Press | Phillips

Phillips Realizes Highest Annual Total for Editions

Sales in Company History

October Sale Achieves $6.3 Million, Setting Records for Andy Warhol,

Alex Katz, Joan Mitchell, Pablo Picasso, and More

New York, 24-26 October 2022

Sale Total: $6,283,620 / £5,563,685 / €6,363,205

Lots Sold: 358 | Lots Offered: 400

Sold by Lot: 90% | Sold by Value: 88%

Kelly Troester and Cary Leibowitz, Deputy Chairmen and Co-Heads of Editions, said, “So strong is the demand for rare prints and multiples that this year we took the step in adding three additional live sales to our international calendar. The result was the most successful year in our department’s fourteen-year history and an increase of nearly 30% from 2021 totaling a fantastic $40 million. Our enthusiastic community of collectors participating across the globe has grown tremendously since we founded the Editions department in 2008, resulting in a staggering 405% increase in registered bidders. We have seen extraordinary increases in all areas of the print and multiples market, a testament to the continued importance of the category. In this sale, we saw demand across the board as works by Andy Warhol and Marc Chagall figured prominently in the top ten, with Warhol’s Ten Portraits of Jews of The Twentieth Century (F. & S. 226-235) leading the sale. We were pleased to set 46 world records across our evening and day sale sessions for Alex Katz, Pablo Picasso, Joan Mitchell, Glenn Ligon, Andy Warhol, Keith Haring, Frank Stella, Robert Longo amongst others. Works by Alexander Calder, Josef Albers, Alice Neel, Cy Twombly, David Hockney, Roy Lichtenstein and Ed Ruscha also continue to be quite popular.”

Top Ten Lots

Lot	Description	Estimate	Price Achieved
58	Andy Warhol, Ten Portraits Of Jews Of The Twentieth Century (F. & S. 226-235), 1980	$300,000 - 500,000	$403,200
56	Andy Warhol, Queen Elizabeth II of the United Kingdom, from Reigning Queens (Royal Edition) (F. & S. 336A), 1985	$200,000 - 300,000	$352,800
59	Andy Warhol, Marilyn (F. & S. 23), 1967	$250,000 - 350,000	$315,000
51	Andy Warhol, Mickey Mouse, from Myths (F & S. 265), 1981	$140,000 - 180,000	$201,600
49	Andy Warhol, Mick Jagger (F. & S. 140), 1975	$80,000 - 120,000	$157,500
4	Marc Chagall, Daphnis et Chloé (Daphne and Chloe) (M. 308-349, C. bks 46), 1961	$120,000 - 180,000	$151,200
83	Yayoi Kusama, Pumpkin, 1998	$80,000 - 120,000	$151,200
57	Andy Warhol, African Elephant, from Endangered Species (F. & S. 293), 1983	$60,000 - 90,000	$126,000
24	James Turrell, First Light, 1989	$80,000 - 120,000	$119,700
84	Damien Hirst, The Virtues (H. 9), 2021	$70,000 - 100,000	$113,400

New Auction Records

Lot	Description	Estimate	Price Achieved
7	Pablo Picasso, Danaé, 1962	$40,000 - $60,000	$69,300
15	Joan Mitchell, Sunflowers IV, 1992	$50,000 - $70,000	$81,900
23	Gene Davis, Series I, 1969	$12,000 - $18,000	$13,860
45	Glenn Ligon, Narratives, 1993	$12,000 - $18,000	$40,320
50	Andy Warhol, Muhammad Ali (F. & S. 179), 1978	$50,000 - $70,000	$88,200
53	Andy Warhol, Mao (F. &S. 90), 1972	$30,000 - $50,000	$44,100
54	Andy Warhol, Untitled (Whitman’s Sampler), 1982	$8,000 - $12,000	$13,860
76	David Hockney, Pictured Gathering with Mirror, 2018	$50,000 - $70,000	$107,100
80	Alex Katz, The Red Band (S. 117), 1979	$12,000 - $18,000	$42,840
90	Jeff Koons, Untitled (Donkey), 1997	$25,000 - $35,000	$27,720
87	Keith Haring, Untitled (L. p. 29), 1983	$20,000 - $30,000	$44,100

*Lot 246 and 343 were sold after the lot closed, whilst the sale was ongoing and is therefore included in the total sale result.

Exchange Rate on 24 October 2022: US$1 = £0.885427, €1.012665, HK$7.849829

27 October 2022

Phillips Realizes Highest Annual Total for Editions Sales in Company History