Phillips’ Evening Sale of 20th Century & Contemporary Art Realises £23.9 million, a 34% Increase on October 2016, Bringing the Auction Total for the Week to £28,791,375
New Auction Record of £1,809,000 Set for Hurvin Anderson
London, 6 October 2017
Sale Total: £23,924,000 / $31,579,680 / €26,794,880
Lots Sold: 34 | Lots Offered: 36 Sold by Lot: 94% | Sold by Value: 96%
Dina Amin, Head of 20th Century & Contemporary Art, Europe: “We are delighted with tonight’s sale of 20th Century & Contemporary Art, which is up 34% from the same period last year. We are especially pleased that Hurvin Anderson’s Peter’s Series: Back set a new auction record of £1.8 million for the 2017 Turner Prize nominee. The results demonstrate continued strength in the market and strong demand among global collectors as we had participation from bidders from over 25 countries. We experienced very active bidding for fresh-to-market works by German artists including Sigmar Polke, Albert Oehlen and Wolfgang Tillmans, as well as paintings by Jean-Michel Basquiat, Cecily Brown, Adrian Ghenie, Paolo Scheggi. There is great momentum at Phillips as collectors continue to respond to our vision of orchestrating thoughtful, well-curated sales. We look forward to our auctions in New York in November, which will include additional works from the esteemed collection of Anne Marie and Julian J. Aberbach.”
*Lots 31 and 32 were sold immediately after the auction.
TOP TEN LOTS
| Lot |
Description |
Estimate |
Price Achieved |
|
10 |
Sigmar
Polke, Tänzerin, 1994 |
£2,500,000
- 3,500,000 |
£3,369,000 $4,447,080
/€3,773,280 |
|
21 |
Andy
Warhol, Knives, 1982 |
£2,000,000
- 3,000,000 |
£2,649,000 $3,496,680
/€2,966,880 |
|
8 |
Adrian
Ghenie, The Collector 4, 2009 |
£1,000,000
- 1,500,000 |
£2,049,000 $2,704,680
/€2,294,880 |
|
6 |
Hurvin
Anderson, Peter's Series: Back,
2008 |
£600,000
- 900,000 |
£1,809,000 $2,387,880/€2,026,080 |
|
24 |
Andreas
Gursky, Los Angeles, 1998 - 1999 |
£1,400,000
- 1,800,000 |
£1,689,000 $2,229,480/€1,891,680 |
|
23 |
Jean-Michel
Basquiat, Untitled, circa 1984 |
£600,000
- 900,000 |
£1,569,000 $2,071,080/€1,757,280 |
|
7 |
Cecily
Brown, Park, 2004 |
£400,000
- 600,000 |
£849,000 $1,120,680/€950,880 |
|
20 |
Ai
Weiwei, Map of China, 2009 |
£800,000
- 1,200,000 |
£789,000 $1,041,480/€883,680 |
|
27 |
Damien
Hirst, Sad Steps - Life Fulfilled,
2006 |
£600,000
- 800,000 |
£729,000 $962,280/€816,480 |
|
25 |
Damien
Hirst, Cyclohexane, 1995 |
£600,000
- 800,000 |
£729,000 $962,280/€816,480 |
NEW AUCTION RECORDS
|
Lot |
Description |
Estimate |
Price Achieved |
|
6 |
Hurvin
Anderson, Peter's Series: Back,
2008 |
£600,000
- 900,000 |
£1,809,000 $2,387,880/€2,026,080 |
|
|
*previous record
price: £1,314,500 set in 2008 |
||
Phillips’ Day Sale of 20th Century & Contemporary Art Realises £4,867,375
London, 5 October 2017
Sale Total: £4,867,375/ $6,424,935 / €5,451,460
Lots Sold: 127 | Lots Offered: 179 Sold by Lot: 71% | Sold by Value: 77%
TOP TEN LOTS
|
Lot |
Description |
Estimate |
Price Achieved |
|
105 |
Adrian
Ghenie, Burning Books, 2014 |
£250,000
- 350,000 |
£ 321,000 $423,720
/€359,520 |
|
129 |
Yue
Minjun, Hometown, 2005 |
£220,000
- 320,000 |
£ 321,000 $423,720/€359,520 |
|
132 |
Manolo
Valdés, Perfil con Fondo Azul, 1994 |
£80,000 - 120,000 |
£237,000 $312,840
/€265,440 |
|
120 |
Peter
Doig, Untitled, 1991 |
£150,000
- 200,000 |
£187,500 $247,500
/€210,000 |
|
141 |
Marisa
Merz, Untitled, 1986 |
£30,000
- 50,000 |
£
162,500 $214,500/€182,000 |
|
152 |
A.R.
Penck, Belagerung und Einnahme von
Beirut I, 1982 |
£70,000
- 90,000 |
£156,250 $206,250
/€175,000 |
|
133 |
Manolo
Valdés, Retrato de una Joven de la
Nobleza, 1992 |
£80,000
- 120,000 |
£143,750 $189,750/€161,000 |
|
151 |
A.R.
Penck, Untitled, 1982 |
£100,000
- 150,000 |
£125,000 $165,000/€140,000 |
|
154 |
Sigmar
Polke, Untitled, 1999 |
£100,000
- 150,000 |
£125,000 $165,000
/€140,000 |
|
198 |
Peter
Halley, In the Game, 2007 |
£45,000
- 65,000 |
£115,000 $151,800
/€128,800 |
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 20th Century and Contemporary 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. In addition to providing selling and buying opportunities through auction, Phillips brokers private sales and offers assistance with appraisals, valuations, and other financial services.
Visit www.phillips.com for further information.
*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.
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