Phillips' Evening Sale of 20th Century & Contemporary Art realizes $134.6 million
The First Art Newspaper on the Net    Established in 1996 Thursday, December 26, 2024


Phillips' Evening Sale of 20th Century & Contemporary Art realizes $134.6 million
Tracey Emin, Saturated in Your Love, 2020. Image courtesy of Phillips.



NEW YORK, NY.- Out of the gate, Amy Sherald’s The Bathers shattered previous auction records more than tenfold to achieve a remarkable $4,265,00, nearly 30 times the presale estimate with nearly 15 minutes of bidding. Titus Kaphar’s Veil achieved $365,400, five times its presale estimate, and Matthew Wong’s Before Night Falls achieved $1,252,100, more than tripling the presale estimate; demonstrating Phillips continuing strength in emerging artists markets.




Hockney’s Nichols Canyon sold for a ground-breaking $41,067,500, setting a record for a landscape by the artist -- this price calibre is typically reserved for his figurative works but the rarity and truly exceptional nature of this landscape has shattered that notion. Clyfford Still’s remarkable PH-407, which achieved $18,442,500, is a rare monumental work from his Maryland period, and it’s one of only a few dozen works by the artist to remain in private hands. Basquiat’s Portrait of A-One AKA King sold for $11,500,000, marking the first time this work has come to market in 30 years. The painting is an exemplary work from the apex of Basquiat’s career, painted in 1982 when he was producing important works of art. We set a world record for Kehinde Wiley’s Portrait of Mickalene Thomas, the Coyote, achieving $378,000, tripling the presale estimate while Mickalene Thomas’ I’ve Been Good To Me, achieved $901,200, quadrupling the presale estimate for the work.”

Edward Dolman, CEO, said, “Tonight marks a stunning achievement for Phillips where we have achieved the highest sale total for a New York auction in the company’s history. Tonight’s sale total marks a nearly 25% increase over last fall’s 20th Century & Contemporary Sale and amid a truly unprecedented year that saw myriad challenges to the art market and the auctions. At Phillips we have long had a digital first strategy that has borne out: the live auction event as we knew it has been reimagined and transformed, with the excitement and energy of the auction room being telegraphed worldwide from our custom designed studio set in London, including a live video feed from New York and bidding feeds from around the globe. This achievement comes on the heels of another record setting auction in Hong Kong, and we have seen continued growth in that market.”

Jean-Paul Engelen and Robert Manley, Worldwide Co-Heads of 20th Century & Contemporary Art, jointly said, “We are thrilled to be ending an unprecedented year so strongly; nine months after the initial shut down that threw the live auction world into uncertainty we have just had one of the strongest sales in Phillips’ history. This success is testimony to the strength of our team and the deep relationships we have with our collectors, forged over decades of expertly bringing the best works to market with the creativity and dynamism for which Phillips is known. The sale was one of our most diverse and we were pleased to see five artists of color achieve worldwide auction records this evening.










Today's News

December 9, 2020

Long-lost Flemish masterpiece discovered in Brussels district hall

Man who found hidden treasure in the Rocky Mountains is revealed

Phillips' Evening Sale of 20th Century & Contemporary Art realizes $134.6 million

Supreme Court hears Holocaust survivors' cases against Hungary and Germany

Freeman's best Fine Art sale since 2004 achieves $5.2 million

Christie's announces December Design Auction in New York

Hindman once again exceeds estimates in second Antiquities, Islamic & Indian Art Auction

Yoko Ono urges gun control on 40th anniversary of John Lennon's death

First exhibition in Russia dedicated to Cecil Beaton opens at the State Hermitage Museum

The Steve Turner Collection of African Americana once again exceeds estimates at Cowan's Auctions

A quarantine project is a thank-you to nurses

Al Held's first solo presentation in London since 2008 on view at White Cube

Milwaukee Art Museum names Robert Stein as Deputy Director and Chief Experience Officer

Terra Foundation adds Huey Copeland and Clare Muñana to board of directors

A costly quip angers Chinese moviegoers, and a film gets yanked

Leading photography gallery Higher Pictures Generation opens in DUMBO

Tiwani Contemporary now representing Umar Rashid (Frohawk Two Feathers)

'A Suitable Boy' finally finds its perfect match: Mira Nair

New York Philharmonic musicians agree to years of pandemic pay cuts

Independent musicians thrive as pandemic silences Bollywood

Natalie Desselle, comedic heart of 'BAPS' and 'Eve,' dies at 53

Prinseps break auction records for Bhanu Athaiya and Atul Bose

Tatjana Pieters presents an exhibition of works by Indrikis Gelzis

Gallery representing upcoming European talent opens in London's West End

10 Ways to Improve Your Painting Skills

The Algorithm of How to Buy Essay Online Cheap

Going on a Magical Adventure with Photographer and Author Michael Blanchard in His New Book 'Through A Sober Lens

How do I know if I have a wrongful death case

Types of warranties on cars

How does commercial electrical estimating work?

Step by step brief guide to becoming a professional building estimator




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
(52 8110667640)

Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Attorneys
Truck Accident Attorneys
Accident Attorneys
Houston Dentist
Abogado de accidentes
สล็อต
สล็อตเว็บตรง
Motorcycle Accident Lawyer

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site Parroquia Natividad del Señor
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful