20th Century & Contemporary Art Day Sale
New York, 10 May 2016
Sale Total: $10,506,375 / £7,249,399 / €9,245,610
COMBINED TOTAL FOR EVENING & DAY SALES: $57,082,375 / £39,386,839 / €50,232,490
Lots Sold: 151 | Lots Offered: 197
Sold by Lot: 77% | Sold by Value: 83%
John McCord, Head of Day Sale, said, “We are delighted with the results from the Day Sale of 20th Century & Contemporary Art. There was spirited bidding in the room and online for works by blue-chip masters, including John Baldessari, Yayoi Kusama, John McCracken, Richard Prince and Subodh Gupta. We were particularly pleased with the outcome of Joseph Cornell’s Untitled (Hôtel De L'étoile, Suzanne Miller), which realized over seven times its pre-sale estimate, and Lee Ufan’s From Line, No. 790143, which sold for $449,000 against an estimate of $200,000-300,000. World auction records were set for Markus Schinwald, with his 2009 portrait Adam, and for Wolfgang Tillmans, with Freischwimmer 120. These results, combined with the strong performance of the Evening Sale, signal a confident market, with discerning buyers demonstrating continued enthusiasm for high quality works.”
TOP TEN LOTS
|
Lot |
Description |
Estimate |
Price Achieved |
|
133 |
Richard Prince, Untitled (Almost Original), 2006 |
$200,000-300,000 |
$461,000 £318,090/ €461,680 |
|
122 |
John Baldessari, The Intersection Series: Person Playing Poker/Beach Scene, 2002 |
$280,000-350,000 |
$449,000 £309,810 / €395,120 |
|
201 |
Lee Ufan, From Line, No. 790143, 1979 |
$200,000-300,000 |
$449,000 £309,810 / €395,120 |
|
188 |
John McCracken, Untitled, 1974 |
$200,000-300,000 |
$401,000 £276,690 / €352,880 |
|
145 |
Subodh Gupta, Other Thing, 2005/2006 |
$300,000-500,000 |
$293,000 £202,170 / €257,840 |
|
203 |
Yayoi Kusama, Lemon-Squash, 2004 |
$100,000-150,000 |
$281,000 £193,890/ €247,280 |
|
167 |
Joseph Cornell, Untitled (Hôtel De L'étoile, Suzanne Miller), circa 1960 |
$35,000-45,000 |
$269,000 £185,610 / €236,720 |
|
200 |
Yayoi Kusama, Nets 19, 1998 |
$70,000-90,000 |
$269,000 £185,610 / €236,720 |
|
207 |
Beatriz Milhazes, Sem título, 1991-1992 |
$250,000-350,000 |
$269,000 £185,610 / €236,720 |
|
130 |
Cindy Sherman, Untitled #417, 2004 |
$250,000-350,000 |
$245,000 £169,050 / €215,600 |
NEW AUCTION RECORDS
|
Lot |
Description |
Estimate |
Price Achieved |
|
108 |
Markus Schinwald, Adam, 2009 |
$18,000-22,000 |
$68,750 £ 47,437 /€60,500 |
|
|
*previous record price: £25,000/$40,413 set in 2013 |
||
|
113 |
Wolfgang Tillmans, Freischwimmer 120, 2006 |
$80,000-120,000 |
$233,000 £160,770/€205,040 |
|
|
*previous record price: $156,250 in 2015 |
||
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 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.
*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.
PRESS CONTACTS:
NEW YORK - Michael Sherman, Chief Communications Officer | msherman@phillips.com | +1 212 940 1384
HEADQUARTERS:
LONDON - 30 Berkeley Square, London W1J 6EX
NEW YORK - 450 Park Avenue, New York, NY 10022
VISIT US AT: www.phillips.com
FOLLOW US ON: Twitter | Instagram | Vimeo | Facebook | Pinterest | Tumblr | LinkedIn