Phillips Announces Results from the November Contemporary Art Auctions in New York

PHILLIPS NEW YORK FALL CONTEMPORARY ART AUCTIONS TOTAL $62.7 / £40 / €50 MILLION
EVENING SALE AUCTION RECORDS FREDRIK VAERSLEV, DANH VO, TAUBA AUERBACH, AND RASHID JOHNSON

FOR IMMEDIATE RELEASE

New York – 14 November 2014 – The Phillips New York November Contemporary Evening and Day Auctions totaled $62,714,438 / £40,024,533 / €50,072,462 selling 85% by value and 75% by lot.

The Contemporary Evening Auction totaled $51,964,750 / £33,130,219 / €41,689,029 selling 89% by value and 83% by lot.

“We are very pleased with the results of the evening sale. Active bidding from new buyers contributed to four artist world records being set and 89% sold by value. Bidders from the Americas, Europe and Asia propelled the top lots of the sale.” August Uribe and David Georgiades, Co-Worldwide Heads of Contemporary Art, Phillips.

Evening Sale Top Ten Lots:
20 ROBERT RYMAN, Hour, 2001 $5,205,000 / £3,331,200 / €4,164,000
21 WILLEM DE KOONING, Untitled XVIII, 1984 $4,869,000 / £3,116,160 / €3,895,200
8 WADE GUYTON, Untitled, 2006 $4,645,000 / £2,972,800 / €3,716,000
22 MARK ROTHKO, Untitled, 1959 $4,085,000 / £2,614,400 / €3,268,000
18 FRANK STELLA, Concentric Square, 1966 $3,973,000 / £2,542,720 / €3,178,400
28 ANDY WARHOL, Diamond Dust Shoes, 1980 $3,301,000 / £2,112,640 / €2,640,800
23 HANS HOFMANN, Orchestral Dominance in Green, 1954 $2,405,000 / £1,539,200 / €1,924,000
10 MARTIN KIPPENBERGER, Untitled, 1984 $2,345,000 £1,500,800 / €1,876,000
7 TAUBA AUERBACH, Untitled (Fold), 2010 $2,285,000/ £1,462,400/ €1,828,000
11 RICHARD PRINCE, Untitled (Cowboy), 1998-99 $1,805,000/ £1,155,200/ €1,444,000

Evening Sale Auction Records:
1 FREDRIK VAERSLEV, Untitled (Canopy), 2012 $317,000 / £199,083 / €254,047
3 DANH VO, We the People (Detail), 2011 $629,000 / £395,026 / €504,087
7 TAUBA AUERBACH, Untitled (Fold), 2010 $2,285,000 / £1,435,030 / €1,831,222
47 RASHID JOHNSON, Born by the River, 2011 $197,000 / £123,721 / €157,878

Day Sale Top Ten Lots:
158 RICHARD PRINCE, What Can You Do?, 2001 $461,000 / £295,040 / €368,800
142 OSCAR MURILLO, Untitled, 2011 $377,000 / £241,280 / €301,600
159 YOSHITOMO NARA, Rock n' Roll Suicide, 1992 $365,000 / £233,600 / €292,000
228 ANDREAS GURSKY, Niagara Falls, 1989 $329,000 / £210,560 / €263,200
162 MARK GROTJAHN, Untitled (Three Butterfly Wings), 2004 $293,000 / £187,520 / €234,400
165 JOHN CHAMBERLAIN, Present Absence, 2003 $257,000 / £164,480 / €205,600
185 RICHARD DIEBENKORN, No. 7 (Ocean Park, Variation 7), 1971 $245,000 / £156,800 / €196,000
268 NAM JUNE PAIK, Big Shoulder, 1998 $221,000 / £141,440 / €176,800
197 ALFRED JENSEN, The Tectractys, 1964 $197,000 / £126,080 / €157,600
169 GERHARD RICHTER, 8.12.85, 1985 $197,000 / £126,080 / €157,600

PHILLIPS:
As the only international auction house to concentrate exclusively on contemporary culture, Phillips has established a commanding position in the sale of Contemporary Art, Design, Photographs, Editions and Jewelry. Through the passionate dedication of its team of global specialists, the company has garnered an unparalleled wealth of knowledge of emerging market trends. Founded in London in 1796, Phillips conducts auctions in New York and London and has representative offices throughout Europe and in the United States. For more information, please visit: phillips.com.