Press | Phillips

13 July 2023

Phillips’ New Now Auction Realises £3.5 Million

  

 

 

Phillips’ New Now Auction Realises £3.5 Million

 

London, 13 July 2023

Sale Total: £3,514,598 / $4,585,145 / €4,107,159

 

Lots Sold: 157 | Lots Offered: 194

Sold by Lot: 81% | Sold by Value: 85%

 

 

Charlotte Gibbs, Head of New Now, said “As the season comes to a close, we are pleased with the result of £3.5 million achieved today. In the true spirit of New Now our frontrun of auction newcomers and emerging artists attracted fierce bidding, with the sale overall seeing bidders from across 50 countries worldwide. We look forward to our 20th Century & Contemporary Art Sale in New York next week, our upcoming summer exhibitions in London Where the Land Meets the Sea: Damien Hirst, and Legacies of Modernism: A Selling Exhibition of Works by Günther Förg from the Collection of Mikael Andersen, and our autumn Frieze week sales.”

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

104

Maxim Kantor, The Cedar and Man, 2019-23

£60,000 - 80,000

£139,700        

$182,253/€163,253

152

Jason Martin, Origin, 2003

£10,000 - 15,000

£114,300        

$149,116/€133,571

34

George Condo, Visitation, 1992

£60,000 - 80,000

£105,410          

$137,518/€123,182

13

Ben Sledsens, Two Girls in the Forest, 2015

£60,000 - 80,000

£101,600        

$132,547/€118,730

86

Tunga, Braids, 1980

£50,000 - 70,000

£88,900            

$115,979/€103,889

14

Rashid Johnson, The Funky Funktioneer, 2013

£80,000 - 120,000

£88,900            

$115,979/€103,889

18

George Condo, Untitled, 2000

£60,000 - 80,000

£69,850            

$91,126/€81,627

27

Banksy, Rude Copper, 2003

£60,000 - 80,000

£60,960            

$79,528/€71,238

141

Jitish Kallat, Untitled (Stations of a Pause), 2010

£25,000 - 35,000

£57,785            

$75,386/€67,528

36

Oscar Murillo, Movement and rhythm between one place and another #8, 2013

£60,000 - 80,000

£57,150

$74,558/€66,785

 

New Auction Records

Lot

Description

Estimate

Price Achieved

104

Maxim Kantor, The Cedar and Man, 2019-23

£60,000 - 80,000

£139,700        

$182,253/€163,253

 

*previous record price: £87,650 set in 2008

 

Exchange Rate on 13 July 2023: GBP1 = $1.3046, €1.1686

 

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.