How Much Is The Son of Man Worth?
Last updated: February 6, 2026
Quick Facts
- Last Sale
- $5.4M (1998, Christie's New York)
- Methodology
- comparable analysis
We estimate René Magritte’s The Son of Man (1964, oil on canvas, 116 × 89 cm) at $100–150 million. The bracket is anchored by Magritte’s $121.16 million auction record set in 2024 and by strong results for closely related bowler‑hat compositions. Commissioned by Harry Torczyner and last sold publicly at Christie’s New York in 1998 for $5.392 million, the picture’s singular iconic status and scarcity support nine‑figure pricing.

Valuation Analysis
Estimate: $100–150 million. This valuation positions René Magritte’s The Son of Man (1964) squarely within the top echelon of Surrealist masterpieces and among the most valuable Magritte oils. The artist’s price ceiling was reset in November 2024 when L’empire des lumières (1954) achieved $121,160,000 at Christie’s New York, establishing a new record for both Magritte and the Surrealism category [1]. The Son of Man is the definitive, unique oil of Magritte’s most culturally ubiquitous self‑image and a work that has remained tightly held since its commission. It was acquired directly from the artist by Harry Torczyner, sold at Christie’s New York on November 19, 1998 for $5,392,500, and later exhibited at SFMOMA in 2018, where it was labeled “Private Collection” [4][5].
Comparables and market anchors: At the very top of Magritte’s market, Empire of Light oils now transact in the low‑nine figures, with the 2024 record setting today’s benchmark [1]. Within the bowler‑hat imagery specifically, Christie’s London sold L’ami intime (1958) for approximately $43.2 million in March 2024, underlining deep, global demand for the most desired Magritte protagonists and late‑1950s/early‑1960s oils [2]. Strong but less iconic mid‑1950s compositions like Le Banquet have traded around $18.1 million at Sotheby’s New York (May 2024) [3]. Taken together, these results frame a tiered market in which truly emblematic Magritte images carry a significant premium.
Rationale for the bracket: The Son of Man combines three drivers that justify a nine‑figure estimate: (i) image primacy—it is arguably Magritte’s most instantly recognized composition worldwide; (ii) scarcity—unlike the multi‑version Empire of Light series, there is no alternate oil of this specific image; and (iii) provenance/exhibition strength—commissioned by Magritte’s close confidant Harry Torczyner, sold publicly in 1998, and subsequently museum‑exhibited [4][5]. These attributes warrant a value corridor that brackets the 2024 record while allowing for market selectivity around the work’s late date (1964). On balance, the work’s singular cultural status and trophy‑level desirability support a $100–150 million range, with potential to test the category record under optimal sale conditions.
Positioning and execution factors: Realizing the high end of the range would be most likely in a marquee evening sale at a top house, with a global marketing campaign, third‑party guarantee, and unqualified condition report. Freshness to market, comprehensive literature/exhibition citations, and the work’s scale (116 × 89 cm) further align with top‑tier buyer preferences. While some connoisseurs prioritize Magritte’s 1920s–30s breakthroughs, the unique, self‑portrait character and pop‑cultural ubiquity of The Son of Man more than offset period bias in today’s Surrealism cycle—especially following the 2024 centenary spotlight and record‑setting momentum for the artist [1][2][3].
Key Valuation Factors
Art Historical Significance
High ImpactThe Son of Man is a defining image of 20th‑century art and the most widely recognized portrayal of Magritte’s bowler‑hatted alter ego. As a late self‑portrait that condenses central Surrealist preoccupations—masking, desire, and the instability of perception—it rivals Treachery of Images and The Lovers in cultural reach. Its inclusion in major exhibitions and near‑universal reproduction in scholarship, media, and popular culture gives the singular oil a brand recognition that transcends the traditional Surrealist collector base. This cross‑category resonance expands the buyer pool to trophy‑level collectors of Modern, Contemporary, and even Pop‑adjacent material, materially elevating competitive tension at auction or in private sale. The work’s art‑historical status, therefore, exerts a strong, positive influence on valuation.
Iconicity and Scarcity
High ImpactUnlike the multi‑version L’Empire des lumières, The Son of Man exists as a unique oil on canvas, which concentrates global demand into a single object. That scarcity effect is amplified by the motif’s singular fame: there are closely related bowler‑hat compositions, but none that substitutes for the apple‑obscured visage seen here. The result is a classic “trophy scarcity” dynamic—collectors who want the definitive Son of Man have one shot. In the current market, where masterpiece‑grade Surrealist works consistently attract guarantees and global bidding, this combination of uniqueness and icon status justifies a nine‑figure bracket and supports the potential to approach or exceed the artist’s record if timing, promotion, and condition are optimal.
Provenance, Literature, and Exhibitions
High ImpactCommissioned directly in August 1964 by Magritte’s close friend and champion Harry Torczyner and sold publicly at Christie’s New York on November 19, 1998, the work benefits from transparent, exemplary provenance. Its subsequent appearance in major museum programming—most notably SFMOMA’s René Magritte: The Fifth Season (2018)—adds institutional endorsement and confirms ongoing curatorial interest. Christie’s published catalogue materials document the commission context and self‑portrait status, strengthening scholarly anchoring. Together, these attributes reduce transactional risk, facilitate third‑party underwriting, and enable full‑throttle evening‑sale marketing. In valuation terms, they compress downside scenarios and support the upper band of the range when paired with pristine condition and comprehensive catalogue raisonné confirmation.
Market Context and Timing
Medium ImpactMagritte’s market has unprecedented momentum: in November 2024, an Empire of Light set the artist and Surrealism auction record at $121.16 million, and a top bowler‑hat composition, L’ami intime, fetched about $43.2 million in March 2024. These results, achieved amidst a selective but stable high‑end market, underscore a flight‑to‑quality dynamic favoring canonical images with museum‑level profiles. The 2024 centenary of Surrealism concentrated institutional and media attention, broadening the buyer base and sharpening demand for best‑in‑class works. That said, broader market caution typically rewards conservative estimates and strong guarantees. In this context, a $100–150 million bracket for The Son of Man is both ambitious and credible, with the upper band contingent on optimal timing, venue, and marketing execution.
Sale History
Christie's New York
The Collection of Harry Torczyner; commissioned from the artist in 1964; price realized includes buyer’s premium; buyer private.
Rene Magritte's Market
René Magritte is a pillar of Surrealism with deep, global collector demand and robust institutional endorsement. His auction prices have escalated sharply, culminating in a $121,160,000 record for L’empire des lumières at Christie’s New York in November 2024, the highest price ever achieved for a Surrealist work at auction. Multiple major oils have traded in the $20–50 million range over the last decade, with best‑in‑class images—especially Empire of Light and signature bowler‑hat compositions—commanding premiums. Demand is supported by an international buyer base spanning Modern and Contemporary collectors, and by steady museum programming. In this tier, fresh‑to‑market provenance, pristine condition, and marketing strategy (including third‑party guarantees) are decisive in pushing outcomes to the top of the estimate range.
Comparable Sales
L’ami intime
René Magritte
Same artist; classic bowler‑hat figure in a major 1950s oil—closest subject‑matter analogue to The Son of Man and strong period adjacency.
$43.2M
2024, Christie's London
~$44.4M adjusted
L’empire des lumières (1954)
René Magritte
Same artist; absolute trophy from Magritte’s most coveted series. Different motif, but sets the current ceiling for top-tier Magritte oils.
$121.2M
2024, Christie's New York
~$124.6M adjusted
L’Empire des lumières (1961)
René Magritte
Same artist; landmark image from the hallmark series. Calibrates the high‑eight/low‑nine‑figure range for iconic Magritte oils.
$78.4M
2022, Sotheby's London
~$86.9M adjusted
Le Banquet (circa 1955–57)
René Magritte
Same artist; important mid‑50s oil with a signature motif. Not a bowler‑hat composition, but a prime, highly collected theme showing depth of demand.
$18.1M
2024, Sotheby's New York
~$18.7M adjusted
Le mois des vendanges (1959)
René Magritte
Same artist; late‑1950s oil providing a lower‑bound benchmark for non‑iconic compositions in the period proximate to The Son of Man.
$13.8M
2021, Christie's London
~$16.5M adjusted
Current Market Trends
Surrealism remains one of the most resilient categories at the high end, benefitting from a 2024 centenary spotlight, global museum programming, and a widening collector base. Recent seasons show a flight‑to‑quality dynamic: canonical, instantly legible images with strong provenance outperform, while middling material is estimate‑sensitive. Record prices for Magritte and major results for peers and Surrealist‑adjacent artists underscore category depth. Auction houses have leaned on guarantees and single‑owner sales to marshal demand, with London and New York providing the strongest platforms. In this environment, masterpiece‑grade works—particularly unique icons—are well positioned to achieve aggressive estimates and, with optimal timing and presentation, to challenge category records.
Sources
- Christie’s Press Release: 20th Century Evening Sale—Magritte record $121,160,000
- Barron’s: A $43.1 Million Magritte Leads Christie’s London Evening Sales
- Sotheby’s: New York Sales May 2024 Highlights (Le Banquet $18.144m)
- Christie’s Lot Page: René Magritte, Le fils de l’homme (The Son of Man), 1964—sold Nov 19, 1998
- SFMOMA: René Magritte—The Fifth Season (2018)