Press | Phillips

29 May 2014

NY Latin May 2014 Results

PHILLIPS NEW YORK SPRING LATIN AMERICA SALE TOTALS $5,673,375 /€4,198,298 /£3,404,025

IMPORTANT RESULTS ACHIEVED FOR LYGIA CLARK, GABRIEL OROZCO, LYGIA PAPE, AND SERGIO CAMARGO, AMONG OTHERS

FOR IMMEDIATE RELEASE
New York – 29, May 2014 – Phillips’ Latin America auction produces strong results totaling $5,673,375 /€4,198,298 /£3,404,025 selling 79% by value and 70% by lot.

"We are thrilled that Phillips closed out the week with the top lot of the season, Lygia Clark's Bicho invertebrado sem fim and that we achieved a new world auction record for Lygia Pape."—Laura González, Director of Latin American Art, Phillips.

Top Ten Lots:
14 LYGIA CLARK, Bicho parafuso sem fim, 1960, $1,685,000/ €1,246,900/ ₤1,011,000
11 SERGIO CAMARGO, Relief Rayonant No. 2/21, 1964, $581,000/ €429,940/ ₤348,600
15 LYGIA CLARK, Unidade I, 1958, $461,000/ €341,140/ ₤276,600
13 LYGIA PAPE, Twelve Elements from The Night and Day Book (Book of Light), 1963, $461,000/ €341,140/ ₤276,600
9  GABRIEL OROZCO, Secuencia de tréboles (Clover Sequence), 2005, $425,000/ €314,500/ ₤255,000
18 CARLOS CRUZ-DIEZ, Physichromie No. 651, 1973, $281,000/ €207,940/ ₤168,600
26 RUFINO TAMAYO, Untitled, 1973, $125,000/ €92,500/ ₤75,000
16 HÉLIO OITICICA, Metaesquema, 1957, $125,000/ €92,500/ ₤75,000
29 DIEGO RIVERA, Turkey Market, 1935, $106,250/ €78,625/ ₤63,750
24 OS GÊMEOS, Untitled, 2009, $97,500/ €72,150/ ₤58,500

Auction Records:
2 ABRAHAM CRUZVILLEGAS, Volador, 1995, $37,500/ €27,750/ ₤22,500
13 LYGIA PAPE, Twelve Elements from The Night and Day Book (Book of Light), 1963, $461,000/ €34,1140/ ₤276,600
42 ALEJANDRO PUENTE, Untitled, 1968, $400,00/ €29,600/ ₤24,000
81 DOUGLAS PEREZ CASTRO, Evidencia, 2005, $3,750/ €2,775/ ₤2,250
86 SEGUNDO PLANES, Changó llen con el cielo en la mano, 1994, $9,375/ €6,938/ ₤5,625
101 ANTONIO CARO, Colombia, 1977, $10,000/ €7,400/ ₤6,000

– END –

Contacts:

NEW YORK
Trish Walsh
Marketing Manager
twalsh@phillips.com
+1 212 940 1224

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

Page Hallock
Press and Events Assistant
phallock@phillips.com
+ 44 20 7318 4085