Phillips’ Evening & Day Editions Auction Realises £4.2 Million
World Auction Records Set for Keith Haring and Ed Ruscha
London, 17 & 18 January 2024 Sale Total: £4,221,607 / $5,352,576 / €4,922,816
Rebecca Tooby-Desmond, Specialist, Head of Sale, and Auctioneer, said, “We’re delighted to announce the success of our first live auction of 2024, achieving an impressive £4.2 million and sell-through rates of 96% by value and 93% by lot. These results underscore Phillips’ position at the forefront of the Editions market and the strength of our unparalleled offering. We saw enthusiastic bidding from collectors in our busy saleroom, as well as via phone and online from over 1050 participants spanning 48 countries worldwide. A special highlight was the exceptional interest and spirited international bidding for works from the Archive of Edition Schellmann, leading to prices that soared over the high estimates. Notably, four of the top ten works sold came from the Archive of Edition Schellmann, with Keith Haring’s iconic Totem taking the lead. We are particularly pleased with the strong results achieved for iconic and rare to market works by Andy Warhol as well as innovative, boundary-pushing editions by Ed Ruscha, Donald Judd, and Daniel Buren. Phillips continues to redefine the Editions category, and we are thrilled to have begun 2024 on a high note. We look forward to continuing this momentum in New York with our live Editions auction and our exceptional sale of Works form the James Rosenquist Estate, both of which will take place on 15 February.”
Top Ten Lots
New Auction Records
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*Lots 40, 48 and 154 were sold after the lot closed, whilst the sale was ongoing and is therefore included in the total sale result.
Exchange Rate on 17 January 2024: GBP£1 = $1.2679, €1.1661
ABOUT PHILLIPS Phillips: where the world’s curious and bold connect with the art, design and luxury that inspires them. As a leading global platform for buying and selling 20th and 21st century works, Phillips offers dedicated expertise in the areas of Modern and Contemporary Art, Design, Photographs, Editions, Watches, and Jewelry. Auctions and exhibitions are primarily held in New York, London, Geneva, and Hong Kong, with representative offices based throughout Europe, the United States and Asia. Phillips offers a regular selection of live and online auctions, along with items available for immediate purchase. Phillips also offers a range of services and advice on all aspects of collecting, including private sales and assistance with appraisals, valuations, and financial planning. Visit phillips.com for further information.
*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.
PRESS CONTACTS: LONDON – Katie Carder, Head of Press and Corporate Communications, Europe kcarder@phillips.com LONDON – Anna Chapman, Press & Strategic Partnerships Officer achapman@phillips.com
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