Press | Phillips

11 February 2014

UK CTA Combined Results Feb 2014

PHILLIPS FEBRUARY CONTEMPORARY ART AUCTIONS TOTAL £15 / $24.4 / €18 MILLION

EVENING SALE TOTALS £10.4 / $17 / €12.5 MILLION SELLING 86% BY VALUE AND 78% BY LOT


FOR IMMEDIATE RELEASE

London – 11 February 2014 – Phillips London February Contemporary Art Auctions totalled £15,002,500 / $24,454,075 / €18,003,000 selling 85% by value and 74% by lot. The Contemporary Art Evening Sale realised £10,433,250 / $17,006,198 / €12,519,900 selling 86% by value and 78% by lot. The Contemporary Art Day Sale totalled £4,569,250 / $7,447,878 / €5,483,100 selling 84% by value and 73% by lot.

Michael McGinnis, Chief Executive Officer, Phillips said of the Evening Sale, “We are pleased to have opened Contemporary Auction week with the strong result from tonight’s Evening Sale. The auction received global attention and we witnessed competitive bidding for the Wool, Richter and Pistoletto. We are delighted with the great prices achieved for work by young artists and thrilled to have set auction records for Nate Lowman, Mark Flood and Fredrik Vaerslev.”

“We are proud to have achieved excellent results for the younger group of artists presented in our Day Sale, particularly for David Ostrowski who we have introduced to auction for the first time. Our sale today included works from an international spectrum and we are very pleased with the record attained for Zhang Huan.” Henry Highley, Head of Day Sale.

Top Ten Evening Sale Lots:
15 GERHARD RICHTER Abstraktes Bild 776-1 (Abstract Painting) £1,930,500 / $3,146,715 / €2,316,600
8 CHRISTOPHER WOOL Untitled £1,314,500 / $2,142,635 / €1,577,400
14 ANDY WARHOL One Multicolored Marilyn (Reversal Series) £1,082,500 / $1,764,475 / €1,299,000
19 MICHELANGELO PISTOLETTO Uomo con gli stivali al telefono £614,500 / $1,001,635 / €737,400
29 DAMIEN HIRST Night Follows Day (Diptych) £578,500 / $942,955 / €694,200
6 NATE LOWMAN Untitled Marilyn #13 £530,500 / $864,715 / €636,600
25 BANKSY Happy Shopper £506,500 / $825,595 / €607,800
7 STERLING RUBY SP56 £494,500 / $806,035 / €593,400
13 RUDOLF STINGEL Untitled £470,500 / $766,915 / €564,600
11 YAYOI KUSAMA Infinity Nets OPQR £458,500 / $747,355 / €550,200

Evening Sale Auction Records:
6 NATE LOWMAN Untitled Marilyn #13 £530,500 / $864,715 / €636,600
35 MARK FLOOD Pink Summer Day £80,500 / $131,215 / €96,600
1 FREDRIK VAERSLEV Untitled (Frieze Garden Painting #02) £48,750 / $79,463 / €58,500

Top Ten Day Sale Lots:
202 ZHANG HUAN Family Tree £290,500 / $473,515 / €348,600
134 WIM DELVOYE Untitled (Koi) £182,500 / $297,475 / €219,000
143 MICHELANGELO PISTOLETTO Scrivania con Computers £158,500 / $258,355 / €190,200
129 CHRIS OFILI Pramnian Odyssey 2 £128,500 / $209,455 / €154,200
130 MARC QUINN The Selfish Gene £110,500 / $180,115 / €132,600
216 MARC QUINN Tropical Dawn £104,500 / $170,335 / €125,400
152 KEITH HARING Barking Dog and Spaceships £104,500 / $170,335 / €125,400
132 ROBERT LONGO Study of Tiger Head 4B £104,500 / $170,335 / €125,400
144 GEORGE CONDO Untitled (Miro) £98,500 / $160,555 / €118,200
160 AGOSTINO BONALUMI Bianco £98,500 / $160,555 / €118,200

Day Sale Auction Records:
202 ZHANG HUAN Family Tree £290,500 / $473,515 / €348,600
208 BARRY MCGEE 61 Framed Works £74,500 / $121,435 / €89,400
167 CORY ARCANGEL Photoshop CS... £32,500 / $52,975 / €39,000
180 COSIMA VON BONIN Marathon £22,500 / $36,675 / €27,000
254 VICTOR SYDORENKO Untitled (from Reflection into the unknown series) £20,000 / $32,600 / €24,000
250 RETNA Song £18,750 / $30,563 / €22,500
106 SAM FALLS Untitled (Val Verde, Blue) £16,250 / $26,488 / €19,500
196 ADAM PENDLETON System of Display... £15,000 / $24,450 / €18,000

PHILLIPS:
As the only international auction house to concentrate exclusively on contemporary culture, Phillips 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, the company 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 and in the United States. For more information, please visit: phillips.com.

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Contacts:

LONDON
Alex Godwin-Brown
Communications and Marketing Manager
agodwin-brown@phillips.com
+ 44 20 7318 403 6

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