NY CTA May 2014 Combined Results

PHILLIPS NEW YORK SPRING CONTEMPORARY ART AUCTIONS TOTAL $145,574,250 / €106,300,415 / £86,585,527 
 
FOR IMMEDIATE RELEASE

New York – 16, May 2014 – Phillips’ New York May Contemporary Art Auctions totaled $145,574,250/ €106,300,415 / £86,585,527. The Contemporary Art Evening Sale realized $131,755,000/ €96,083,583/ £78,488,815 selling 91% by value and 83% by lot. The Contemporary Art Day Sale totaled $13,819,250/ €10,090,976/ £8,218,480 selling 79% by value and 71% by lot.

“We are thrilled with tonight’s results, the highest total for a Phillips evening sale. We enjoyed participation from bidders from not only North America and Europe, but Asia and South America. The audience response tonight was especially buoyant for the new generation of artists making inroads in this market. We look forward to an exceptional London sale in July.” – August Uribe and David Georgiades, Co-Worldwide Heads of Contemporary Art, Phillips.

“Today’s results reflect the high caliber of works offered in this sale, with records set for 15 artists including David Ostrowski, Jeff Elrod, Mark Flood and Catherine Opie. There was lively participation in the room and on the phone banks, which reflects the current desire for emerging and seasoned contemporary artists.” – Amanda Stoffel, Head of Contemporary Art Day Sale, Phillips

Top Ten Evening Sale Lots:
18 MARK ROTHKO, Untitled (Red, Blue, Orange), 1955, $56,165,000/ €40,961,135/ £33,463,107
9 JEAN-MICHEL BASQUIAT AND ANDY WARHOL, Zenith, 1985, $11,365,000/ €8,288,495/ £6,771,267
25 ANDY WARHOL, Flowers, 1964, $10,245,000/ €7,471,679/ £6,103,971
14 JEAN-MICHEL BASQUIAT, Untitled, 1981, $9,125,000/ €6,654,863/ £5,436,675
22 GERHARD RICHTER, Mädchen im Sessel (Lila), 1965-66, $8,005,000/ €5,838,047/ £4,769,379
8 JEFF KOONS, Popples, 1988, $4,645,000/ €3,387,599/ £2,767,491
24 ANDY WARHOL, Jackie, 1964, $3,077,000/ €2,244,056/ £1,833,277
30 JEAN-MICHEL BASQUIAT, Rodo, 1984, $3,021,000/ €2,203,215/ £1,799,912
26 ALEXANDER CALDER, Crag with white flower and white discs, 1974, $2,965,000/ €2,162,375/ £1,766,547
20 VIJA CELMINS, Night Sky #3, 1991, $2,405,000/ €1,753,967/ £1,432,899

Evening Sale Auction Records:
6 TAUBA AUERBACH, Untitled (Fold), 2011, $1,805,000/ €1,316,386/ £1,075,419
9 JEAN-MICHEL BASQUIAT AND ANDY WARHOL, Zenith, 1985, $11,365,000/ €8,288,495/ £6,771,267
44 DANA SCHUTZ, Reformers, 2004, $605,000/ €441,227/ £360,459

Top Ten Day Sale Lots
192, WAYNE THIEBAUD, Candy Sticks, 1962, $725,000/ €529,323/ £431,013
236, ED RUSCHA, Doric, 1996, $629,000/ €459,233/ £373,941
162, DAMIEN HIRST, Beautiful Ain't That a Kick in the Head Painting, 2008, $581000/ €424,188/ £345,405
305, DANA SCHUTZ, Face Eater, 2004, $509,000/ €371,621/ £302,601
189, JEAN-MICHEL BASQUIAT, Untitled (crown of thorns), 1982, $317,000/ €231,442/ £188,457
206, SAM FRANCIS, Untitled (SF92-116), 1992, $317,000/ €231,442/ £188,457
221, NICOLAS DE STAËL, Un tableau arraché, 1946, $293000/ €213,919/ £174,189
263, CATHERINE OPIE, Untitled #7 (Surfers), 2003, $293,000/ €213,919/ £174,189
101, DAVID OSTROWSKI, F (Between Two Ferns), 2012, $281,000/ €205,158/ £167,055
205, ALEX KATZ, Harbor #2, 1999, $281,000/ €205,158/ £167,055

Day Sale Auction Records:
101 DAVID OSTROWSKI, F (Between Two Ferns), 2012, $281,000/ €205,102/ £205,102
103 JEFF ELROD, Air/Sea, 2001, $209,000/ €152,549/ £152,549
107 ISRAEL LUND, Untitled, 2013, $100,000/ €72,990/ £72,990
110 IDA EKBLAD, To Drink A Glass Of Melted Snow, 2010, $32,500/ €23,722/ £23,722
111 KAARI UPSON, Untitled, 2011, $40,000/ €29,196/ £29,196
115 MARK FLOOD, Pleasure Island, 2009, $197,000/ €143,790/ £143,790
120 SAM MOYER, Bleach Bum, 2011, $56,250/ €41,057/ £41,057
154 NATHAN MABRY, A Very Touching Moment (Pitching a Tent), 2006, $18,750/ €13,686/ £13,686
178 KAWS, Night Time Office, 2010, $209,000/ €152,549/ £152,549
226 DAVID NOVROS, Untitled, 1973, $30,000/ €21,897/ £21,897
244 CHRIS MARTIN, Untitled, 2006, $18,750/ €13,686/ £13,686
245 DAN WALSH, Red Diptych II, 2005, $87,500/ €63,866/ £63,866
259 MITCH EPSTEIN, Chalmette Oil Refinery, New Orleans, Louisiana II (From the Series American Power), 2007, $43,750/ €31,933/ £31,933
263 CATHERINE OPIE, Untitled #7 (Surfers), 2003, $293,000/ €213,861/ £213,861
306 MASSIMO GIANNONI, New York Stock Exchange, 2002, $37,500/ €27,371/ £27,371

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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