Press | Phillips

17 May 2023

Phillips’ May Sales of 20th Century & Contemporary Art Achieve $108.3 Million

Phillips’ May Sales of 20th Century & Contemporary Art

Achieve $108.3 Million

 

Evening Sale Realizes $70 Million, Led by Banksy, Pablo Picasso, and

Roy Lichtenstein, With Strong Prices for Noah Davis and Caroline Walker

 

COMBINED TOTAL FOR THE WEEK: $108,265,815 / £86,703,560 / €99,895,667

 

Evening Sale Total: $69,543,100 / £55,704,023 / €64,153,510

New York, 17 May 2023

 

Lots Sold: 33 | Lots Offered: 37

Sold by Lot: 89% | Sold by Value: 95%

 

 

Jean-Paul Engelen, President Americas, and Robert Manley, Deputy Chairman Worldwide Co-Heads of 20th Century & Contemporary Art, said, "Realizing a grand total of $108.3 million, our May Evening and Day Sales showcased the demand for important works of 20th Century and Contemporary Art across all levels – from a 12-minute bidding war for Noah Davis’ Untitled, which rocketed to $990,600– the second highest price for the artist at auction – to Banksy’s Banksquiat. Boy and Dog in Stop and Search selling to a telephone bidder for $9.7 million. Rare-to-market works that spanned the entirety of the 20th and 21st centuries were offered, with 80% of the works in our Evening Sale having never been sold at auction before. This approach is something that is distinctly Phillips’ own, and we are grateful for the hard work of our international team in building an auction that so brilliantly captures the breadth of the category. Bidders from 30 countries took part in the Evening Sale, with the Americas, Africa, Europe, and Asia all playing an important role. This international participation demonstrates the broad appeal of the artworks on offer and reinforces the strength of the global art market."

 

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

13

Banksy, Banksquiat. Boy and Dog in Stop and Search, 2018

$8,000,000 - 12,000,000

$9,724,500

4

Pablo Picasso, Tête de femme au chignon, 1952

$6,000,000 - 9,000,000

$7,320,000

35

Roy Lichtenstein, Girl in Mirror, 1964

$4,500,000 - 5,500,000

$5,505,000

25

Mark Grotjahn, Untitled (Standard Lotus XVI Face 44.15), 2013

$3,500,000 - 4,500,000

$4,295,000

20

Robert Ryman, Mark, 2002

$3,000,000 - 4,000,000

$3,811,000

29

Ed Ruscha, Manual Mobility, 1994

$4,000,000 - 6,000,000

$3,448,000

8

Yayoi Kusama, Blue Spots, 1965

$2,500,000 - 3,500,000

$3,206,000

26

Wayne Thiebaud, Levee and Cow, 2001

$2,500,000 - 3,500,000

$3,085,000

18

Roy Lichtenstein, Mirror #7, 1971

$3,000,000 - 4,000,000

$2,843,000

7

Yayoi Kusama, Red Stripes, 1965

$2,500,000 - 3,500,000

$2,722,000

 

 

Exchange Rate on 17 May 2023: US$1 = £0.8010, €0.9225, HK$7.8315