05 December 2018

Highest Result for a New Now Sale in London                    

London, 5 December 2018

Sale Total: £3,686,500/ $4,710,978 / €4,148,787

Lots Sold: 212| Lots Offered: 252

Sold by Lot: 84% | Sold by Value: 91%

 

Simon Tovey, Head of the New Now Sale in London, said: “What a way to end the season! Marking the highest ever result for a New Now sale in London and with solid sell-through rates of 91% by value and 84% by lot, we saw notably strong prices achieved for works by Daniel Richter, KAWS, and Peter Halley. This fantastic result marks the mounting international appeal for works by both emerging and established artists alike. We’re especially pleased to have set a new world auction record for Stik’s 'Big Mother', which sold for over seven times its pre-sale estimate, selling for £193,750 with proceeds going to a very worthy cause.”

 

 

TOP TEN LOTS

Lot

Description

Estimate

Price Achieved

16

Daniel Richter, Süden, 2002

£200,000 - 300,000

£321,000

$410,206/€361,253

14

Stik, Big Mother, 2014

World auction record for the artist

£25,000 – 35,000

£193,750

$247,593/€218,046

7

KAWS, Untitled (MBFM8), 2015

£150,000 - 250,000

£175,000

$223,633/€196,945

17

Peter Halley, Six Prisons, 2009

£60,000 - 80,000

£125,000

$159,738/€140,675

30

Antony Gormley, Exposure Maquette, 2007

£30,000 – 50, 000

£100,000

$127,790/€112,540

20

Gerhard Richter, War Cut II, 2004

£50,000 - 70,000

£93,750

$119,803/€105,506

19

Secundino Hernández, Untitled, 2017

£40,000 - 60,000

£77,500

$99,037/€87,219

15

Ichwan Noor, The Beetle Sphere, 2013

£55,000 - 75,000

£75,000

$95,843/€84,405

52

Max Bill, Doppelfarben (Im Kreuz 1:2:3:4), 1968

£15,000 – 50,000

£75,000

$95,843/€84,405

70

Carlos Cruz-Diez, Color Aditivo Permutable Serie D, 1982

£50,000 - 70,000

£62,500

$79,869/€70,338


NEW AUCTION RECORDS

Lot

Description

Estimate

Price Achieved

14

Stik, Big Mother, 2014

£25,000 – 35,000

£193,750

$247,593/€218,046

 

*previous record price: £150,000 set in 2018

59

Howard Tangye, Evergreen, 2015

£8,000 – 12,000

£16,250

$20,766/€18,288

 

*previous record price: £9,375 set in 2017

148

Richard Wentworth, Profit & Loss, 1985

£1,500 – 2,000

£6,000

$7,667/€6,752

 

*previous record price: £4,800 set in 2006

194

Tim Parchikov, Burning News, 2018

£5,000 – 7,000

£8,125

$10,383/€9,144

 

*previous record price: £7,500 set in 2014


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.

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LONDON - Katie Carder, Head of Press, Europe                                      kcarder@phillips.com                +44 20 7901 7938

 

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