Press | Phillips

28 June 2024

Phillips’ June Editions & Works on Paper Auction Sees Strong Prices for Post-War and Contemporary Masters

Phillips’ June Editions & Works on Paper Auction Sees

Strong Prices for Post-War and Contemporary Masters

 

Records Set for Works by Joan Mitchell, Louise Nevelson, Anni Albers, and

Carmen Herrera, Among Others

 

New York, 27 June 2024

Sale Total: $997,966 / £789,554 / €932,118

 

Lots Sold: 165 | Lots Offered: 180

Sold by Lot: 92% | Sold by Value: 90%

 

 

Cary Leibowitz and Kelly Troester, Worldwide Co-Heads of Editions and Deputy Chairpersons, Americas, said, “It has been a delight to present a diverse range of works in our June Editions & Works on Paper sale, bringing together both blue chip and emerging artists. We were particularly thrilled by the outstanding performance of works by women artists working in abstraction. Notable highlights include the records achieved for Louise Nevelson, Anni Albers, and strong results for Lee Krasner and Joan Mitchell’s Tree 1, which saw spirited bidding and soared to over ten times the presale low estimate. The sale included 34 fresh-to-market works and achieved 19 world record prices, with enthusiastic bidding setting records for Man Ray, Max Ernst, and Georges Braque. Over 1,400 lots were offered this spring season, resulting in an impressive 94% sold by value and 90% sold by lot across our New York and London sales, and totaling over $18.2 million, underscoring the strength of our global Editions team. We are also excited about our first foray into Editions in Hong Kong, which was met with resounding enthusiasm, and look forward to an equally dynamic fall season.”

 

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

74

Raymond Pettibon, No Title (Hermosa Beach), 2019

$40,000 - 60,000

$50,800

158

Andy Warhol, Mao (S. 1972.07, F. & S. 98), 1972

$30,000 - 50,000

$44,450

179

Andy Warhol, Uncle Sam, from Myths (F. & S. 259), 1981

$30,000 - 40,000

$40,640

25

Joan Mitchell, Tree I, 1993

$4,000 - 6,000

$40,640

4

Carmen Herrera, Verde y Negro (Green and Black), 2017

Auction Debut for the Complete Set

$25,000 - 35,000

$27,940

84

Alex Katz, Yvonne, from Black Dress (S. 539), 2015

$12,000 - 18,000

$25,400

173

Andy Warhol, Poinsettias (F. & S. IIIA.50), 1983

$6,000 - 9,000

$24,130

160

Roy Lichtenstein, Red Lamp (C. 279), 1992

$15,000 - 25,000

$24,130

21

Anish Kapoor, Red Shadow, 2016

$15,000 - 20,000

$20,320

143

Julian Opie, Coffee, from Old Street Walkers, 2022

Auction Debut

$10,000 - 15,000

$19,050

 

New Auction Records

Lot

Description

Estimate

Price Achieved

25

Joan Mitchell, Tree I, 1993

$4,000 - 6,000

$40,640

 

*previous record price: $18,900 set in 2023

173

Andy Warhol, Poinsettias (F. & S. IIIA.50), 1983

$6,000 - 9,000

$24,130

 

*previous record price: $21,018 set in 2008

1

Ugo Rondinone, Sun 5, from Sun Portfolio, 2019

$10,000 - 15,000

$19,050

 

*previous record price: $16,544 set in 2022

73

Robert Longo, Untitled (Ariane), 2010

$7,000 - 10,000

$17,780

 

*previous record price: $17,059 set in 2017

28

Louise Nevelson, Night Blossom (B. 126), 1973

$4,000 - 6,000

$13,970

 

*previous record price: $10,625 set in 2009

22

Richard Serra, Xavier (G. 1967, B.-W. 164), 2003

$4,000 - 6,000

$10,795

 

*previous record price: $6,250 set in 2010

8

Anni Albers, TR I (G. 211, W. & D. 25), 1970

$3,000 - 5,000

$8,890

 

*previous record price: $5,000 set in 2021

57

Georges Braque, La Danse (The Dance) (V. 25), 1934

$1,500 - 2,500

$5,334

 

*previous record price: $4,687 set in 2006

112

Glenn Ligon, Boy on Tire (R. p. 197), 2004

$2,500 - 3,500

$5,080

 

*previous record price: $4,000 set in 2022

58

Man Ray, Still Life [Interior] (A. 10), 1916/1969

$700 - 1,000

$2,794

 

*previous record price: $1,544 set in 2018

60

Max Ernst, À Nouveau Loplop (Again Loplop "Bird Superior"), 1975

$400 - 600

$1,143

 

*previous record price: $843 set in 2022

 

Exchange Rate on 27 June 2024: US$1 = £0.7912, €0.9340, HK$7.8094

 

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  

 

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