Download PDF PHILLIPS de PURY & COMPANY’S LONDON JUNE CONTEMPORARY ART AUCTIONS TOTAL £27,499,625/$42,624,419
CONTEMPORARY ART EVENING AUCTION SURPASSED PRE-SALE HIGH ESTIMATE AT £23,376,400/$36,233,420
CONTEMPORARY ART DAY AUCTION TOTALS £4,123,225/$6,390,999
FOR IMMEDIATE RELEASE
London - 29 June 2012 - Phillips de Pury & Company’s
Contemporary Art Evening auction totaled £23,376,400/$36,233,420, selling 98% by value and 86% by lot. The
Day auction totaled £4,123,225/$6,390,999 selling 61% by value 61% by lot. The June Contemporary Art auctions combined realised £27,499,625/$42,624,419 selling 90% by value and 64% by lot.
28 June - Phillips de Pury & Company’s Evening auction totaled over its high estimate; the only auction house to do so in the present season. The top lot of the auction was Jean-Michel Basquiat’s seminal painting
Irony of Negro Policeman selling for £8,161,250/$12,649,938, above its pre-sale estimate.
There was competitive bidding for
lot 8, the collaboration between Warhol and Basquiat, fittingly sold in the London Olympic year. A world record was achieved for this work at £6,761,250/$10,479,938 beating its previous record held by Phillips de Pury since May 2011.
"We are thrilled with tonight’s results which demonstrate that works of rarity and of high quality like Basquiat’s Irony of Negro Policeman, continue to attract strong bidding and excellent results. The Basquiat/Warhol collaboration realised a spectacular price and world record." Michael McGinnis, Senior Director and Worldwide Head, Contemporary Art.
"The day sale saw great results for some of today’s freshest artists as well as museum quality pieces like Robert Longo’s Black Revolver and Yayoi Kusama’s Heart." George O’ Dell, Head of Contemporary Art Day Sale.
CONTEMPORARY ART EVENING SALE TOP TEN LOTS
12
JEAN-MICHEL BASQUIAT, Irony of Negro Policeman, £8,161,250/$12,649,938
8
ANDY WARHOL & JEAN-MICHEL BASQUIAT, Olympics, £6,761,250/$10,479,938
19
ANDY WARHOL, Diamond dust shoes, £1,105,250/$1,713,138
11
ANDY WARHOL, Princess Diana, £993,250/$1,539,538
9
ANDY WARHOL, Gun, £802,850/$1,244,418
15
MIQUEL BARCELÓ, De Mars, £713,250/$1,105,538
13
RUDOLF STINGEL, Untitled, £668,450/$1,036,098
6
RICHARD PRINCE, Untitled (cowboys), £601,250/$931,938
10
GLENN BROWN, Kinder Transport, £481,250/$745,938
7
JOHN CHAMBERLAIN, Opera Chocolates, £421,250/$652,938
CONTEMPORARY ART EVENING SALE ARTIST WORLD RECORDS
8
ANDY WARHOL & JEAN-MICHEL BASQUIAT, Olympics, £6,761,250/$10,479,938
3
WADE GUYTON, U Sculpture (v.5), £193,250/$299,538 (For a sculpture)
CONTEMPORARY ART DAY SALE TOP TEN LOTS
140
ROBERT LONGO, Black Revolver, £169,250/$262,338
123
YAYOI KUSAMA, Heart, £130,850/$202,818
187
MARC QUINN, Latitudinal Distortion, £103,250/$160,038
145
YOSHIMOTO NARA, The Little Star Dweller, £103,250/$160,038
164
ED RUSCHA, Someone Home, £97,250/$150,738
189
GILBERT & GEORGE, Shag , £97,250/$150,738
169
YAN PEI-MING, Untitled, £85,250/$132,138
105
DAN COLEN, The Big Swirl, £79,250/$122,838
214
JAUME PLENSA, Heart of Tree, £73,250/$113,538
147
TAKASHI MURAKAMI, Superflat Monogram, £73,250/$113,538
CONTEMPORARY ART DAY SALE ARTIST WORLD RECORDS
101
MATIAS FALDBAKKEN, Untitled (Canvas #01), £46,850/$72,618
102
JOSH SMITH, Untitled (name), £55,250/$85,638
115
TOMAS SARACENO, SE 60 Flying Garden, £16,250/$25,188
116
ANDRO WEKUA, Black Sea Surfer, £34,850/$54,018
233
ED TEMPLETON, The Brutality of Belief, £11,875/$18,406
237
JUERGEN TELLER, Go-Sees, £15,000/$23,250
247
GIUSEPPE GABELLONE, Untitled, £11,250/$17,438
347
IGOR GUSEV, Club 27 "Amy", £12,500/$19,375
Images available on request
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 specialists, Phillips de Pury & Company has garnered an unparalleled wealth of knowledge of emerging market trends. For more information, please visit: phillipsdepury.com.
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