Phillips’ April Photographs Auctions Realize $5.2 Million
Photographs from the Martin Z. Margulies Foundation Achieves
$2.2 Million, with Proceeds Benefitting Charity
New Auction Records Set for Alec Soth and Vee Speers
New York, 4 – 5 April 2024
Total: $5,243,449 / £4,149,290 / €4,835,337
|
Lots Sold: 301 | Lots Offered: 400 |
Sold by Lot: 75% | Sold by Value: 81% |
Vanessa Hallett, Deputy Chairwoman and Worldwide Head of Photographs, said “The results of our two-day run of Photographs sales are proof of a vibrant market. Not only did we achieve stellar prices for classic photographs, our results for post-war and contemporary work are a testament to the enthusiasm of our collectors. We were especially gratified by the robust results from Photographs from the Martin Z. Margulies Foundation as the sale’s proceeds will help continue the Foundation’s important work. Alec Soth’s Charles, Vasa, Minnesota, achieved $152,400 against an estimate of $50,000-70,000, setting a new world auction record for the artist, and Harry Callahan’s Eleanor/Silhouette (Chicago), realized $76,200, over three times its low estimate. We look forward to welcoming our international community of bidders to our May sale in London.”
Photographs from the Martin Z. Margulies Foundation Top Ten Lots
|
Lot |
Description |
Estimate |
Price Achieved |
|
46 |
Cindy Sherman, Untitled (Bus Riders I), 1976 |
$150,000 - 250,000 |
$190,500 |
|
49 |
Thomas Struth, Pergamon Museum 1, Berlin, 2001 |
$120,000 - 180,000 |
$190,500 |
|
55 |
Alec Soth, Charles, Vasa, Minnesota, 2002 |
$50,000 - 70,000 |
$152,400 |
|
15 |
Ed Ruscha, Gasoline Stations, 1962 |
$100,000 - 150,000 |
$133,350 |
|
90 |
Gordon Parks, Segregation Story, 1956 |
$70,000 - 90,000 |
$114,300 |
|
59 |
Olafur Eliasson, The Glacier Series, 1999 |
$70,000 - 90,000 |
$76,200 |
|
44 |
Francesca Woodman, From Space 2, Providence, Rhode Island, 1975-1978 |
$7,000 - 9,000 |
$63,500 |
|
114 |
Dorothea Lange, Ditched, Stalled, and Stranded, San Joaquin Valley, California (A Missouri Farmer, Now A Migratory Farm Laborer on the Pacific Coast), 1936 |
$40,000 - 60,000 |
$63,500 |
|
24 |
William Eggleston, Untitled (Couple in Red Car at Drive-In Restaurant), Memphis, TN, 1965-1968 |
$30,000 - 50,000 |
$57,150 |
|
37 |
Danny Lyon, The Bikeriders, 1963-1966 |
$40,000 - 60,000 |
$50,800 |
Photographs Top Ten Lots
|
Lot |
Description |
Estimate |
Price Achieved |
|
219 |
Richard Avedon, Francis Bacon, artist, Paris, 4-11-79, 1979 |
$100,000 - 150,000 |
$114,300 |
|
320 |
Alexander Rodchenko, Gathering for a Demonstration, 1928 |
$80,000 - 120,000 |
$101,600 |
|
398 |
Alfred Stieglitz, The Net Mender, 1894 |
$80,000 - 120,000 |
$88,900 |
|
365 |
Constantin Brancusi, Mademoiselle Pogany II, circa 1920 |
$30,000 - 50,000 |
$82,550 |
|
333 |
Harry Callahan, Eleanor/Silhouette (Chicago), 1948 |
$20,000 - 30,000 |
$76,200 |
|
291 |
Steve McCurry, Sharbat Gula, Afghan Girl, Pakistan, 1992 |
$40,000 - 60,000 |
$69,850 |
|
382 |
Ansel Adams, Winter Sunrise, Sierra Nevada from Lone Pine, California, 1944 |
$30,000 - 50,000 |
$53,340 |
|
226 |
Helmut Newton, Grand Hôtel de Milan, 2002 |
$35,000 - 55,000 |
$50,800 |
|
254 |
Vik Muniz, New York City by Night, After Berenice Abbott from Pictures of Diamonds, 2004 |
$35,000 - 45,000 |
$50,800 |
|
377 |
Ansel Adams, Moonrise, Hernandez, New Mexico, 1941 |
$40,000 - 60,000 |
$50,800 |
New Auction Records
|
Lot |
Description |
Estimate |
Price Achieved |
|
55 |
Alec Soth, Charles, Vasa, Minnesota, 2002 |
$50,000 - 70,000 |
$152,400 |
|
|
*previous record price: $113,400 set in 2021 |
||
|
25 |
Neal Slavin, Sabrett Hot Dog Vendors, New York City, 1974 |
$4,000 - 6,000 |
$5,080 |
|
|
*previous record price: $5,000 set in 2018 |
||
|
260 |
Vee Speers, Untitled #16 from The Birthday Party, 2007 |
$30,000 - 50,000 |
$40,640 |
|
|
*previous record price: $20,000 set in 2011 |
||
*Lot 22 was sold after the lot closed, whilst the sale was ongoing and is therefore included in the total sale result.
Exchange Rate on 5 April 2024: US$1 = £0.7913, €0.9221, HK$7.8309
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*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.
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