Press | Phillips

21 November 2012

NY Latin America Nov Results

PHILLIPS de PURY & COMPANY ANNOUNCES SOLID RESULTS FOR THE LATIN AMERICA AUCTION TOTALING $ 3,230,250

WORLD RECORDS ACHIEVED FOR ANTONIO DIAS, LYGIA PAPE, WALTÉRCIO CALDAS, MIGUEL RIO BRANCO AND EDUARDO HOFFMANN


FOR IMMEDIATE RELEASE

New York – November 21, 2012 – Phillips de Pury & Company’s Latin America auction totaled $ 3,230,250, selling 76% by lot and 74% by value.

“The results of our highly curated sale are reflective of the art market's appetite for the complexity and richness of Latin American contemporary art. We are especially proud of the performance of works by Antionio Dias and Lygia Pape, which achieved world records. “Henry Allsopp, Worldwide Director, Latin America

Top Ten Lots:
10 ANTONIO DIAS, Free Continent: Natural Richnesses, 1968-1969, $434,500
8 FRANCIS ALŸS, Untitled (Installation of two works, in collaboration with Emilio Rivera), 1996, $314,500
14 JESÚS RAFAEL SOTO, Orinoco, 1983, $314,500
12 LYGIA PAPE, O olho do guará (No. 13), 1984, $266,500
15 HÉLIO OITICICA, Metaesquema 167, 1958, $242,500
11 LYGIA PAPE , Four elements from the Night and Day Book, 1963/1976, $206,500
9 CILDO MEIRELES, Inserções em circuitos ideológicos, 1970, $200,500
26 ANTONIO DIAS, The Prison,1968, $194,500
25 MIRA SCHENDEL, Notebook, 1971, $98,500
12A WALTÉRCIO CALDAS, Azul de Superfície, 2005, $98,500

Artist Records:
10 ANTONIO DIAS, Free Continent: Natural Richnesses, 1968-1969, $434,500
12 LYGIA PAPE, O olho do guará (No. 13), 1984, $266,500
12A WALTÉRCIO CALDAS, Azul de Superfície, 2005, $98,500
54 EDUARDO HOFFMANN, Untitled (No. 3424), 2012, $74,500
37 MIGUEL RIO BRANCO, Barocco, 1992, $52,500

PHILLIPS de PURY & COMPANY:
As the only international auction house to concentrate exclusively on contemporary culture, Phillips de Pury & Company has established a commanding position in the sale of Contemporary Art, Design, Photographs, Editions and Jewelry. Through the passionate dedication of its team of global specialists, Phillips de Pury & Company has garnered an unparalleled wealth of knowledge of emerging market trends. Phillips de Pury & Company conducts auctions in New York and London and has representative offices throughout Europe in Belgium, France, Germany, Italy, Portugal, Russia, Switzerland and Turkey and in the United States in Los Angeles and Chicago. For more information, please visit: phillipsdepury.com.

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Contacts:

NEW YORK
Tiana Webb Evans
Communications Director, New York
twebbevans@phillipsdepury.com
+ 1 212 940 1207

LONDON
Fiona McGovern
Communications and Marketing
fmcgovern@phillipsdepury.com
+ 44 20 7318 4010