09 December 2021

Phillips New Now Auction Achieves £5.3 Million and Sets Eleven World Auction Records

Phillips New Now Auction Achieves £5.3 Million and Sets Eleven World Auction Records

 

London, 9 December 2021

 

Sale Total: £5,307,498/ $6,999,528 / €6,184,297

 

Lots Sold: 147 | Lots Offered: 178

Sold by Lot: 83% | Sold by Value: 91%

 

 

 

Simon Tovey, Specialist, Head of New Now, “What a fantastic way to end the season! Following our July New Now sale which achieved the highest total ever for a London New Now auction, we were absolutely delighted with the results achieved today. We saw great depth of bidding from clients in the room, on the phone and online where 66% of lots were sold to clients bidding on Phillips.com and via our app. With clients bidding from over 50 countries worldwide, the eleven world record auction records and overall result achieved today demonstrates the incredible energy and strength in the market. It was an honour to offer and sell 100% of the works donated by Africa First in order to benefit the Africa First Artist Residency Program and we are thrilled to see £61,200 raised for that cause. This year and this season, despite the challenges we have all faced, has been a huge success and we look forward to continuing this momentum into 2022.”

 

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

16

Eddie Martinez, Untitled, 2007

£200,000 – 300,000

£466,200

$614,825/€543,216

10

Mr., Hong Kong—At a Kiosk, 2019

£150,000 – 250,000

£403,200

$531,740/€469,809

18

Günther Förg, Untitled, 2001

£300,000 – 500,000

£378,000

$498,506/€440,446

17

Jonas Wood, Yellow Crate, 2006

£150,000 – 200,000

£327,600

$432,039/€381,720

15

Michael Armitage, Untitled, 2006

£50,000 – 70,000

£226,800

$299,104/€264,267

73

Barry Flanagan R.A., Hare with Ball, 1994

£120,000 – 180,000

£201,600

$265,870/€234,904

62

Richard Hambleton, Untitled, 2012

£70,000 - 90,000

£144,900

$191,094/€168,837

4

Aboudia, Untitled, 2013

£20,000 – 30,000

£138,600

$182,786/€161,497

5

Jadé Fadojutimi, Typhoon, 2015

£15,000 – 20,000

£126,000

$166,169/€146,815

30

Damien Hirst, Beautiful, It's a Beautiful World Made More Beautiful with You in it Painting, 2018

£120,000 – 180,000

£113,400

$149,552/€132,134

 

New Auction Records

Lot

Description

Estimate

Price Achieved

9

Cristina BanBan, Lovers in the Bath, 2018

£10,000 - 15,000

£60,480

$79,761/€70,471

 

*previous record price: £20,000 set in 2021

21

Wes Lang, Living by Being, 2011

£25,000 - 35,000

£94,500

$124,627/€110,111

 

*previous record price: £27,500 set in 2017

23

Nirit Takele, Untitled, 2015

£6,000 - 8,000

£9,450

$12,463/€11,011

 

*previous record price: £8,190 set in 2021

25

Kelechi Charles Nwaneri, Battle Within, 2019

£6,000 - 8,000

£9,450

$12,463/€11,011

 

*previous record price: $7,800 set in 2021

38

Oluwole Omofemi, Metamorphosis II, 2020

£6,000 - 8,000

£100,800

$132,935/€117,452

 

*previous record price: $118,750 set in 2021

39

Sassan Behnam-Bakhtiar, Nothing But Energy, 2021

£15,000 - 20,000

£45,360

$59,821/€52,853

 

*previous record price: £19,375 set in 2019

61

Thierry Noir, Achtung Baby, 2021

£7,000 - 10,000

£30,240

$39,881/€35,236

 

*previous record price: £22,500 set in 2021

81

Christina Forrer, In the Forest, 2014

£20,000 - 30,000

£39,060

$51,512/€45,513

 

*previous record price: $42,840 set in 2020

102

Santiago Parra, Untitled, 2021

£10,000 - 15,000

£27,720

$36,557/€32,299

 

*previous record price: €15,000 set in 2019

150

Luca Dellaverson, Untitled, 2014

£1,000 - 2,000

£1,764

$2,326/€2,055

 

*previous record price: $2,176 set in 2020

172

Allison Katz, Belo Horizonte, 2015

£4,000 - 6,000

£32,760

$43,204/€38,172

 

*previous record price: $8,820 set in 2021

 

 

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 buyer's premium and are reported net of applicable fees. 

 Phillips is not responsible for typographical errors or omissions.

 

 

PRESS CONTACTS:            

LONDON - Katie Carder, Head of Press, Europe              [email protected]                         

LONDON – Anna Chapman, Press, Events & Partnerships Officer              [email protected]                         

 

 

PHILLIPS NEW YORK - 450 Park Avenue, New York, NY 10022

PHILLIPS LONDON - 30 Berkeley Square, London, W1J 6EX

PHILLIPS HONG KONG - 14/F St. George’s Building, 2 Ice House Street, Central Hong Kong

PHILLIPS GENEVA -  Rue de la Confédération, 7 Geneva 1204

 

VISIT US AT:  www.phillips.com

 

FOLLOW US ON: Twitter | Instagram | Vimeo | Facebook | LinkedIn | Weibo| WeChat (use QR Code to right)