Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Phillips Brings Back a Twombly for an Upgrade

October 7, 2015 by Marion Maneker

Cy Twombly, Untitled (8-12m GBP)
Cy Twombly, Untitled (8-12m GBP)

This late Twombly from 2006 was sold by Phillips in 2011 for $9m, a hefty sum for a late work when before the artist’s prices began to rise dramatically. Now, after a public and private sale of early blackboard paintings for $60+m and the appearance of another blackboard in the same range this Fall at Sotheby’s in New York, Phillips has gone back to the buyer and procured the painting for its Frieze sale with an estimate of  £8-12m (effectively priced at 50% more in four years.)

Cy Twombly, Untitled (8-12m GBP)

More from Art Market Monitor

  • The Art World Takes the Fame Out of the FamousThe Art World Takes the Fame Out of the Famous
  • You Call That Affordable?You Call That Affordable?
  • Le Gallerie dell’Accademia di Venezia Announces Philip Guston Show for MayLe Gallerie dell’Accademia di Venezia Announces Philip Guston Show for May
  • Artelligence Podcast: Herrick Feinstein’s Victor J. Rocco Explains How to Handle an Investigation of Your GalleryArtelligence Podcast: Herrick Feinstein’s Victor J. Rocco Explains How to Handle an Investigation of Your Gallery
  • Thomas Moran Watercolor Sells for $1.7m in NCThomas Moran Watercolor Sells for $1.7m in NC
  • Christie's Photographs (Highlights)Christie's Photographs (Highlights)

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...