Phillips’ White Glove Evening Sale of 20th Century & Contemporary Art Realizes $41,135,750 New Auction Records Set for Three Artists Including Titus Kaphar, Christina Quarles, and Ali Banisadr
Evening Sale Total: $41,135,750 / £32,970,304 / €36,507,9878 Combined Total for Evening and Day Sales: $51,340,250 / £41,149,210 / €45,564,472
Edward Dolman, CEO, said, “Tonight’s White Glove sale was a resounding statement of the strength and resilience of the art market and the contemporary market in particular. The result speaks to our enduring strength, and shows no diminishing of demand, as we saw great depth of bidding and huge pent-up demand. The live auction event as we knew it has been reimagined and transformed, with the excitement and energy of the auction room being telegraphed worldwide from our custom designed studio set in London, including a live video feed from New York and bidding feeds from around the globe. Stepping away from traditions has brought us ever closer to our growing community of collectors, with bidders from across 50 countries, including an unprecedented number of online registrants. The market has proven it is very much ready, and we look forward to our live auctions in Hong Kong next week, which is set to be an exceptional season for Phillips in Asia.”
Jean-Paul Engelen and Robert Manley, Worldwide Co-Heads of 20th Century & Contemporary Art, jointly said, “We have never had a business getting season like this, with so much uncertainty over the past few months, we have purposely targeted the works we know have a strong market, which has borne out in this 100% sold sale. Our sale showcased key artistic voices spanning the 20th and 21st centuries that are most sought after by today’s collector. We have benefitted from our long-standing Digital First strategy, which has made us highly adaptable and ultimately successful in this new world order. This sale also proves the strength of our relationships to collectors, many of the works tonight coming to us through deep relationships that demonstrate their trust in Phillips specialists during this unprecedented time.
Top Ten Lots
New Auction Records (Evening Sale)
Phillips’ Day Sale of 20th Century & Contemporary Art Realizes $10,204,500 Million New Auction Records Set for Water Price, Mel Boucher, Rirkrit Tiravanija, Sadie Benning and Mauro Perucchetti
New York, 2 July 2020 Day Sale Total: $10,204,500 / £8,178,907 / €9,056,494
Top Ten Lots
New Auction Records (Day Sale)
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.
*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 kcarder@phillips.com +44 20 7901 7938 NEW YORK – Sarah Brown McLeod, Consultant sarah@sarahbrownmcleod.com +1 917 549 3919 HONG KONG – Ingrid Hsu, Public Relations Director, Asia Ingridhsu@phillips.com +852 2318 2043 |
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