Press | Phillips

16 February 2024

Exceptional Works by James Rosenquist Lead Phillips’ February Editions Auctions, Which Realized a Combined Total of $1.5 Million

 

Exceptional Works by James Rosenquist Lead Phillips’ February Editions Auctions, Which Realized a Combined

Total of $1.5 Million

 

Works from the Estate of James Rosenquist were 100% Sold with 74% of Works Selling Above the High Estimate

 

Records Were Set for James Rosenquist, Joan Miro, Leonora Carrington, and Louise Bourgeois, Among Others

 

New York, 15 February 2024

Combined Total for the Day: $1,491,297 / £1,184,625 / €1,385,172

Works from the James Rosenquist Estate: $727,900 / £578,171 / €676,074

Editions and Works on Paper: $763,397 / £606,366 / €709,043

 

Total Lots Sold: 154 | Lots Offered: 162

Sold by Lot: 94% | Sold by Value: 94%

 

James Rosenquist, F-111 (south) (west) (north) (east) (G. 73), 1974

SOLD FOR $228,600

 

Kelly Troester and Cary Leibowitz, Deputy Chairmen and Co-Heads of Editions, said, “The enthusiasm for Phillips’ first New York auctions of the year was electric, as our two Editions sales saw enthusiastic bidding from across the globe. Between a full saleroom, spirited online bidding, and strong activity from the phones, collectors vied for prints and multiples spanning the wide variety of material the category has to offer. Our Various Owners sale was led by Damien Hirst’s Virtues, which realized $152,400, and we also saw strong prices for Pop and Surrealist works from the Robert Bechtle and Whitney Chadwick Trust, as well as prints by Roy Lichtenstein, Louise Nevelson, and Alex Katz. The momentum only strengthened as we headed into the afternoon sale of Works from the James Rosenquist Estate. The white glove sale saw some of his most iconic works soar past their estimates with 42% of the sale setting new world record prices, including the monumental F-111, which achieved $228,600, nearly eight times its estimate. Other strong prices were obtained for Small Doorstop with $95,250 and The Bird of Paradise Approaches the Hot Water Planet, from Welcome to the Water Planet, which garnered five and a half times its estimate at $44,450, among many others. It is wonderful to see such reverence in the market for Rosenquist’s oeuvre and legacy, and we were honored to work with his Estate in giving these works the recognition and platform they so clearly deserve. We look forward to our spring Editions and Works on Paper auction 16-18 April on Park Avenue.”

 

Lots Sold: 50 | Lots Offered: 50

Sold by Lot: 100% | Sold by Value: 100%

 

Works from the Estate of James Rosenquist Top Ten Lots

Lot

Description

Estimate

Price Achieved

224

James Rosenquist, F-111 (south) (west) (north) (east) (G. 73), 1974

World Auction Record for the Set

$30,000 - 50,000

$228,600

207

James Rosenquist, Small Doorstop, 1963-67

$80,000 - 120,000

$95,250

239

James Rosenquist, The Bird of Paradise Approaches the Hot Water Planet, from Welcome to the Water Planet (G. 214), 1989

World Auction Record

$8,000 - 12,000

$44,450

245

James Rosenquist, Speed of Light, 1999

$15,000 - 25,000

$39,370

240

James Rosenquist, Time Door Time D'Or, from Welcome to the Water Planet (G. 218), 1989

World Auction Record

$10,000 - 15,000

$30,480

246

James Rosenquist, The Stowaway Peers Out at the Speed of Light, 2001

$15,000 - 25,000

$27,940

243

James Rosenquist, House of Fire (G. 223), 1989

$15,000 - 25,000

$25,400

241

James Rosenquist, Space Dust, from Welcome to the Water Planet (G. 219), 1989

World Auction Record

$10,000 - 15,000

$21,590

233

James Rosenquist, Dog Descending a Staircase (S. 20, G. 174), 1980-82

World Auction Record

$6,000 - 9,000

$16,510

211

James Rosenquist, Spaghetti (G. 31), 1970

World Auction Record

$3,000 - 5,000

$10,795

 

Lots Sold: 104 | Lots Offered: 114

Sold by Lot: 91% | Sold by Value: 88%

 

Editions and Works on Paper Top Ten Lots

Lot

Description

Estimate

Price Achieved

110

Damien Hirst, The Virtues (H. 9), 2021

$80,000 - 120,000

$152,400

56

Roy Lichtenstein, Tel Aviv Museum Print (C. 238), 1989

$20,000 - 30,000

$44,450

101

Banksy, Jack and Jill (Police Kids), 2005

$25,000 - 35,000

$25,400

1

Harland Miller, Incurable Romantic Seeks Dirty Filthy Whore, 2010

$10,000 - 15,000

$20,320

54

Roy Lichtenstein, Composition IV (C. 293), 1995

$12,000 - 18,000

$20,320

57

Roy Lichtenstein, Salute to Aviation (C. 63), 1968

World Auction Record

$12,000 - 18,000

$20,320

109

Damien Hirst, Mickey (Blue Glitter), 2016

$18,000 - 25,000

$17,780

26

Alex Katz, Kym with Baseball Cap (S. 443), 2007

$6,000 - 9,000

$16,510

106

Keith Haring, The Bayer Suite, 1982

$8,000 - 12,000

$16,510

51

Andy Warhol, Marilyn (Castelli Graphics Announcement), 1981

$6,000 - 9,000

$16,510

 

New Auction Records

Lot

Description

Estimate

Price Achieved

224

James Rosenquist, F-111 (south) (west) (north) (east) (G. 73), 1974

$30,000 - 50,000

$228,600

 

*previous record price: $103,000 set in 2007

239

James Rosenquist, The Bird of Paradise Approaches the Hot Water Planet, from Welcome to the Water Planet (G. 214), 1989

$8,000 - 12,000

$44,450

 

*previous record price: $30,000 set in 2004

240

James Rosenquist, Time Door Time D'Or, from Welcome to the Water Planet (G. 218), 1989

$10,000 - 15,000

$30,480

 

*previous record price: $20,279 set in 2013

241

James Rosenquist, Space Dust, from Welcome to the Water Planet (G. 219), 1989

$10,000 - 15,000

$21,590

 

*previous record price: $18,000 set in 2005

57

Roy Lichtenstein, Salute to Aviation (C. 63), 1968

$12,000 - 18,000

$20,320

 

*previous record price: $18,750 set in 2019

233

James Rosenquist, Dog Descending a Staircase (S. 20, G. 174), 1980-82

$6,000 - 9,000

$16,510

 

*previous record price: $9,375 set in 2019

211

James Rosenquist, Spaghetti (G. 31), 1970

$3,000 - 5,000

$10,795

 

*previous record price: $8,125 set in 2016

248

James Rosenquist, The Memory Continues but the Clock Disappears, 2011

$2,000 - 3,000

$10,160

 

*previous record price: $9,375 set in 2019

225

James Rosenquist, Tampa—New York 1188 (G. 81), 1974-75

$2,000 - 3,000

$9,525

 

*previous record price: $4,560 set in 2006

4

Louise Bourgeois, Topiary (MoMA 691/III), 2005

$2,500 - 3,500

$8,890

 

*previous record price: $3,750 set in 2020

82

Louise Nevelson, The Night Sound (B. 110), 1971

$2,000 - 3,000

$7,620

 

*previous record price: $6,930 set in 2021

215

James Rosenquist, Earth and Moon, from Cold Light Suite (G. 43), 1971

$800 - 1,200

$5,715

 

*previous record price: $1,721 set in 2003

12

Leonora Carrington, Crookhey Hall, 1987

$1,500 - 2,500

$5,080

 

*previous record price: $1,320 set in 2012

 

Exchange Rate on 15 February 2024: US$1 = £0.7943, €0.9288, HK$7.8205