Phillips’ New York Evening Sale Realizes $155 Million, the Second Highest Sale Total in Company History

 

Robert Manley, Deputy Chairman and Worldwide Co-Head of 20th Century & Contemporary Art, said, “At $155 million, tonight’s auction marks the second highest sale total in Phillips’ history. Leading the sale was Gerhard Richter’s monumental Abstraktes Bild (636), commanding nearly $35 million and firmly placing it among the top five works ever offered by the artist. We were pleased to set a new world record for Jadé Fadojutimi with her Quirk my mannerism realizing over $1.9 million, tripling the low estimate. The inclusion of The Triton Collection Foundation's works alongside those from our various owner sale added a distinctive dimension to the evening. This fusion contributed to the vibrant tapestry of artistic narratives that define Phillips and our commitment to presenting diverse and compelling sales.”

 

Jean-Paul Engelen, President, Americas, and Worldwide Co-Head of 20th Century & Contemporary Art, said, “It was a true honor to have the opportunity to work with The Triton Collection Foundation as they embark on this exciting new chapter in their journey. Tonight’s monumental result speaks to the enduring legacy of avant-garde art, the Foundation's unwavering pursuit of artistic excellence, and the market’s unwavering recognition of truly great works of art. We showcased a group of century-spanning, movement-defining works that were completely fresh-to-the market. We saw an enthusiastic response across the board, from the Nabis to the Cubist masters. Leading the group was Fernand Léger's Le 14 juillet, which featured a recently discovered painting on the verso, hidden until the Foundation unearthed the work last year. This discovery exemplifies how the Foundation sets the gold standard for passion and commitment to their mission, ensuring the continued preservation of the avant-garde spirit for generations to come.”

Keesjan Cordia of The Triton Collection Foundation said, “At The Triton Collection Foundation, we have always collected the true pioneers of the art world, making it our mission to share their work with art enthusiasts around the globe. It has been an absolute privilege to have these thirty avant-garde works in our collection for so many years, having enjoyed them ourselves and showcasing each of them over the years with some of the most renowned international institutions. It was amazing to see such global interest as these works toured internationally in advance of the auction at Phillips in New York. It is our hope that the new owners will enjoy them themselves but also keep sharing them with the broader public. At The Triton Collection Foundation, we look to a bright future ahead, where we will continue collecting and enjoying the new pioneers, creating their own space in art history."