SALE RESULTS
20TH CENTURY & CONTEMPORARY ART DAY SALE
New York, 17 November 2016
Sale Total: $9,810,750 / £7,900,109 / €9,230,174
COMBINED TOTAL FOR EVENING & DAY SALES: $121,050,250 / £97,469,080 / €113,886,797
Lots Sold: 109 | Lots Offered: 139
Sold by Lot: 78% | Sold by Value: 83%
John McCord, Head of Phillips’ 20th Century & Contemporary Art Day Sale, commented, “On the heels of an exceptional evening sale, today’s auction confirms a robust market across multiple categories and price points. We saw a bustling saleroom with spirited bidding in person and on the phone, as well as significant participation online with several lots selling via Phillips’ online platforms. Jiro Takamatsu’s 1997 painting Shadow No. 1391 from his signature series sparked a bidding war to reach $538,000, quintupling its low estimate and setting a new world auction record for the artist. We set two additional auction records for artists, including Mel Bochner, with the sale of his iconic Blah, Blah, Blah, and Matt Connors’ Second Pitch – Shift tied the record price of $112,500 set earlier this year for the artist. Sigmar Polke’s 1975 Untitled also performed extremely well, far-surpassing its estimate of $35,000-45,000 and selling for $150,000. We look forward to Phillips’ first fine art sale in Hong Kong on 27 November following Phillips’ strong results for our 20th Century & Contemporary Art sales in New York.”
TOP TEN LOTS
|
Lot |
Description |
Estimate |
Price Achieved |
|
206 |
Jiro Takamatsu, Shadow No. 1391, 1997 NEW WORLD AUCTION RECORD *previous record price: $318,869 set in 2015 |
$100,000-150,000 |
$538,000 £432,337 / €503,510 |
|
179 |
Josef Albers, After Nightfall, 1948-1953 |
$200,000 - 300,000 |
$526,000 £422,694 / €492,279 |
|
144 |
Keith Haring, Untitled, 1983 |
$200,000 - 300,000 |
$418,000 £335,905 /€391,203 |
|
145 |
Keith Haring, Untitled, 1983 |
$150,000-200,000 |
$358,000 £287,689 / €335,049 |
|
136 |
John McCracken, Chieftain, 1992 |
$250,000 - 350,000 |
$256,000 £205,722 /€239,588 |
|
114 |
Dana Schutz, Hand, 2004 |
$220,000 - 280,000 |
$250,000 £200,900 / €233,973 |
|
115 |
George Condo, Memories of Spain, 1991 |
$200,000 - 300,000 |
$250,000 £200,900 / €233,973 |
|
181 |
Peter Halley, Yellow Prison with Underground Conduit, 1985 |
$100,000-150,000 |
$243,750 £195,878 / €228,124 |
|
116 |
Kara Walker, Untitled, 2004 |
$200,000 - 300,000 |
$225,000 £180,810 / €210,576 |
|
183 |
Gerhard Richter, PAPER FUJI (23 Oktober 1996), 1996 |
$120,000 - 180,000 |
$225,000 £180,810 / €210,576 |
ADDITIONAL NEW AUCTION RECORDS
|
Lot |
Description |
Estimate |
Price Achieved |
|
173 |
Mel Bochner, Blah, Blah, Blah, 2012 |
$100,000-150,000 |
$137,500 £110,495 / €128,685 |
|
|
*previous record price: $100,000 set in 2015 |
||
|
113 |
Sue Williams, Big Red Shoes, 1998 |
$40,000-60,000 |
$106,250 £85,383 / €99,438 |
|
|
*previous record price: $98,500 set in 2012 |
||
* Lots 117 and 210 sold immediately following the sale and are included in the sale results.
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, and is committed to supporting contemporary arts and culture through a worldwide programme of Arts Partnerships.
*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.
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