In the 12th century, Nepalese artisans made a 93cm gilt-copper Manjushri statue; after Geneva, New York and Asian collections, it sold for about Rs 166 crore in 2026, setting a Himalayan gilt-bronze auction record

In a landmark event for Himalayan art collectors and historians alike, a 12th-century gilt-copper statue of Manjushri, crafted by Nepalese artisans, recently exchanged hands for approximately ₹166 crore. This sale, finalized in 2026, has established a new benchmark for the highest price achieved by a Himalayan gilt-bronze sculpture at auction.

Originating from the Kathmandu Valley, the statue exemplifies the refined craftsmanship of Newar artists who thrived during the medieval period. Measuring 93 centimeters in height, the sculpture's intricate detailing and lustrous finish are testaments to the advanced metallurgical and artistic skills prevalent in 12th-century Nepal.

The statue's provenance traces a fascinating passage through various esteemed collections across the globe. Before reaching its current owner, it was part of significant assemblages in Geneva and New York, and was also housed in prestigious Asian collections. Each transition not only underscores the piece’s artistic and cultural value but also highlights its appeal to an international audience captivated by Himalayan art traditions.

This transaction, reported by timesofindia.indiatimes.com, reflects growing global recognition of Newar artisans' contributions to Buddhist iconography and Himalayan art history. The Manjushri figure, a bodhisattva symbolizing wisdom in Mahayana Buddhism, holds profound spiritual significance, which adds to the sculpture's allure both as a religious artifact and an artistic masterpiece.

The auction result underlines a burgeoning market for South Asian antiquities, especially those originating from Nepal's rich cultural heritage. Collectors and institutions are increasingly investing in historically significant pieces that offer insight into the region's artistic evolution and religious practices.

While specific details about the buyer and the exact auction venue remain undisclosed, the sale price has been publicly acknowledged, marking a milestone for Himalayan gilt-bronze art. The sale surpasses previous records and sets a new precedent for the valuation of Nepalese medieval sculptures in the international art market.

Experts emphasize that such high-profile sales invigorate interest in conserving and studying Himalayan art forms. They also raise awareness about the need for rigorous provenance research and ethical acquisition practices to preserve cultural heritage.

Although the comprehensive history of this Manjushri statue prior to its appearances in Geneva, New York, and Asian collections is not fully documented, its survival and esteemed status underscore its importance. The piece serves as a tangible link to Nepal's artistic legacy during the 12th century, offering scholars and enthusiasts a rare glimpse into the period's religious and artistic milieu.

This remarkable sale is poised to inspire further scholarly inquiry and public appreciation for Himalayan gilt-bronze artworks. It also highlights the enduring appeal of Newar craftsmanship, which continues to resonate centuries after its creation.

As the art world takes note of this historic auction, the 12th-century Manjushri statue stands as a symbol of Nepal's rich cultural heritage and the timeless allure of its sacred art forms. Further research and exhibition opportunities may follow, potentially broadening understanding of the Kathmandu Valley’s artistic achievements and their lasting global impact.