27 February 2019

Phillips’ New Now Auction Realizes $5.2 Million  

New York, 27 February 2019

Sale Total: $5,200,250 / £3,902,788/ €4,568,940

Lots Sold: 143 | Lots Offered: 168
Sold by Lot: 85% | Sold by Value: 93%

Sam Mansour, Phillips’ Head of New Now, New York, said, “The results from today’s sale confirm a vibrant middle market as we begin the 2019 season. Collectors demonstrated confidence in artists at all price points across a breadth of 20th and 21st century artistic movements. Strong prices were achieved for established artists like Frank Stella, Larry Poons, and Andy Warhol, as well as for mid-career artists, such as Mary Weatherford, whose Truxton led the auction after being sold to an online bidder; Jenny Holzer, whose Truisms: All things are delicately interconnected... realized $312,500; and Kehinde Wiley, whose Portrait of Garrett Gray  soared to $243,000 against a low estimate of $40,000. Emerging artists also received an enthusiastic response, with Nicolas Party’s Blakam’s stone (watermelon) realizing $30,000 and with 8:30pm by Louisa Gagliardi, a newcomer to the secondary market, more-than-doubling its low estimate. We were pleased to see continued strength for digital art, as paintings by Petra Cortright and Cory Arcangel performed quite well.  With the season now underway, we look forward to our upcoming auctions of 20th Century & Contemporary Art in London next week.”



 

TOP TEN LOTS

Lot

Description

Estimate

Price Achieved

41

Mary Weatherford, Truxtun, 2012

$250,000-350,000

$325,000

£243,913/€285,545

40

Jenny Holzer, Truisms: All things are delicately interconnected..., 1987

$250,000-350,000

$312,500

£234,531/€274,563

37

Kehinde Wiley, Portrait of Garrett Gray, 2017

$40,000-60,000

$243,750

£182,934/€214,159

97

Jonathan Meese, DER KÄMPFER de LARGE (Der Zeushagen von Troja de NEUTRAL), 2008

$30,000-40,000

$181,250

£136,028/€159,246

29

Cory Arcangel, Photoshop CS: 84 by 50 inches, 300 DPI, RGB, square pixels, default gradient "Spectrum", mousedown y=2000 x=1000, mouseup y=2000 x=14000; tool "Wand", select y=14000 x=8720, tolerance=40, contiguous= off; default gradient "Spectrum", mousedown y=24000 x=1, 2014

$100,000-150,000

$150,000

£112,575/€131,790

36

Kehinde Wiley, Untitled (The World Stage: Brazil), 2012

$120,000-180,000

$150,000

£112,575/€131,790

57

Larry Poons, Handmaiden, 2007

$25,000-35,000

$137,500

£103,194/€120,808

26

Sterling Ruby, Monument Stalagmite/Pink Plague, 2010

$60,000-80,000

$137,500

£103,194/€120,808

39

Andy Warhol, Rollover Mouse from the series Toy Paintings, 1983

$100,000-150,000

$137,500

£103,194/€120,808

58

Sam Gilliam, So They Can, 1966

$120,000-180,000

$125,000

£93,813/€120,808

 

NEW AUCTION RECORDS

Lot

Description

Estimate

Price Achieved

106

Silvia Bächli, Untitled, 2008

$3,000-5,000

$43,750

£32,834/€38,439

 

*previous record price: $19,048 set in 2016

 

 

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 buyer's premium and are reported net of applicable fees. 

 Phillips is not responsible for typographical errors or omissions.

 

 

PRESS CONTACT: Jaime Israni, Senior Public Relations Specialist              jisrani@phillips.com                   +1 212 940 1398