Press | Phillips

10 October 2024

Phillips’ Modern & Contemporary Art Evening Sale Achieves £15 Million

 

Phillips’ Modern & Contemporary Art Evening Sale

Achieves £15 Million

 

London, 10 October 2024

Sale Total: £15,132,040 / $19,785,142 / €18,094,893

 

Lots Sold: 24 | Lots Offered: 31

Sold by Lot: 77% | Sold by Value: 79%

 

 

 

Olivia Thornton, Phillips’ Head of Modern & Contemporary Art, Europe, said, “As we celebrate a decade of sales at our Berkeley Square headquarters, it's been wonderful to see such great energy throughout London this week, from our own galleries to the excitement surrounding Frieze, and the many other cultural events taking place this week. London truly stands as the crossroads of the global art market, and our sale drew strong participation from Asia, the Americas, and Europe. We were pleased to present rare and significant works in our Evening Sale, with David Hockney's Path Through Wheat Field, July as the top lot and Joseph Yaeger’s auction debut, Sphinx without a secret, which sold for over ten times the pre-sale estimate. At Phillips, we continue to demonstrate our focused, adaptable approach in a market where collectors are more discerning than ever. Tonight’s results reaffirm the market’s confidence in Phillips and highlight our strong relationships with key consignors, including Marcel Brient and the Herbig Collection. We look forward to our upcoming Day Sale tomorrow and auctions in New York and Hong Kong next month.”

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

6

David Hockney, Path Through Wheat Field, July, 2005

£2,000,000 - 3,000,000

£3,315,000       $4,334,363 / €3,964,077

9

Yayoi Kusama, Pumpkin (M), 2016

£2,000,000 - 3,000,000

£1,984,000       $2,594,080 / €2,372,467

11

Andy Warhol, Portrait of Princess Diana, 1982

£1,200,000 - 1,800,000

£1,258,000       $1,644,835 / €1,504,316

25

Lucio Fontana, Concetto spaziale, Attese, 1967

£850,000 - 1,200,000

£889,000          $1,162,368 / €1,063,066

5

Tracey Emin, This is life without you - You made me Feel like This, 2018

£600,000 - 800,000

£889,000          $1,162,368 / €1,063,066

8

Liu Ye, Girl and Piggy, 1999

£800,000 - 1,200,000

£749,300        

$979,710 / €896,013

14

Banksy, Untitled (Fuck the Police), 2000

£500,000 - 700,000

£635,000          

$830,263 / €759,333

23

Andreas Gursky, New York, Mercantile Exchange, 2000

£250,000 - 350,000

£609,600        

$797,052 / €728,960

28

Andy Warhol, Guns, 1981

£450,000 - 650,000

£571,500          

$747,236 / €683,400

15

Anish Kapoor, Untitled, 2013

£450,000 - 650,000

£533,400          

$697,421 / €637,840

 

 

Exchange Rate on 10 October 2024: GBP£1 = $1.3075,  €1.1958