Press | Phillips

11 March 2022

Phillips’ 20th Century & Contemporary Art Day Sale Realises £12 Million, the Highest Ever Result for a Day Sale in London in Company History

 

 

Phillips’ 20th Century & Contemporary Art Day Sale Realises £12 Million, the Highest Ever Result for a Day Sale in London in Company History

 

Setting 7 World Auction Records, Including those for Caroline Walker and Emmanuel Taku

 

London, 4 March 2022

Day Sale Total: £12,049,632 / $16,040,470 / €14,577,645

Evening Sale Total: £29,939,350/ $40,088,790 / €36,166,735

 

COMBINED TOTAL FOR THE WEEK: £41,988,982 / $56,129,260 / €50,744,380

 

Lots Sold: 128 | Lots Offered: 141

Sold by Lot: 91% | Sold by Value: 93%

 

Simon Tovey, Head of 20th Century & Contemporary Art Day Sale, said, “After a strong start to the season with last night’s Evening Sale, the momentum continued into the Day Sale, with the total result of £12 million marking the highest ever result for a Day Sale in London in company h­istory. The sale opened with fierce competition for auction newcomer Antonia Showering, pushing the 2017 painting to sell for £226,800, over 20 times its low estimate. Seven artists records were set, including those for Caroline Walker and Emmanuel Taku, and we were pleased to see works by blue-chip names such as Yayoi Kusama and Richard Prince feature in the top ten. It has been an honour to partner with the Warburg Institute in the lead up to the sale and we are thrilled with the results achieved for the works donated by contemporary artists, which together realised an outstanding result of £212,562 in support of the Warburg Renaissance. We were humbled by the response from over 700 bidders across 48 countries who participated online, on the phone and in the room.”

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

125

Yayoi Kusama, Pumpkin, 2001

£200,000 - 300,00

£516,600

$687,698/€624,983

136

Georg Baselitz, Der Kardinal hinter dem Vorhang, 2015

£350,000 - 550,000

£478,800

$637,379/€579,252

140

Günther Uecker, Ich hörte das Gras…, 2009

£200,000 - 300,00

£403,200

$536,740/€487,791

232

Ayako Rokkaku, Untitled, 2008

£30,000 - 50,000

£390,600

$519,967/€472,548

150

Richard Prince, Untitled, 2012

£300,000 - 500,000

£384,300

$511,580/€464,926

144

George Condo, Untitled, 1998

£300,000 - 500,000

£378,000

$503,194/€457,304

122

Edgar Plans, My Little Monster Loves Balloons, 2020

£70,000 - 90,000

£352,800

$469,647/€426,817

137

Gerhard Richter, Abstraktes Bild, 1992

£200,000 - 300,000

£352,800

$469,647/€426,817

135

Caroline Walker, A Scattering, 2011

WORLD AUCTION RECORD

£40,000 - 60,000

£327,600

$436,101/€396,330

155

Jean-Michel Basquiat, Windmill, 1985

£220,000 - 280,000

£327,600

$436,101/€396,330

 

New Auction Records

Lot

Description

Estimate

Price Achieved

105

Cristina BanBan, El Sueño Va Sobre El Tiempo, 2019

£15,000 - 20,000

£138,600

$184,504/€167,678

 

*previous record price: £60,480 set in 2021

117

Emmanuel Taku, Sisters in Lilac, 2021

£20,000 - 30,000

£214,200

$285,143/€259,139

 

*previous record price: ¥1,638,000 set in 2022

118

Amani Lewis, For Angela and her kin...in the garden (NITT edition), 2019

£30,000 - 50,000

£94,500

$125,798/€114,326

 

*previous record price: $107,100 set in 2021

127

Takashi Murakami x Virgil Abloh (Off White), Times, 2018

£120,000 - 180,000

£226,800

$301,916/€274,383

 

*previous record price: $250,000 in 2020

135

Caroline Walker, A Scattering, 2011

£40,000 - 60,000

£327,600

$436,101/€396,330

 

*previous record price: £81,250 set in 2021

196

Sassan Behnam-Bakhtiar, Sparks of Life, 2021-2022

£15,000 - 20,000

£50,400

$67,092/€60,974

 

*previous record price: £45,360 in 2021

219

Foster Sakyiamah, Yellow Girls Synced, 2021

£5,000 - 7,000

£36,540

$48,642/€44,206

 

*previous record price: £22,680 in 2021

 

 

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.

PRESS CONTACTS:            

LONDON – Katie Carder, Head of Press, Europe                            kcarder@phillips.com

 

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