Press | Phillips

07 March 2024

Phillips’ 20th Century & Contemporary Art Evening Sale Achieves World Auction Records for Kehinde Wiley and Jesse Mockrin and a Sale Total of £13.7 Million

Phillips’ 20th Century & Contemporary Art Evening Sale Achieves World Auction Records for Kehinde Wiley and Jesse Mockrin and a Sale Total of £13.7 Million

 

London, 7 March 2024

Sale Total: £13,689,650 / $17,467,993 / €16,029,211

 

Lots Sold: 23 | Lots Offered: 26

Sold by Lot: 88% | Sold by Value: 89%

 

 

 

Olivia Thornton, Phillips’ Head of 20th Century & Contemporary Art, Europe, said, “We are proud of this result, falling comfortably within estimate, and setting world auction records for Kehinde Wiley and Jesse Mockrin. Andy Warhol’s Portrait of Princess Diana commanded the spotlight, selling after a four-minute bidding war for the highest price achieved for a Princess Diana work by the artist. The auction opened with the debut of Alia Ahmad, a Saudi Arabian artist working in the tradition of Abstract Expressionism, whose work sold for five times its low estimate. Bidding activity transcended borders, with participants from 31 countries driving spirited bidding in the room, over the phones and online. We eagerly anticipate our forthcoming auction in New York this May.”

 

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

12

Andy Warhol, Portrait of Princess Diana, 1982

£1,200,000 - 1,800,000

£2,407,500 $3,071,970/€2,818,942

8

Yayoi Kusama, INFINITY-NETS (ZXSSAO), 2008

£1,800,000 - 2,500,000

£2,105,000

$2,685,980/€2,464,745

5

Cecily Brown, Luck Just Kissed You Hello, 2013

£1,500,000 - 2,000,000

£1,500,000

$1,914,000/€1,756,350

9

Anselm Kiefer, Ich Bin, Der Ich Bin, 2008

£550,000 - 750,000

£990,600

$1,264,006/€1,159,894

10

Sigmar Polke, Silberner Zwilling, 1975

£800,000 - 1,200,000

£762,000

$972,312/€892,226

16

Kehinde Wiley, Christian Martyr Tarcisius, 2008

WORLD AUCTION RECORD

£200,000 - 300,000

£660,400

$842,670/€773,262

7

Frank Auerbach, J.Y.M. Seated in the Studio II, 1987-1988

£600,000 - 800,000

£635,000

$810,260/€743,522

28

Damien Hirst, Cupric Nitrate, 2007

£500,000 - 700,000

£571,500

$729,234/€669,169

24

Francis Picabia, Untitled (Femme et Fleurs), circa 1942-1943

£400,000 - 600,000

£533,400

$680,618/€624,558

25

Jean Dubuffet, Buste aux envols, 13 May 1972

£400,000 - 600,000

£444,500

$567,182/€520,465

 

New Auction Records

Lot

Description

Estimate

Price Achieved

6

Jesse Mockrin, A Cymbal Crashed and Roaring Horns, 2017

£60,000 - 80,000

£120,650

$153,949/€141,269

 

*previous record price: 113,400 USD set in 2023

16

Kehinde Wiley, Christian Martyr Tarcisius, 2008

£200,000 - 300,000

£660,400

$842,670/€773,262

 

*previous record price: 649,200 USD set in 2021

 

 

Exchange Rate on 7 March 2024: GBP£1 =  USD$1.2760, EUR€1.1709