellation (Paris Edition), digital color coupler print face-mounted to acrylic and mounted to Diabond — $20,320Sign up free to see, Rago Auctions, Dec 11, 2025
- Study (Waterlilies), inkjet print — $572Sign up free to see, Rago Auctions, Jun 27, 2025
- Detail XIV, chromogenic print, face-mounted and mounted — $13,921Sign up free to see, Phillips, Jun 26, 2025
- Parlament (Parliament), chromogenic print, face-mounted and mounted — $13,921Sign up free to see, Phillips, Jun 26, 2025
- Grube (Pit), artist made chromogenic print, face-mounted and mounted — $8,206Sign up free to see, Phillips, Apr 10, 2025
- Laboratory (Labor), c-print mounted on Diasec — $32,794Sign up free to see, Phillips, Mar 7, 2025
Questions about Thomas Demand prices
What is a Thomas Demand photograph worth?
Based on 79 priced auction sales recorded by ArtSell, works by Thomas Demand have sold for a median of $15,000, and half of them sold between $3,778 and $53,447. For photographs alone the median is $32,777 (58 sales). Medium, size, condition, subject and provenance all affect the price of a particular work; these are past auction results, not a valuation.
What is the most expensive work by Thomas Demand sold at auction?
The highest price in ArtSell’s records is $413,000 for “Yellowcake (Embassy I,II, III, IV, IV.a, V, VI, VII, VII.a)” at Phillips in May 2015.
Which Thomas Demand medium sells for the most?
By median price, photographs lead with $32,777 (58 sales).
How often do Thomas Demand works sell at auction?
87% of the 91 lots recorded between 2004 and 2026 sold.
How can I sell a Thomas Demand photograph?
Request a free auction estimate on ArtSell: send photos and details, and our specialists will reply with an estimate. There is no obligation.
ArtSell has recorded 91 auction results for Thomas Demand between 2004 and 2026, and 79 of them sold (87%).
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