Press | Phillips

Phillips’ December New Now Sale Realises £4.2 Million

Nine New Auction Records Set, Including those for Xie Lei, Cathrin Hoffmann, and Gary Simmons

London, 6 December 2023

Sale Total: £4,253,935 / $5,361,660 / € 4,966,044

Lots Sold: 144 | Lots Offered: 177

Sold by Lot: 81% | Sold by Value: 88%

Charlotte Gibbs, Associate Specialist, Head of New Now, said, “We are pleased with today's result of over £4.2 million. The prices realised emphasise the steady global demand for both established artists and contemporary talents. We saw strong depth of bidding from over 600 participants taking part in the sale from 46 countries worldwide. Our top ten features renowned names such as Peter Halley, Andy Warhol and Robert Colescott, alongside cutting-edge artists such as Emma Webster and Chloe Wise. Five artists made their auction debut, and nine auction records were achieved for artists including Xie Lei, among others. Wynnie Mynerva’s auction debut result of £139,700 is particularly exciting. The enthusiasm for Gary Simmons' Bows and Bones, which features in the top ten, propelled it past the £20,000 high estimate to an impressive £114,300, surpassing the previous record set last month. Phillips remains at the forefront of emerging and contemporary art with New Now a cornerstone of the category. We are thrilled to conclude Phillips' live auction season in London on such a positive note and look forward to carrying this momentum into our London 20th Century and Contemporary Art spring sales.”

Top Ten Lots

Lot	Description	Estimate	Price Achieved
29	Peter Halley, Soul Control, 1991	£100,000 – 150,000	£254,000 $320,142/€296,520
32	Banksy, Girl With Balloon, 2004	£120,000 – 180,000	£215,900 $272,120/€252,042
25	Andy Warhol, Portrait of a Lady (Natalie Sparber), 1984	£150,000 – 200,000	£190,500 $240,106/€222,390
17	Robert Colescott, Miscegenation, 1975	£150,000 – 250,000	£152,400 $192,085/€177,912
21	Wynnie Mynerva, Bailo mi ritmo, pero no me detengo, 2022	£8,000 – 12,000	£139,700 $176,078/€163,086
7	Lynette Yiadom-Boakye, Radiowave, 2008	£60,000 – 80,000	£133,350 $168,074/€155,673
6	Emma Webster, Background’s Backdrop, 2020	£60,000 – 80,000	£130,810 $164,873/€152,708
161	Gary Simmons, Bows and Bones, 1992 WORLD AUCTION RECORD	£15,000 – 20,000	£114,300 $144,064/€133,434
18	Chloe Wise, Anonymous Now, 2019	£50,000 – 70,000	£101,600 $128,057/€118,608
27	George Condo, Gray Portrait (The End of Vietnam), 1989	£70,000 – 100,000	£88,900 $112,050/€103,782

New Auction Records

Lot	Description	Estimate	Price Achieved
2	Xie Lei, Swallow, 2021	£6,000 - 8,000	£13,970 $17,608/€16,309
	*previous record price: 5,292 EUR set in 2022
66	Cathrin Hoffmann, Where To Save The Swords, 2021	£12,000 - 18,000	£15,240 $19,208/€17,791
	*previous record price: 11,430 GBP set in 2023
161	Gary Simmons, Bows and Bones, 1992	£15,000 – 20,000	£114,300 $144,064/€133,434
	*previous record price: 119,700 USD set in 2023

*Lots 78, 101 and 103 were sold after the lot closed, whilst the sale was ongoing and is therefore included in the total sale result.

Exchange Rate on DAY MONTH YEAR: GBP£1 = USD$1.2604, EUR€1.1674

07 December 2023

Phillips’ December New Now Sale Realises £4.2 Million