Phillips Evening Sale of 20th Century and Contemporary Art and Design Realises HK$233.6 million

New Auction Records Set for Richard Lin and Tomoo Gokita

Sale Total: HK$233,598,750 / US$29,783,841

Jonathan Crockett, Head of 20th Century & Contemporary Art, and Deputy Chairman, Asia, said: “The outstanding results of tonight’s sale – our highest achieving auction in Asia to date, straight off the back of our highest sale totals in both London and New York – confirm that our strategy of offering works of the highest quality and rarity from around the world continues to ring true with our ever growing collector base in Asia. We saw notable bidding for works by Modern artists, including the top lot of the sale, Zao Wou-Ki’s 04.01.79. We were particularly pleased to have achieved a strong result for Zhang Xiaogang’s Bloodline: Big Family No.9 from Pioneers of Modernism: A Selection from the Scheeres Collection, which saw a 100% sell-through rate, with notably high price points, including a new world auction record for Richard Lin as well as for a work on paper by the artist. An additional auction record was achieved for Japanese contemporary artist Tomoo Gokita.”    

Isaure de Viel Castel, Head of Department, 20th Century & Contemporary Art, Hong Kong, and Senior Director, said: “Among the top five results was Jean Dubuffet’s Le Chien Rôdeur, which was well received by collectors in Asia. Further works by Western artists that established great prices were the two sculptures and a painting by American artist KAWS, and two paintings by George Condo. Outstanding results were also achieved for works of 20th century Danish and Italian Design, with 100% of works sold. We look forward to further engaging with our Asian collector base in our next auction of 20th Century & Contemporary Art in London in June.”