PHILLIPS LATIN AMERICA SALE IN NEW YORK TOTALS $6,760,500 /£4,424,602 / €6,309,669
AUCTION RECORDS SET FOR THREE LIVING FEMALE ARTISTS: CARMEN HERRERA, OLGA DE AMARAL AND DORIS SALCEDO
NEW YORK – 18 NOVEMBER 2015 – Phillips Latin America sale totalled $6,760,500 / £4,424,602 / €6,309,669, selling 84% by value and 66% by lot.
“We are delighted with the results from our Latin America sale as it was our highest value sale ever – building on Philips’ reputation as the leading auction house for contemporary Latin American Art,” said Kaeli Deane, Head of Latin America. “We were also thrilled to set auction records for three living female artists: Carmen Herrera, Olga de Amaral and Doris Salcedo. The Latin American art market remains vital, and our international team did a terrific job putting together a sale with a rich collection of artists across many countries and price points.”
TOP TEN LOTS
21 Beatriz Milhazes, O Moderno $1,265,000, / £828,048 / €1,180,784
20 Doris Salcedo, Untitled $665,000 / £435,361 / €620,920
30 Wifredo Lam, Untitled $485,000 / £317,490 / €452,751
60 Olga de Amaral, Umbra 53 $449,000 / £293,924 / €419,145
10 Carmen Herrera, Basque $437,000 / £286,070 / €407,951
27 Mathias Goeritz, Mensaje $341,000 / £223,226 / €318,332
28 Joaquín Torres–García, Objectos con estructura interior, $233,000 / £152,494 / €217,360
19 Gabriel Orozco, Samurai Tree 4T $221,000 / £144,640 / €206,165
11 Hélio Oiticica, Metaesquema $185,000 / £121,054 / €172,558
26 Carlos Cruz-Diez, Physichromie No. 951 $173,000 / £113,201 / €161,365
AUCTION RECORDS
20 Doris Salcedo, Untitled $665,000 / £435,361 / €620,920
Olga de Amaral, Umbra 53 $449,000 / £293,924 / €419,145
10 Carmen Herrera, Basque $437,000 / £286,070 / €407,951
5 Rafael Lozano-Hemmer, Synaptic Caguamas, $118,750 / £77,686 / €110,702
8 Manuel Mendive, Ex-Votos, $87,500 / £57,242 / €81,570
73 Nelson Ramos, Desplazamiento, $43,750 / £28,621 / €40,797
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 and Geneva, 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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