New York, 8 May 2016
Sale Total: $46,576,000 / £32,137,440/ €40,986,880
Lots Sold: 34 | Lots Offered: 37
Sold by Lot: 92% | Sold by Value: 91%
“We’re delighted with the results from our 20th Century & Contemporary Art auction,” said Jean-Paul Engelen, Worldwide Head of Contemporary Art. “We had very active bidding for a number of lots and achieved strong results for Brice Marden, Mark Bradford, Jean Dubuffet and Leon Kossoff. We also saw new world records for Takeo Yamaguchi and Günther Förg. The contemporary market remains vibrant, and our international team did a great job assembling a thoughtful, curated collection across multiple categories and price points.”
TOP TEN LOTS
|
Lot |
Description |
Estimate |
Price Achieved |
|
17 |
Brice Marden, Star (For Patti Smith), 1972-1974 |
$5,000,000 - 7,000,000 |
$5,989,000 £4,132,410/€5,270,320 |
|
25 |
Jeff Koons, Naked , 1988 |
$5,000,000 - 7,000,000 |
$5,765,000 £3,977,850/€5,073,200 |
|
7 |
Mark Bradford, Building “The Big White Whale”, 2012 |
$3,000,000 - 5,000,000 |
$3,525,000 £2,432,250/€3,102,000 |
|
5 |
Jean Dubuffet, Barbe des rites, 1959 |
$1,500,000-2,500,000 |
$3,077,000 £2,123,130/€2,707,760 |
|
8 |
Mark Bradford, Mixed Signals, 2009 |
$1,000,000 - 1,500,000 |
$2,965,000 £2,045,850/€2,609,200 |
|
26 |
Rudolf Stingel, Untitled, 1989 |
$1,500,000-2,500,000 |
$2,965,000 £2,045,850/€2,609,200 |
|
19 |
Marlene Dumas, Night Nurse, 1999-2000 |
$2,000,000-3,000,000 |
$2,517,000 £1,736,730/€2,214,960 |
|
24 |
Yayoi Kusama, INFINITY-NETS (QRTWE), 2007 |
$2,000,000-3,000,000 |
$2,045,000 £1,411,050/€1,799,600 |
|
6 |
Louise Bourgeois, Untitled (The Wedges), 1950/1991 |
$1,200,000 - 1,800,000 |
$1,925,000 £1,328,250/€1,694,000 |
|
16 |
On Kawara, Four Decades (OCT.13, 1970 / MAY 7, 1980 / NOV.22, ... 1970, 1980, 1990, 2000 |
$1,500,000-2,500,000 |
$1,565,000 £1,079,850/€1,377,200 |
NEW AUCTION RECORDS
|
Lot |
Description |
Estimate |
Price Achieved |
|
14 |
Günther Förg, Untitled, 1994 |
$800,000 - 1,200,000 |
$815,000 £562,350/€717,200 |
|
|
*previous record price: $785,979 set in 2015 |
||
|
34 |
Takeo Yamaguchi, Work, 1953 |
$ 350,000 - 550,000 |
$509,000 £351,210/€447,920 |
|
|
*previous record price: $443,188 set in 2011 |
||
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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