Press | Phillips

28 June 2013

UK CTA Combined June 2013

PHILLIPS LONDON JUNE 2013 CONTEMPORARY ART AUCTIONS TOTAL £15.6 / $23.7 / €18.1 MILLION

EVENING AUCTION SELLS 92% BY LOT AND 89% BY VALUE


FOR IMMEDIATE RELEASE

London – 28 JUNE 2013 – Phillips London June Contemporary Art Auctions realised a total of £15,638,575 / $23,770,634 / €18,140,747selling 85% by value and 72% by lot.

The Contemporary Art Day Sale totaled £3,308,575 / $5,029,034 / €3,837,947.

"We are delighted with the fantastic results throughout the Day Sale including those achieved for Sterling Ruby, Nate Lowman, Rudolf Stingel and Piotr Uklanski. This was a fantastic way to wrap up an action-packed Contemporary Art season." George O’Dell, Head of Contemporary Art Day Sale, Phillips

Phillips London June Contemporary Art Evening Auction realised a total of £12,330,000 / $18,864,900 / €14,426,100 selling 89% by value and 92% by lot.

Top lot of the Evening Sale, a 12ft work by British artist Glenn Brown, Oscillate Wildly (after ‘Autumnal Cannibalism’ 1936 by Salvador Dalí), sold for a solid £2,882,500 / $4,410,225 / €3,372,525 and an auction record was achieved for a self portrait by Rudolf Stingel, selling for £782,500 / $1,197,225 / €915,525. Strong bidding, including fierce competition for Untitled Film Still #36, 1979 by Cindy Sherman selling for £302,500 / $462,825 / €353,925 on an estimate of £60,000 – 80,000 and an impressive result for a work by South American artist, Oscar Murillo at £146,500 / $224,145 / €171,405, demonstrated demand for both young and established artists.

"Tonight’s result proves that despite an action-packed art world schedule the Contemporary Art Market remains buoyant. There was intelligent bidding from an international community at tonight’s auction, demonstrating demand for work by established blue-chip, as well as emerging artists. We are delighted with the solid results achieved for British artist Glenn Brown and South American Oscar Murillo." Said Michael McGinnis, Chief Executive Officer, Phillips, about the Evening Sale result.

Top Ten Lots Day Sale:
190 KEITH HARING Untitled £206,500 / $313,880 / €239,540
214 ANATOLIY KRYVOLAP Horse, Evening £122,500 / $186,200 / €142,100
119 NATE LOWMAN Untitled (Bullet Holes) £104,500 / $158,840 / €121,220
102 STERLING RUBY Block A, Tier 1 (Spatial) £98,500 / $149,720 / €114,260
110 RUDOLF STINGEL Untitled £96,100 / $146,072 / €111,476
196 FRANZ KLINE Composizione astratta £86,500 / $131,480 / €100,340
150 CINDY SHERMAN Untitled # 298 (Comme des garçons, Wizard with Stars) £86,500 / $131,480 / €100,340
107 PIOTR UKLANSKI Untitled (Crayons) £74,500/ $113,240 / €86,420
209 SIGMAR POLKE Kartoffelmaschine, Apparat… £74,500/ $113,240 / €86,420
202 MICHEL MAJERUS Untitled £72,100 / $109,592 / €83,636

Auction Records:
214 ANATOLIY KRYVOLAP Horse, Evening £122,500 / $186,200 / €142,100
112 WALEAD BESHTY Fedex® Kraft Box© FEDEX 330504... £68,500 / $104,120 / €79,460
105 NINA BEIER Portrait Mode £27,500 / $41,800 / €31,900
104 OLIVER LARIC Ise Guilloche £16,250 / $24,700 / €18,850
236 RICKY SWALLOW Last of the Unnatural Acts (2 parts) £16,250 / $24,700 / €18,850

Top Ten Lots Evening Sale:
9 GLENN BROWN Oscillate Wildly (after ‘Autumnal Cannibalism’ 1936 by Salvador Dalí) £2,882,500 / $4,410,225 / €3,372,525
14 JEAN-MICHEL BASQUIAT Three Pontificators £2,210,500 / $3,382,065 / €2,586,285
12 ANDY WARHOL Diamond Dust Shoes £1,142,500 / $1,748,025 / €1,336,725
11 ANISH KAPOOR Untitled £1,142,500 / $1,748,025 / €1,336,725
7 RUDOLF STINGEL Untitled (Bolego) £782,500 / $1,197,225 / €915,525
13 ANDY WARHOL Skull £698,500 / $1,068,705 / €817,245
5 UGO RONDINONE If There were Anywhere but Desert. Friday £410,500 / $628,065 / €480,285
3 TAUBA AUERBACH Untitled (Fold) XV £386,500 / $591,345 / €452,205
8 CINDY SHERMAN Untitled Film Still #36 £302,500 / $462,825 / €353,925
16 JEAN-MICHEL BASQUIAT Untitled £242,500 / $371,025 / €283,725

PHILLIPS:
As the only international auction house to concentrate exclusively on contemporary culture, Phillips has established a commanding position in the sale of Contemporary Art, Design, Photographs, Editions and Jewelry. Through the passionate dedication of its team of global specialists, the company has garnered an unparalleled wealth of knowledge of emerging market trends. Phillips conducts auctions in New York and London and has representative offices throughout Europe and in the United States. For more information, please visit: phillips.com.

– END–

Contacts:

LONDON
Alex Godwin-Brown
Communications and Marketing Manager
[email protected]
+ 44 20 7318 403 6

NEW YORK
Tiana Webb Evans
Director of Communications, New York
[email protected]
+1 212 940 1207