PHILLIPS CONTEMPORARY ART EVENING SALE REALISES £18.2 MILLION / $28.6 MILLION / €25.6 MILLION.
LONDON – 29 June 2015 – Phillips Contemporary Art Evening Auction realised £18,192,400 / $28,562,068 / €25,651,284 selling 84% by lot and 89% by value.
“This evening’s auction offered a diverse range of Contemporary Art and attracted a broad pool of bidders with nine artists represented in the top ten lots. We are pleased to have realised strong results and to have doubled the total of the equivalent auction last year. The market continues to react best to works of art which are offered with sensible and appealing estimates, and we’re thrilled in particular to have seen such a strong result for Ai Weiwei’s ‘Zodiac Heads’ which set a new record for the artist, surpassing the previous result at Phillip’s in February, and also for Ed Ruscha’s ‘Ship Talk’ which attracted seven bidders before selling for over twice its low estimate.” Peter Sumner, Director, Head of Contemporary Art, London.
Top Ten Lots
23 Ai Weiwei Circle of Animals / Zodiac Heads, 2010 £3,442,500 / $5,404,725 / €4,853,925 WORLD RECORD FOR THE ARTIST AT AUCTION
30 Bruce Nauman Hanging Heads # 1 (Blue Andrew, Mouth Open ...), 1989 £1,762,500 / $2,767,125 / €2,485,125
27 Andy Warhol Marilyn Monroe (portfolio of 10), 1967 £1,202,500 / $1,887,925 / €1,695,525
39 Sigmar Polke Carnival, 1979 £1,142,500 / $1,793,725 / €1,610,925
35 Ed Ruscha Ship Talk, 1988 £884,500 / $1,388,665 / €1,247,145
29 Andy Warhol Flowers, 1964 £722,500 / $1,134,325 / €1,018,725
11 Raqib Shaw Arrival of the Horse King from the series Paradise Lost, 2011-2012 £722,500 / $1,134,325 / €1,018,725
10 Sherrie Levine Caribou Skull, 2006 £494,500 / $776,365 / €697,245
22 Damien Hirst Veneration, 2007 £482,500 / $757,525 / €680,325
21 Takashi Murakami Pom and Me, 2010 £482,500 / $757,525 / €680,325
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 and Geneva, 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.
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