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Phillips’ July Sale of Modern & Contemporary Art Realizes $2.9 Million
Auction Led by Salvador Dalí, with Strong Prices Achieved for Alex Katz, Alexander Calder, and Chantal Joffe
New York, 17 July 2024 Sale Total: $2,908,903 / £2,236,239 / €2,659,659
Nina Piro, Specialist, Associate Vice President, said, “Our second annual July auction of Modern & Contemporary Art brought together a wonderful selection of works that spanned the breadth of artistic movements from the past century. Salvador Dalí’s work on paper, Saint Georges et le dragons, led the auction at $222,250, while Marc Chagall’s Les amoureux sur le divan nearly doubled its estimate at $95,250. Examples by Alex Katz performed exceptionally well, with all three of his works figuring prominently in the top ten. The group was led by Nine Women 6 at $114,300, which sold against an estimate of $60,000-80,000. Chantal Joffe’s Ivana also saw spirited bidding with the work ultimately realizing more than five times its estimate at $38,100. We wish our community of collectors a wonderful summer and remind those in New York to visit 432 Park Avenue for our upcoming exhibition Lynne Drexler's Garden: Works from the 1950s-1990s, opening on 25 July.”
Top Ten Lots
New Auction Records
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Exchange Rate on 17 July 2024: US$1 = £0.7689, €0.9148, HK$7.8075
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 Jewels. 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: NEW YORK – Jaime Israni, Head of PR and Corporate Communications, Americas jisrani@phillips.com
PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022 PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX PHILLIPS HONG KONG – G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon |
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