Press | Phillips

28 June 2016

Phillips' Day Sale of 20th Century and Contemporary Art Realises £4,938,125

20th Century & Contemporary Art Day Sale
London, 28 June 2016

Sale Total: £4,938,125 / $6,468,944 / €5,876,369

COMBINED TOTAL FOR EVENING & DAY SALES: £16,811,125/ $22,141,304/ €20,123,969

Lots Sold: 128 | Lots Offered: 181
Sold by Lot: 71% | Sold by Value: 70%

Henry Highley, Head of Day Sale, said, “Following last night’s Evening Sale, today’s results reaffirmed the stability of the global art market at every price level. We were pleased that Yesookyung’s Translated Vase set a world record. And we were especially excited with the result of Yue Minjun’s Untitled (Magritte Stone), which sold for about nine times its estimate to an international buyer using our mobile app, representing the highest price for a work of art sold via Phillips’ mobile technology. In fact, about 25% of the total lots sold today were purchased online -- representing more than a third of the total value -- signaling the accessible and global nature of the 21st century art market.”

TOP TEN LOTS

Lot  

Description

Estimate

Price Achieved

122

Yue Minjun, Untitled (Magritte Stone), 2006

£100,000 - 150,000

£965,000/ $ 1,264,150/

€1,148,350

148

Damien Hirst Beautiful Catequil Negativism Painting for Nick (with Diamonds), 2011

£120,000 - 180,000

£209,000/ $273,790/

€248,710

116

Nam June Paik Watchdog II, 1997

£140,000 - 180,000

£173,000/ $226,630/

€205,870

157

Tony Cragg, R.A. Points of View, 2007

£150,000 - 200,000

£125,000/ $163,750/

€148,750

165

Piero Dorazio I Tatti, 1960

£80,000 - 120,000

£93,750/ $122,813/

€111,563

107

Seth Price Untitled, 2010

£60,000 -  80,000

£87,500/ $114,625/

€104,125

118

Yayoi Kusama Pumpkin, 1993

£40,000 - 60,000

£87,500/ $114,625/

€104,125

155

Sir Antony Gormley MEME CCXCVIII, 2013

£30,000 - 50,000

£87,500/ $114,625/

€104,125

175

Keith Haring Subway Drawing, 1982-83

£15,000 - 20,000

£85,000/ $111,350/

€101,150

194

Rashid Johnson Love Souls, 2010

£40,000 - 60,000

£81,250/ $106,438/

€96,688



NEW AUCTION RECORDS

Lot

Description

Estimate

Price Achieved

 

113

 

Yeesookyung, Translated Vase , 2010

 

£15,000 - 20,000

 

£25,000         / $32,750/

€29,750

247

 

Daniel Silver,  Untitled,  2010

 

£3,000 - 5,000

£10,875/ $14,246/

€12,941

 

250

 

JPW3, R Charm , 2014

 

£6,000 - 8,000

 

£7,500/ $9,825/

€8,925

 

258

 

Marianne Vitale, Shingle Painting 8, 2013

 

£7,000 - 9,000

 

£10,625/ $13,919     /

€12,644

 

270

 

Leiko Ikemura, Head, 2008

 

£15,000 20,000

 

£18,750/ $24,563/

€22,313


*Lot 129 was sold immediately after it was offered on the rostrum. 

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 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.

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

PRESS CONTACTS:
NEW YORK - Michael Sherman, Chief Communications Officer | msherman@phillips.com | +1 212 940 1384
LONDON - Katie Carder, Press Manager kcarder@phillips.com +44 (0) 20 7901 7938

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