06 October 2017

SALE RESULTS

Phillips’ Evening Sale of 20th Century & Contemporary Art Realises £23.9 million, a 34% Increase on October 2016, Bringing the Auction Total for the Week to £28,791,375


New Auction Record of £1,809,000 Set for Hurvin Anderson

London, 6 October 2017


Sale Total: £23,924,000 / $31,579,680 / €26,794,880

Lots Sold: 34 | Lots Offered: 36 Sold by Lot: 94% | Sold by Value: 96%

Dina Amin, Head of 20th Century & Contemporary Art, Europe:
“We are delighted with tonight’s sale of 20th Century & Contemporary Art, which is up 34% from the same period last year. We are especially pleased that Hurvin Anderson’s Peter’s Series: Back set a new auction record of £1.8 million for the 2017 Turner Prize nominee. The results demonstrate continued strength in the market and strong demand among global collectors as we had participation from bidders from over 25 countries. We experienced very active bidding for fresh-to-market works by German artists including Sigmar Polke, Albert Oehlen and Wolfgang Tillmans, as well as paintings by Jean-Michel Basquiat, Cecily Brown, Adrian Ghenie, Paolo Scheggi. There is great momentum at Phillips as collectors continue to respond to our vision of orchestrating thoughtful, well-curated sales. We look forward to our auctions in New York in November, which will include additional works from the esteemed collection of Anne Marie and Julian J. Aberbach.”

*Lots 31 and 32 were sold immediately after the auction.


TOP TEN LOTS
Lot             

Description

Estimate

Price Achieved

10

Sigmar Polke, Tänzerin, 1994

£2,500,000 - 3,500,000

£3,369,000

$4,447,080 /€3,773,280

21

Andy Warhol, Knives,  1982

£2,000,000 - 3,000,000

£2,649,000

$3,496,680 /€2,966,880

8

Adrian Ghenie, The Collector 4, 2009

£1,000,000 - 1,500,000

£2,049,000

$2,704,680 /€2,294,880

6

Hurvin Anderson, Peter's Series: Back, 2008

£600,000 - 900,000

£1,809,000

$2,387,880/€2,026,080

24

Andreas Gursky, Los Angeles, 1998 - 1999

£1,400,000 - 1,800,000

£1,689,000

$2,229,480/€1,891,680

23

Jean-Michel Basquiat, Untitled, circa 1984

£600,000 - 900,000

£1,569,000

$2,071,080/€1,757,280

7

Cecily Brown, Park, 2004

£400,000 - 600,000

£849,000

$1,120,680/€950,880

20

Ai Weiwei, Map of China, 2009

£800,000 - 1,200,000

£789,000

$1,041,480/€883,680

27

Damien Hirst, Sad Steps - Life Fulfilled, 2006

£600,000 - 800,000

£729,000

$962,280/€816,480

25

Damien Hirst, Cyclohexane, 1995

£600,000 - 800,000

£729,000

$962,280/€816,480


NEW AUCTION RECORDS

Lot

Description

Estimate

Price Achieved

6

Hurvin Anderson, Peter's Series: Back, 2008

£600,000 - 900,000

£1,809,000

$2,387,880/€2,026,080

 

*previous record price: £1,314,500 set in 2008



Phillips’ Day Sale of 20th Century & Contemporary Art Realises £4,867,375

London, 5 October 2017

Sale Total: £4,867,375/ $6,424,935 / €5,451,460

Lots Sold: 127 | Lots Offered: 179 Sold by Lot: 71% | Sold by Value: 77%

TOP TEN LOTS

Lot

Description

Estimate

Price Achieved

105

Adrian Ghenie, Burning Books, 2014

£250,000 - 350,000

£ 321,000

$423,720 /€359,520

129

Yue Minjun, Hometown, 2005

£220,000 - 320,000

£ 321,000

$423,720/€359,520

132

Manolo Valdés, Perfil con Fondo Azul, 1994

£80,000  - 120,000

£237,000

$312,840 /€265,440

120

Peter Doig, Untitled, 1991

£150,000 - 200,000

£187,500

$247,500 /€210,000

141

Marisa Merz, Untitled, 1986

£30,000 - 50,000

£ 162,500

$214,500/€182,000

152

A.R. Penck, Belagerung und Einnahme von Beirut I, 1982

£70,000 - 90,000

£156,250

$206,250 /€175,000

133

Manolo Valdés, Retrato de una Joven de la Nobleza, 1992

£80,000 - 120,000

£143,750

$189,750/€161,000

151

A.R. Penck, Untitled, 1982

£100,000 - 150,000

£125,000

$165,000/€140,000

154

Sigmar Polke, Untitled, 1999

£100,000 - 150,000

£125,000

$165,000 /€140,000

198

Peter Halley, In the Game, 2007

£45,000 - 65,000

£115,000

$151,800 /€128,800



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:
LONDON - Katie Carder, Press Manager, EMEA kcarder@phillips.com +44 20 7901 7938
NEW YORK - Michael Sherman, Chief Communications Officer msherman@phillips.com +1 212 940 1384

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