There really isn’t a definitive price, that can be set as the exact amount you can expect to pay for a genuine PANArt Hang. Because with demand far exceeding supply, purchasing a PANArt Hang can prove to be very costly indeed.
If you’d bought a Hang drum back in the early days of its release you should have paid no more than around $400, for a first generation Hang. But following both the massive exposure of the Hang to a hungry global marketplace via the internet, and later developments and increased production costs in the development of later generation Hang’s, chances are, you’re never going to be able to purchase one for anywhere near that $400 mark again.
Should you be invited (having previously written to PANArt) to purchase a Hang directly from PANArt, it is believed that the current price (2012) direct from its makers (at time of writing) is 2400 Swiss Francs (around 2000Euro / $2600).
And should you go the secondhand route, the sky’s the limit. If by some miracle you were able to find a musician willing to sell their Hang and who chose to honour PANArt’s wish that a Hang should never be sold for more than its original purchase price, you could grab yourself a bargain (though it seems unlikely), and should you bid on one of the secondhand Hang drums that frequently appear for sale on eBay, you can expect to pay anything up to $10,000 for your Hang, with the average price being somewhere between $5000 - $7000.
[Update 2015] >> Hang Prices Continue to Rise <<
[Update 2016] - A list of prices at which Hang were sold directly by PANArt over the years, - from birth to retirement.