Andy Warhol Work Sells for $196,200 But Delivers a 15% Negative Return

Andy Warhol Work Sells for $196,200 But Delivers a 15% Negative Return

3 min read  ·  30 Mar 2026

Clockwork Panda Drummer. Image courtesy of Sotheby's Hong Kong

Clockwork Panda Drummer. Image courtesy of Sotheby's Hong Kong

Andy Warhol, Clockwork Panda Drummer (1983), sold for $196,200 (HKD1.54m), more than the low estimate at Sotheby's Hong Kong in Hong Kong on March 30.

The sale was below the previous auction result by $35,900, realizing a 15% negative return. It last sold at auction in 1996 for $232,100 at Tajan.

Acrylic and silkscreen ink on canvas, 35.7 x 28.0cm. The work has been traded 3 times in the past.

Sale Date
Price
Price Increase
Venue
City
March 30, 2026
$196,200
-15 %
Sotheby's Hong Kong
Hong Kong
October 07, 1996
$232,100
-
Tajan
Paris

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