08 April 2021

Phillips’ Photographs Auction Realizes $5.4 Million, Led by Robert Frank and William Eggleston

Phillips’ Photographs Auction Realizes $5.4 Million,

Led by Robert Frank and William Eggleston

 

New Auction Records Set for

Alec Soth, Todd Webb, Dinh Q. Lê, and Tokihiro Sato

 

New York, 8 April 2021

Sale Total: $5,412,078/ £3,943,094/ €4,542,886

 

Lots Sold: 207 | Lots Offered: 254

Sold by Lot: 81% | Sold by Value: 87%

 

 

Vanessa Hallett, Deputy Chairwoman and Worldwide Head of Photographs, said, “The market for photography remains strong across the globe and we were pleased to see participation from over 40 countries in today’s auction, a testament to the power of Phillips’ digital platform, which has allowed us to engage with our community of collectors in unprecedented ways. There was strong international bidding for work by Robert Frank and William Eggleston, leading to a new record price of $226,800 for William Eggleston’s Graceland, his portfolio of eleven dye-transfer prints that so rarely comes to market as a complete set.  There was enthusiasm for important works across all genres, with Richard Avedon’s Dovima with Elephants realizing $189,000 and Vik Muniz’s Three Flags achieving $163,800.”

 

 

Christopher Mahoney, Senior International Specialist, added, “Today’s stellar results for the work of Robert Frank prove the continued relevance of his vision, and his enduring appeal to collectors of fine photography. Leading the auction was Frank’s Trolley – New Orleans, the cover of his seminal 1959 book, The Americans, which sold today for a remarkable $403,200 against a low estimate of $150,000.”

 

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

27

Robert Frank, Trolley – New Orleans, 1955

$150,000 - 250,000

$403,200

£293,530/€338,365

67

William Eggleston, William Eggleston's Graceland, 1984

World Auction Record for this Portfolio

$180,000 - 280,000

$226,800

£165,110/€190,331

21

Richard Avedon, Dovima with elephants, Evening dress by Dior, Cirque d’Hiver, Paris, August, 1955

$150,000 - 250,000

$189,000

£137,592/€158,609

89

Vik Muniz, Three Flags, after Jasper Johns from Pictures of Magazines 2, 2014

$30,000 - 50,000

$163,800

£119,246/€137,461

17

Robert Frank, Parade – Hoboken, New Jersey, 1955

$80,000 - 120,000

$138,600

£100,901/€116,313

34

Hiroshi Sugimoto, World Trade Center, 1997

$60,000 - 80,000

$126,000

£91,728/€105,739

97

Alec Soth, Charles, Vasa, Minnesota, 2002

World Auction Record for the Artist

$30,000 - 50,000

$113,400

£82,555/€95,165

113

Hiroshi Sugimoto, Lightning Fields 236, 2009

$40,000 - 60,000

$113,400

£82,555/€95,165

14

Robert Frank, U. S. 90, En Route to Del Rio, Texas, 1955

$100,000 - 150,000

$113,400

£82,555/€95,165

70

William Eggleston, Sumner, Mississippi, 1970

$70,000 - 90,000

$107,100

£77,969/€89,878

 

New Auction Records

Lot

Description

Estimate

Price Achieved

25

Todd Webb, Sixth Avenue between 43rd and 44th Streets, New York, 1948

$25,000 - 35,000

$37,800

£27,518/€31,722

 

*previous record price: $21,250 set in 2014

97

Alec Soth, Charles, Vasa, Minnesota, 2002

$30,000 - 50,000

$113,400

£82,555/€95,165

 

*previous record price: $75,000 set in 2020

101

Dinh Q. Lê, Untitled (helicopter, Apocalypse Now, prayers), 2000

$15,000 - 25,000

$63,000

£45,864/€52,870

 

*previous record price: $34,375 set in 2014

166

Tokihiro Sato, #389 Kamaiso, 1999

$7,000 - 9,000

$10,080

£7,338/€8,459

 

*previous record price: $8,125 set in 2015

67

William Eggleston, William Eggleston's Graceland, 1984

World Auction Record for this Portfolio

$180,000 - 280,000

$226,800

£165,110/€190,331

 

*previous record price: $197,000 set in 2013

 

 

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:            

NEW YORK – Magda Grigorian, Chief Communications Officer      [email protected]           +1 212 940 1384         

NEW YORK – Jaime Israni, Public Relations Director, Americas     [email protected]                  +1 212 940 1398

 

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

 

VISIT US AT:  www.phillips.com

 

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