PHILLIPS’ 20TH CENTURY & CONTEMPORARY ART DAY SALE ACHIEVES HIGHEST TOTAL FOR A DAY SALE IN COMPANY HISTORY
AUCTION SETS 5 NEW AUCTION RECORDS
Sale Total: $18,600,500 / £14,370,337 / €16,761,049
New York, 17 May 2017
Lots Sold: 147 | Lots Offered: 184
Sold by Lot: 80% | Sold by Value: 85%
John McCord, Head of Phillips’ 20th Century & Contemporary Art Day Sale, said, “We’re delighted to kick off our week of 20th Century & Contemporary Art auctions with the highest Day Sale total in Phillips’ history. Today’s auction demonstrates strong demand among collectors for contemporary art as a number of artworks sold for significantly above their high estimates, including works by Jean-Michel Basquiat, Mark Bradford, Donald Judd, Yayoi Kusama, Louise Nevelson, Tony Cragg, Mark Grotjahn and Lucio Fontana. We also set new world records for Julia Wachtel, Anne Collier and Celeste Dupuy-Spencer as our international team did a spectacular job of assembling a thoughtful selection of art across a variety of styles and price points. We look forward to our Evening Sale of 20th Century & Contemporary Art tomorrow night.”
TOP TEN LOTS
|
Lot |
Description |
Estimate |
Price Achieved |
|
171 |
Jean-Michel Basquiat, Untitled, 1983 |
$600,000-800,000 |
$1,450,000 £1,119,110 /€ 1,305,290 |
|
167 |
Donald Judd, Untitled, 1991. |
$400,000-500,000 |
$790,000 £609,722 /€711,158 |
|
203 |
Yayoi Kusama, Meditation, 2008 |
$350,000 -450,000 |
$670,000 £517,106 /€603,134 |
|
151 |
Tony Cragg, Elliptical Column, 2012 |
$350,000 -450,000 |
$586,000 £ 452,275/€527,517 |
|
241 |
Louise Nevelson, Dawn's Landscape XLIV, 1976 |
$120,000-180,000 |
$514,000 £396,705 /€462,703 |
|
169 |
Lucio Fontana, Concetto spaziale, Attese, 1962 |
$250,000-350,000 |
$418,000 £322,612 /€376,284 |
|
170 |
James Rosenquist, Paramus, 1966 |
$350,000 -450,000 |
$394,000 £304,089 /€354,679 |
|
172 |
Jean-Michel Basquiat, Untitled, 1982 |
$400,000-600,000 |
$394,000 £304,089 /€354,679 |
|
173 |
Jean-Michel Basquiat, Untitled, 1982 |
$400,000-600,000 |
$394,000 £304,089 /€354,679 |
|
174 |
Jean-Michel Basquiat, Untitled, 1982 |
$400,000-600,000 |
$394,000 £304,089 /€354,679 |
NEW AUCTION RECORDS
|
Lot |
Description |
Estimate |
Price Achieved |
|
106 |
Julia Wachtel, Landscape No. 13 (backyard) (in 6 parts), 1990 |
$60,000-80,000 |
$68,750 £53,061 / €61,889 |
|
|
*previous record price: $9,152 set in 2008 |
||
|
107 |
Celeste Dupuy-Spencer, Ceviche and Peruvian Meat, 2011 |
$10,000-15,000 |
$23,750 £18,330/ €21,380 |
|
|
*artist’s first time at auction |
||
|
108 |
Derek Fordjour, Untitled (Girl with trophy), 2015 |
$8,000-12,000 |
$8,125 £6,271 / €7,314 |
|
|
*artist’s first time at auction |
||
|
260 |
Anne Collier, Studio Floor #1 (Marylin), 2009 |
$15,000-20,000 |
$30,000 £23,154/ €27,006 |
|
|
*previous record price: $27,500 set in 2010 |
||
|
272 |
Chie Fueki, Significant Moment, 2005 |
$10,000-15,000 |
$8,750 £6,753/ €7,877 |
|
|
*previous record price: $3,125 set in 2010 |
||
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 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 hammer price plus buyer’s premium.
PRESS CONTACTS:
Michael Sherman, Chief Communications Officer | msherman@phillips.com | +1 212 940 1384
Jaime Israni, Public Relations Specialist | jisrani@phillips.com | +1 212 940 1398
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