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Phillips’ Inaugural 20th Century & Contemporary Art Day Sale at its New Asia Headquarters Realizes HK$122 Million/ US$15.4 Million and Sets 10 World Auction Records
New Auction Records Set for Oh de Laval, Ronald Apriyan, Arkiv Vilmansa, Alex Face, César Piette and Others
Combined Total for Evening and Day Sales: HK$473,263,360/ US$60,293,752, Marking a 33% Increase Over the Previous Year
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Auctioneer Danielle So conducting the 20th Century & Contemporary Art Day Sale
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20th Century & Contemporary Art Day Sale
Hong Kong, 31 March 2023
Sale Total: HK$ 121,561,860/ US$15,486,981
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Lots Sold:166 | Lots Offered: 182
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Sold by Lot: 91% | Sold by Value: 94%
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Danielle So, Head of Day Sale, 20th Century & Contemporary Art, Phillips Hong Kong, said: “We are pleased to see such solid results conclude our inaugural 20th Century & Contemporary Art Sales in Hong Kong, marking a 33% increase on our 2022 Spring sales. In our brand new Asia headquarters in Hong Kong’s West Kowloon Cultural District, we saw spirited bidding with international participation leading to new auction records for ten artists in today’s Day Sale. We were pleased to see sought-after works by both Asian and Western established names such as Yayoi Kusama, Gerhard Richter, and Park Seo-Bo as well as rising stars including Ayako Rokkaku, Jia Aili, and Michaela Yearwood-Dan in the top ten. We look forward to our upcoming exhibition highlighting works by Yayoi Kusama and Chiharu Shiota at our spectacular new headquarters next month, and our next auctions scheduled to take place here in May.”
Top 10 Lots
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Lot
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Description
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Estimate
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Price Achieved
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135
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Yayoi Kusama, Pumpkin, 1991
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HK$3,500,000 - 5,500,000
US$449,000-705,000
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HK$4,445,000
US$566,293
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250
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Ayako Rokkaku, ARP19-073, 2019
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HK$2,000,000 - 3,000,000
US$256,000-385,000
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HK$3,810,000
US$485,394
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114
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Matthew Wong, The Painter, 2016
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HK$3,000,000 - 5,000,000
US$385,000-641,000
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HK$3,810,000
US$485,394
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168
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Jia Aili, Untitled, 2015
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HK$3,000,000 - 4,000,000
US$385,000-513,000
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HK$3,556,000
US$453,034
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125
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Gerhard Richter, Grün-Blau-Rot, 1993
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HK$2,500,000 - 3,500,000
US$ 321,000-449,000
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HK$3,556,000
US$453,034
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144
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Yoshitomo Nara, Untitled (M. & S. E-2010-003 - E-2010-012), 2010
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HK$2,500,000 - 3,500,000
US$321,000-449,000
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HK$3,302,000
US$420,675
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107
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Mr., Miki - Earth Glowing Gold,2018
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HK$1,800,000 - 2,800,000
US$231,000-359,000
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HK$3,048,000
US$388,315
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138
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Yayoi Kusama, Pumpkin Chess Set, 2003
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HK$2,200,000 - 3,200,000
US$282,000-410,000
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HK$3,048,000
US$388,315
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113
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Scott Kahn, The Kipling Garden, 1991
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HK$1,000,000 - HK$1,500,000
US$128,000-192,000
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HK$3,048,000
US$388,315
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102
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Michaela Yearwood-Dan, Untitled no. 3 from the series Love letters to Siri, 2018
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HK$400,000 - HK$600,000
US$51,300-76,900
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HK$2,540,000
US$323,596
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126
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Park Seo-Bo, Ecriture no. 041121, 2004
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HK$1,000,000 - 2,000,000
US$128,000-256,000
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HK$2,540,000
US$323,596
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236
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Javier Calleja, The Morning After, 2018
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HK$1,800,000 - 2,800,000
US$231,000-359,000
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HK$2,540,000
US$323,596
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New Auction Records
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Lot
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Description
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Estimate
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Price Achieved
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104
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Oh de Laval, The Theatre, 2019
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HK$60,000 - 80,000
US$7,700-10,300
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HK$254,000
US$32,360
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*previous record price: HK$17,500, June 2021
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194
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Ronald Apriyan, Happiness Arrival, 2023
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HK$80,000 - 100,000
US$10,300-12,800
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HK$127,000
US$16,180
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*previous record price: HK$68,750, October 2019
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195
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Arkiv Vilmansa, We only have one more chance in Wounderland, 2021
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HK$140,000 - 180,000
US$17,900-23,100
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HK$292,100
US$37,214
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*previous record price: HK$43,750, December 2012
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218
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Michelle Blade, Between Rupture and Rapture/Glendale, 2020
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HK$80,000 - 120,000
US$10,300-15,400
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HK$190,500
US$24,270
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*previous record price: HK$107,100, October 2022
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235
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Alex Face, Breathe, 2016
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HK$400,000 - 600,000
US$51,300-76,900
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HK$533,400
US$67,955
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*previous record price: TWD1,320,000, December 2022
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269
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Felix Treadwell, Fedo with Creepers, 2020
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HK$200,000 - 300,000
US$25,600-38,500
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HK$381,000
US$48,539
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*previous record price: ₤20,000, October 2021
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270
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César Piette, Dog with yellow collar, 2019
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HK$200,000 - 300,000
US$25,600-38,500
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HK$444,500
US$56,629
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*previous record price: TWD132,000, December 2021
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281
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Hannah Bays, TIME, 2022
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HK$80,000 - 120,000
US$10,300-15,400
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HK$152,400
US$19,416
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*previous record price: ₤12,600, June 2022
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282
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Rose Electra Harris, Midnight Vase, 2022
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HK$80,000 - 100,000
US$10,300-12,800
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HK$228,600
US$29,124
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*previous record price: ₤5,737, March 2022
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284
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William Grob, The Delightful Nonfiction, 2022
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HK$60,000 - 80,000
US$7,700-10,300
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HK$101,600
US$12,944
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*previous record price: ₤8,750, December 2018
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* Lot 145, 170, 190, 228 and 242 were sold whilst the auction was still taking place.
Please click here to download the Evening Sale (30 March, 2023) result.
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:
HONG KONG – Ingrid Hsu, Public Relations & Communications Director, Asia Ingridhsu@phillips.com +852 2318 2043
HONG KONG – Jiayi Zhang, Public Relations Coordinator Jiayizhang@phillips.com +852 2318 2080
PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022
PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX
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