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Phillips de Pury & Co. announces highlights from its November Contemporary Art Auctions
Andy Warhol, Nine Jackies, 1964. Acrylic and silkscreen ink on linen, on nine canvases, overall: 60 x 48 in. (152.4 x 121.9 cm). Each respectively stamped by the Estate of Andy Warhol and numbered PA 56.135, 56.136, 56.138, 56.139, 56.142, 56.144, 56.149, 56.150, 56.151 on the reverse. Estimate: $10,000,000 - 15,000,000.

NEW YORK, NY.- Phillips de Pury & Company presents highlights from its New York Contemporary Art auctions with a combined low estimate of $86,359,000 and high estimate of $130,026,000.

“We are thrilled to present an outstanding selection of masterworks to today’s robust market. Our knowledgeable team of international specialists has allowed us to offer extraordinary works that we are confident will deliver stellar auction results.” Zach Miner, Head of Contemporary Art Evening Sales New York

The Evening sale is comprised of 37 lots with a low estimate of $76,420,000 and a high estimate of $115,630,000. Evening sale highlights include:

ANDY WARHOL, Mao, 1973, $12,000,000 – 18,000,000 and Nine Jackies, 1964, $10,000,000 -15,000,000. Phillips will offer two iconic works by master of Pop Art, Andy Warhol. Bridging two tumultuous decades in world history, Warhol produced these indelible images that shape of vision of the times and represent themes that were central to the artist throughout his career: notoriety and tragedy. Mao, 1973, rendered in stunning red, blue and yellow, is a visual tour de force and is among the best works from the artist’s lauded Mao series. Nine Jackies, 1964, is a touching and moving portrait of First Lady Jackie Kennedy mourning the death of her husband. The multi-paneled work is a testament to Warhol’s unparalleled ability to distill a definitive historical event into an image brimming with personal empathy.

JEAN-MICHEL BASQUIAT, Humidity, 1982, $12,000,000-18,000,000. Jean-Michel Basquiat’s Humidity, 1982, is among the artist’s seminal works produced during the height of his intensity of vision. Composed of a central haloed figure with wide eyes and outstretched arms (that some have speculated is a depiction of the artist’s mentor Andy Warhol) who is flanked by a grinning attendant, Humidity is a an arresting and forceful depiction of spiritual triumph and ecstasy. Executed in a palette that shares affinity to Picasso and de Kooning, Humidity is Basquiat in his most radiant period. Untitled (Self-portrait), 1982, $2,500,000 – 3,500,000 is a rare and exquisite rendering of the artist executed on paper. Basquiat envisioned himself as a celestial-like being composed of a pure energy that is transformed into color and line. Vibrant reds and electric blues intermingle with symbols of esoteric meaning.

GERHARD RICHTER, Kegel (Cone), 1985, $15,000,000-18,000,000. Gerhard Richter is recognized as one of the preeminent painters of all time. His artistic evolution throughout the decades has produced mesmerizing, evocative, and poetic works that culminate into a complete and visually complex oeuvre. Oscillating between figuration and abstraction, Richter returns to and builds upon his own archive of creative production, continually referring to and combining techniques. His intellectually rigorous practice imbues a physical and emotive layer to each of his works. Kegel (Cone), 1985, is one of the most vibrant and luminous expressions of Richter’s power and evidences its creator’s title as the master painter of the late Twentieth Century.

ALEXANDER CALDER, The Whiffletree, circa 1936, $3,500,000 -5,000,000 and Model for Rosenhof, 1953, $3,000,000 - 4,000,000. As one of the most widely recognized and celebrated modern artists, Alexander Calder’s work is beloved by millions. Calder’s “mobiles”, begun in the late 1930s, are the definitive sculptural works of the twentieth century. The Whiffletree, circa 1936, is an rare and exquisite example of the kinetic elegance for which Calder is known. Model for Rosenhof, 1953 demonstrates the artist in full command of his media, composing a soaring landscape of mountain and clouds from earthbound materials of sheet metal and wire.

The Day sale is comprised of 167 lots with a low estimate of $9,939,000 and a high estimate of $14,396,000. Day sale highlights include:

RICHARD PRINCE, Untitled, 2010, estimated at $500,000 - 700,000; YOSHITOMO NARA, The Planet Doll, 1993, estimated at $400,000 - 600,000; GEORG BASELITZ, Die Spitzen – Das Prinzip der inneren Notwendigkeit IV, 2000, estimated at $350,000 - 550,000; ARSHILE GORKY, Untitled, 1945, estimated at $300,000 - 400,000; ANDY WARHOL, Diamond Dust Shoes, 1980 estimated at $200,000 - 300,000; ENOC PEREZ , Institute for International Visual Arts, London, 2008, estimated at $200,000 - 300,000; GERHARD RICHTER , Grün Blau Rot 789-5, 1993, estimated at $200,000 - 300,000; JEAN MICHEL BASQUIAT, Untitled (It's All The Same), circa 1984-1985, estimated at $200,000 - 300,000; JUAN MUNOZ , Two Ballerinas, 1989, estimated at $200,000 - 300,000; PIOTR UKLANSKI , The Nazis, (Set A), 1999, estimated at $150,000 - 200,000; KELLEY WALKER , Untitled, 2007 estimated at $150,000 - 200,000; URS FISCHER, Untitled (Table), 2003, estimated at $80,000 - 120,000; and ROB PRUITT, Sleepy and Content, 2004, estimated at $30,000 - 50,000.

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November 7, 2012

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