25 November 2019
Phillips’ November Sales of 20th Century & Contemporary Art & Design Achieve HK$271 Million / US$34.8 Million
The Highest Ever Total for a 20th Century & Contemporary Art & Design Auction Series Staged by Phillips in Asia
8 New Artist Auction Records Set
MADSAKI, Genieve Figgis, Bernard Frize, Stanley Whitney, Natee Utarit,
Daniel Arsham, Felipe Pantone, and Joyce Pensato
Jonathan Crockett, Head of 20th Century & Contemporary Art and Deputy Chairman, Asia, and Isaure de Viel Castel, Head of 20th Century & Contemporary Art, Hong Kong, said: “At HK$ 271 million, our November sales in Hong Kong mark the highest ever total for a 20th Century & Contemporary Art & Design auction series for Phillips in Asia. The Evening Sale saw a 100% increase from the previous year, in addition to the 29% increase in our Day Sale. Honouring our commitment to offering the most sought-after Asian and Western artists, we were delighted to set multiple world records, including the top two prices for Genieve Figgis, and records for MADSAKI, Bernard Frize, Stanley Whitney, Natee Utarit, Joyce Pensato, Felipe Pantone and Daniel Arsham. Phillips is renowned for including newer artists in our auctions and we were particularly excited to make the Asian auction debut for six Western artists, whose works all ignited a bidding frenzy, including Helen Frankenthaler, Lynn Chadwick, Pat Steir, Joyce Pensato, André Butzer, and Jonathan Lyndon Chase. The season was led by Zao Wou-Ki’s 29.05-31.10.68, followed closely by Jean-Michel Basquiat’s Thermopolae, demonstrating our ability to sell both Asian and Western Modern and Contemporary artworks to our escalating client base in Asia. And Phillips continues to lead the market in introducing the very best of 20th Century Design to Asia. Iconic Danish and American Design saw a 100% sell-through rate yet again this season.”
Phillips’ 20th Century & Contemporary Art Evening Sale Realises HK$205 Million
Marking a 100% Increase from the Previous Year
Evening Sale Total: HK$205,650,000 / US$26,282,070
Hong Kong, 24 November 2019
NEW AUCTION RECORDS
Phillips’ 20th Century & Contemporary Art & Design Day Sale Realises HK$66 Million
Marking the Highest Total for a Day Sale in Asia in Company History
Works Offered to Benefit Hong Kong Contemporary Art (HOCA) Foundation 100% Sold
Design Works Achieved a 100% Sell-Through Rate Yet Again
Sale Total: HK$ 66,150,625 / US$ 8,454,049
Hong Kong, 25 November 2019
NEW AUCTION RECORDS
Please click here for images of the Top Ten lots and new auction records from both the Evening and Day sales, along with saleroom photographs.
Permission for the use of any image is granted by the holder of the intellectual property rights for timely reporting and auction review purposes only. The underlying intellectual property rights in any property depicted remain the property of the rights holder. Phillips does not make any representations with respect to or accept any responsibility for any third party uses.
Image courtesy of 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 20th Century and Contemporary 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. In addition to providing selling and buying opportunities through auction, Phillips brokers private sales and offers assistance with appraisals, valuations, and other financial services.
Visit www.phillips.com for further information.
*Estimates do not include buyer’s premium. Prices Achieved include the buyer's premium and are reported net of applicable fees.
Phillips is not responsible for typographical errors or omissions.
HONG KONG – Ingrid Hsu, Public Relations Director, Asia Ingridhsu@phillips.com +852 2318 2043
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