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  • Posts Tagged ‘Phillips’

    2022 – A YEAR WHEN RECORDS TUMBLED ALL OVER THE SHOP

    Friday, December 30th, 2022
    Andy Warhol’s Shot Sage Blue Marilyn

    That was the year that was. With more than €16 billion worth of sales at the worlds three biggest auction houses – Christie’s, Sotheby’s and Phillips – 2022 broke all sorts of records. Consolidated sales at Sotheby’s are projected to reach $8 billion, the highest in its 278 year history. One single owner sale at Christie’s made $1.5 billion and millions of people all around the world tuned in to livestreamed auctions to see paintings like Andy Warhol’s Shot Sage Blue Marilyn sell for $195 million at Christie’s in May to become the most expensive 20th Century artwork ever sold at auction. The market was driven by fresh to market single owner collections like that of Microsoft co-founder Paul G. Allen whose collection – not yet entirely sold – has already made $1.5 billion. Phillips’s total sales reached $1.3 billion. Its highest-valued lot was an untitled painting by Jean-Michel Basquiat of a horned devil which sold in New York for $85 million in November.

    It is an exciting time for the market as the year turns. The burning question is: What will 2023 bring?

    A HOCKNEY FOR ALL SEASONS AT PHILLIP’S IN LONDON

    Wednesday, July 20th, 2022
    David Hockney, Afternoon Swimming, 1979.

    An auction dedication to art, editions and photographs by David Hockney will take place at Phillips in London on September 13. Robert Kennan, Head of Editions, Europe, said, “This sale looks to celebrate the achievements of David Hockney to date with a vibrant selection in all media. The auction is an opportunity to acquire a Hockney work at all price points, from entry level works priced at £1000 to those higher value pieces at £250,000 and above. Contemporary edition collecting is something we feel incredibly passionate about and creating curated sales such as David Hockney allows us to engage with our community of collectors, whilst reflecting our innovative approach to meet current collecting demands.”

    Three highlights of the sale, Tyler Dining Room, Celia in a Wicker Chair, and arguably Hockney’s most sought after edition, Afternoon Swimming, come from prominent South African collectors Andrew and Sandy Ovenstone, owners of Stellenberg, Cape Town. This historic house is the last remaining private Cape Dutch homestead in the central southern suburbs of Cape Town and home to world-renowned gardens overseen by Sandy Ovenstone. Proceeds from the will help to fund new acquisitions by contemporary South African artists. Afternoon Swimming from 1979 will leads the auction. Viewing is from September 6-13 at 30 Berkeley Square.

    DURER ETCHING AT PHILLIPS IN LONDON

    Sunday, January 3rd, 2021

    Knight, Death and the Devil an etching produced by Albrecht Dürer in 1513 comes up at Phillips in London on January 21. It is the first time that the firm will offer a work from the 16th century in London. This is one of three large prints that form Dürer’s Master Engravings produced between 1513 and 1514.  Knight, Death and the Devil, accompanied by Melancholia I and Saint Jerome in His Study, are considered to correspond to the three kinds of medieval scholarly virtue – theological, intellectual, and moral. The engraving is estimated at £20,000-30,000.

    The 272 lots in the sale offer examples of Pop, Modern and Contemporary editions as well as pieces from key periods of art history. Among them are Roy Lichtenstein’s Reverie from 1965 and two screenprints in colour by Andy Warhol: Queen Elizabeth II of the United Kingdom, from Reigning Queens (Royal Edition), 1985 and Mickey Mouse, from Myths, 1981.

    Albrecht Dürer
    Knight, Death and the Devil. UPDATE: THIS SOLD FOR £47,880