Press | Phillips

07 March 2014

NY CTA Design UTI Mar 2014

PHILLIPS MID-SEASON CONTEMPORARY ART AUCTIONS TOTAL $12,957,438/€9,338,633/£7,749,895

CONTEMPORARY ART & DESIGN EVENING SALE ACHIEVES STELLAR RESULTS SELLING 98% BY VALUE AND 94% BY LOT

WORLD RECORD SET FOR KEN PRICE


FOR IMMEDIATE RELEASE

New York – 7 March 2014 – Phillips’s mid-season auctions total $12,957,438 / €9,338,633 / £7,749,895 selling 92% by value and 82% by lot.

"Phillips is very pleased with the results of our Contemporary Art & Design and Under the Influence auctions. The full auction room and the international attention received are testaments to the increasing strength of the art market. We were especially pleased with the active bidding on works by Rudolf Stingel, Ken Price, Sterling Ruby and Oscar Murillo in the Evening Sale along with standout artists, Jim Dine, Mark Flood and Matthew Barney in today’s auction." Michael McGinnis, Chief Executive Officer, Phillips.

The Contemporary Art & Design Evening Sale totaled $8,495,000/€6,127,953/£5,076,646 selling at an exceptional 98% by value and 94% by lot. The Under the Influence Sale realized a total of $4,462,438/€3,216,150/£2,669,002 selling 86% by value and 70% by lot.

Contemporary Art & Design Evening Sale Top Ten Lots:

12 ANDY WARHOL, Marilyn Monroe, 1967, $1,805,000/€1,302,055/£1,078,675
10 RUDOLF STINGEL, Untitled, 1996-9, $989,000/€713,425/£591,030
13 KEN PRICE, Pink Egg, 1964, $509,000/€367,172/£304,180
04 RUDOLF STINGEL, Untitled (Traminer Alter), 2009, $461,000/€332,547/£275,495
11 ALLEN JONES, Refrigerator, 2002, $425,000/€306,578/£253,982
09 NATE LOWMAN, Mint, 2005, $413,000/€297,922/£246,810
33 OSCAR MURILLO, Untitled (Chicken and Chips), 2011, $317,000/€228,671/£189,440
20 STERLING RUBY, Alabaster SR10-2, 2010, $293,000/€211,385/£175,135
17 RICHARD PRINCE, My boyfriend married a girl, 1995 $293,000/€211,385/£175,135
06 CADY NOLAND, Untitled, 1989, $269,000/€194,091/£160,780

Contemporary Art & Design Evening Sale Auction Record:
13 KEN PRICE, Pink Egg, 1964, $509,000/€367,172/£304,180

Under the Influence Top Ten Lots:
178 JIM DINE, Yellow Rushing Toward Me, 2002, $269,000/€194,112/£160,674
134 MARK GROTJAHN, Untitled (Butterfly), 2003, $137,000/€98,860/£81,830
115 MARK FLOOD, Fog Machine, 2002, $131,000/€94,530/£78,246
147 MATTHEW BARNEY, Cremaster 5: Her Giant, 1997, $118,750/€85,691/£70,929
294 DANIEL RICHTER, Scharnier, von gestern zu morgen, $106,250/€76,576/£63,548
148 NEO RAUCH, Untitled, 1994, $106,250/€76,671/£63,463
138 YAYOI KUSAMA, Nets, 1997, $87,500/€63,140/£52,264
243 PETER HALLEY, Lock, 1999, $81,250/€58,630/£48,531
106 HUGH SCOTT-DOUGLAS, Untitled 032, 2011, $81,250/€58,630/£48,531
151 KEHINDE WILEY, Passing/ Posing (The Reluctant Messiah), 2002, $81,250/€58,630/£48,531

PHILLIPS:
Phillips has established a commanding position in the sale of Photographs, Contemporary Art, Design, Editions and Jewelry. Through the passionate dedication of its team of global specialists, Phillips has garnered an unparalleled wealth of knowledge of emerging market trends. Phillips 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. For more information, please visit: phillips.com.

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Contacts:

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

LONDON
Alex Godwin-Brown
Communications and Marketing Manager
agodwin-brown@phillips.com
+ 44 20 7318 4036