Press | Phillips

06 October 2016

Phillips' Day Sale of 20th Century and Contemporary Art Realizes £3,846,275

Sale Results

Phillips' Day Sale of 20th Century and Contemporary Art Realizes £3,846,275


Sale Total:£21,714,025 / $27,576,812 / €24,536,848

Lots Sold: 113 | Lots Offered: 157

Sold by Lot: 72% | Sold by Value: 79%

Tamila Kerimova, Head of Day Sale, said:
“We are very pleased with the results from today’s auction of 20th Century & Contemporary Art. The sale attracted spirited bidding for works by both young and established artists, achieving strong results for Yayoi Kusama, Yoshitomo Nara and Marlene Dumas. We are especially pleased with the result of Adrian Ghenie’s ‘Study for Pie Fight Interior’, which ignited competitive participation from international bidders and realised fifteen times its pre-sale estimate. The results have shown that there is high demand for young artists when priced with attractive estimates, exemplified by Sascha Braunig’s ‘Reef’ which set a new auction record for the artist.”

Top Ten Lots
 

Lot

Description

Estimate

Price Achieved

118

Yayoi Kusama, Infinity Nets (OHWNT), 2006

£100,000 - £150,000

£197,000

$250,190 /€222,610

159

Georg Baselitz, Eintausend Nachtigallen (One Thousand Nightingales), 2001

£150,000 - £200,000

£151,400

$192,278 /€171,082

117

Yoshitomo Nara, I Think, Therefore I Am...A Dog, 2003

£80,000 - £120,000

£137,000

$173,990 /€154,810

125

Marlene Dumas, Couple, 1996

£120,000 - £180,000

£131,000

$166,370 /€148,030

107

Adrian Ghenie, Study for Pie Fight Interior, 2012

£8,000 - £12,000

£125,000

$158,750 /€141,250

176

Manolo Valdés, A Menage a Picasso, 2011

£120,000 - £180,000

£106,250

$134,938 /€120,063

158

Günther Förg, Untitled, 2006

£80,000 - £120,000

£100,000

$127,000 /€113,000

143

Damien Hirst, 17 Sausages, 1993

£60,000 - £80,000

£100,000

$127,000 /€113,000

119

Yayoi Kusama, The Ripple, 1985

£40,000 - £60,000

£93,750

$119,063 /€105,938

124

Andy Warhol, Jackie, 1998

£60,000 - £80,000

£93,750

$119,063 /€105,938



New Auction Records


Lot

Description

Estimate

Price Achieved

135

Giosetta Fioroni, Gli Occhiali (The Glasses), 1968

£50,000 - £70,000

£62,500

$79,375/€70,625

 

*previous record price: £45, 564 set in 2016

102

Sascha Braunig, Reef, 2015

£4,000 - £6,000

£23,750

$30,163/€26,838

 

*previous record price: £19,753 set in 2016

200

Erin Shirreff, Monograph, 2011

£10,000 - £15,000

£22,500

$28,575/€25,425

 

*previous record price: £11,875 set in 2016

113

Jessica Jackson Hutchins, Couch For A Long Time, 2009

£20,000- £30,000

£18,750

$23,813/€21,188


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

LONDON - Matthew Paton, Consultant matthew@patonarts.com +44 (0)7711 112425

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