SALE RESULTS
Highest Ever Result for a New Now Sale in London
London, 11 April 2018
Sale Total: £2,794,625 / $3,967,809 / €3,206,832
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Lots Sold: 195 | Lots Offered: 235
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Sold by Lot: 83% | Sold by Value: 91%
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Simon Tovey, Head of the New Now Sale in London, said: “Marking the highest ever result for a New Now sale in London and with strong sell-through rates of 91% by value and 83% by lot, this platform continues to attract widespread interest from our clients around the world. The sale was led by Antony Gormley’s State III, whose work was the recent focus of an exhibition in the Harbour Arts Sculpture Park in Hong Kong. Further top results were achieved for KAWS and Yinka Shonibare, as well as Jonas wood, Guy Yanai and Samara Scott. The broad selection of artists included in this sale platform continues to perform extremely well – reiterating the market demand for our New Now auction category.”
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Lot
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Description
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Estimate
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Price Achieved
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9
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Antony Gormley, State III, 2012
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£300,000 - 500,000
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£369,000
$523,906/€423,428
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5
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KAWS, Untitled, 2014
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£100,000 - 150,000
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£162,500
$230,718/€186,469
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8
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Yinka Shonibare MBE, Ballet God (Poseidon), 2015
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£80,000 - 120,000
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£100,000
$141,980/€114,750
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33
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A.R. Penck, Untitled, 2002
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£20,000 - 30,000
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£71,250
$101,161/€81,759
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12
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Antony Gormley, Exposure Maquette, 2007
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£30,000 - 50,000
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£68,750
$97,611/€78,891
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1
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Jonas Wood, Euphronios 5, 2007
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£20,000 - 30,000
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£60,000
$85,188/€68,850
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98
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Yan Pei-Ming, Mao. Chinese Vermilion #4, 2001
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£20,000 - 30,000
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£60,000
$85,188/€68,850
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27
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David Kim Whittaker, Portrait for Human Presence VII (The Displaced I), 2015
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£20,000 - 30,000
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£56,250
$79,864/€64,547
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43
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Philip Taaffe, Zone of the Straits, 1991
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£25,000 - 35,000
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£52,500
$74,540/€60,244
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28
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Cho Sung Hee, Blossom, 2016
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£20,000 - 30,000
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£47,500
$67,441/€54,506
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NEW AUCTION RECORDS
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Lot
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Description
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Estimate
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Price Achieved
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25
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Guy Yanai, End of Europe (Lisbon), 2015
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£5,000 - 7,000
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£10,000
$14,198/€11,475
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*previous record price: $12,500 set in 2016
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26
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David Shrigley, Untitled, 2012
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£5,000 - 7,000
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£9,375
$13,311/€10,758
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*previous record price: £4,750 set in 2012
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42
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Hugo McCloud, Untitled, 2014
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£10,000 - 15,000
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£27,500
$39,045/€31,556
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*previous record price: £21,250 set in 2016
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51
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Joe Reihsen, Hi or Something, 2014
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£2,000 - 4,000
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£14,375
$20,410/€16,495
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*previous record price: $20,000 set in 2015
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53
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Max Ruf, Drive, 2013
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£4,000 - 6,000
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£6,875
$9,761/€7,889
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*previous record price: £6,250 set in 2016
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85
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Ivan Morley, A True Tale, 2006
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£5,000 - 7,000
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£17,500
$24,847/€20,081
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*previous record price: £8,750 set in 2010
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170
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David Benjamin Sherry, Lemurian Morning Wood, 2011
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£5,000 - 7,000
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£9,375
$13,311/€10,758
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*previous record price: $12,500 set in 2014
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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 Jewellery, 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.
PRESS CONTACTS:
LONDON - Katie Carder, Head of Press, Europe kcarder@phillips.com +44 20 7901 7938
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