Press | Phillips

27 April 2016

Phillips' Auction of Modern Masters Achieves £4,860,82

MODERN MASTERS
London, 27 April 2016

Sale Total: £4,860,825/ $7,089,027 / €6,272,920

Design Auctions Continue Tomorrow, 28 April at 7pm with ‘Time for Design’ a Benefit Auction for the Design Museum

Lots Sold:31 | Lots Offered: 42
Sold by Lot:74% | Sold by Value: 88%


Alexander Payne, Worldwide Head of Design, said, “'This evening’s auction showed a healthy market for 20th Century and Contemporary Design, with strong results largely driven by determined bidding from private collectors. This sale included a particularly diverse and impressive offering of rare and historically important works, including the Eileen Gray screen, the rediscovered Marcel Coard sofa, the da Silva Bruhns carpet from the Manik Bagh Palace, and the bench by Gio Ponti from the Palazzo Contini Bonaccorsi, all of which attracted bidding that reflected their importance. We now look forward to tomorrow’s Day sale, and also to hosting tomorrow evening’s ‘Time for Design’, a benefit auction for the new Design Museum.”


TOP TEN LOTS

Lot

Description

Estimate

Price Achieved

9

Eileen Gray, Important folding 'Brick' screen, circa 1925

World Record Price for an Eileen Gray Screen at Auction

1,200,000 - 1,800,000

£1,482,500/$2,162,078 /

€1,913,174

15

Marcel Coard, Important Canapé Gondole, circa 1925

World Record Price for the Artist at Auction

200,000 - 300,000

£974,500/$1,421,211 /

€1,257,597

12

Ivan da Silva Bruhns, Unique and important carpet, designed for the Maharaja of Indore's bedroom, Manik Bagh

(Garden of Rubies) Palace, Indore, circa 1930

World Record Price for the Artist at Auction

400,000 - 500,000

£434,500/$633,675/

€560,725

34

Joris Laarman, Important 'Bone' chair, 2006

World Record Price for the Artist at Auction

200,000 - 300,000

£344,500/$502,419/

€444,579

19

Gio Ponti, Rare bench, designed for the Antica Quadreria, Contini Bonacossi Palace, Florence, 1930

35,000 - 45,000

£158,500/$231,156/

€204,545

28

Pierre Jeanneret, Illuminated reading table, model no. PJ-TAT-10-B, designed for the Assembly and the University

Library, Chandigarh, 1963-1964

100,000 - 150,000

£122,500/$178,654/

€158,087

18

Diego Giacometti, 'Feuilles' table, circa 1968

70,000 - 90,000

£110,500/$161,153/

€142,601

13

Jean-Michel Frank, Table lamp, circa 1927

30,000 - 40,000

£100,900/$147,153/

€130,212

26

Charlotte Perriand, 'Tunisie' bookcase, designed for the student rooms of La Maison de la Tunisie, Cité Internationale

Universitaire de Paris, 1952

70,000 - 90,000

£98,500/$143,652/

€127,115

39

Finn Juhl, Unique and important extendable dining table, model no. FJ

44, designed for the 'Copenhagen Cabinetmakers' Guild'

exhibition, 1944

100,000 150,000

£98,500/$143,652/

€127,115

 

NEW AUCTION RECORDS

Lot

Description

Estimate

Price Achieved

12

 

Ivan da Silva Bruhns, Unique and important carpet, designed for the Maharaja of Indore's bedroom, Manik Bagh

(Garden of Rubies) Palace, Indore, circa 1930

 

*previous record price: $437,00 set in 2014

400,000 - 500,000

£434,500/$633,675/

€560,725

15

 

Marcel Coard, Important Canapé Gondole, circa 1925

 

*previous record price:$445,500 set in 2014

200,000 - 300,000

£974,500/$1,421,211 /

€1,257,597

21

 

Giuseppe Terragni, Bedroom, designed for Casa Stecchini, Como, designed 1936-1937

 

*previous record price:$7,440 set in 2014

50,000 - 70,000

£62,500/$91,150 /

€80,657

34

 

Joris Laarman, Important 'Bone' chair, 2006

 

*previous record price:$33,750set in 2009

200,000 - 300,000

£344,500/$502,419/

€444,579

 

 



ABOUT PHILLIPS:
Phillips is a leading global platform for buying and selling 20th and 21st century art and design. With dedicated expertise in the areas of Art, Design, Photographs, Editions, Watches, and Jewelry, Phillips offers professional services and advice on all aspects of collecting. Auctions and exhibitions are held at salerooms in New York, London, Geneva, and Hong Kong, while clients are further served through representative offices based throughout Europe, the United States and Asia. Phillips also offers an online auction platform accessible anywhere in the world.

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

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