Phillips held a lackluster sale to coincide with the Armory Week fairs in New York. The 26-lot evening sale had a 57% sell through and the day sale may have struggled to reach that figure. Phillips hasn’t released sales totals. Nor does it look like the firm is likely to. Not a great strategy for dealing with a sale that may the last vestige of the old regime.
Update: $4,404,938/£3,171,555/€4,052,543, selling 51% by lot
TOP LOTS:
- 4 Jean-Michel Basquiat, Untitled, 1983, $257,000/£185,040/€236,440
- 18 Alex Israel, Untitled (Flat), 2011, $221,000/£159,120/€203,320
- 7 Elizabeth Peyton, Star, Elliott, 1999, $209,000/£150,480/€192,280
- 11 Seth Price, Untitled (Pearlescent White Jacket), 2005, $197,000/£141,840/€181,240
- 13 Yoshitomo Nara, Household Dog, 2000, $185,000/£133,200/€170,200
- 5 KAWS, NYT, 2013, $161,000/£115,920/€148,120
- 137 George Condo, Expanding Color Painting, 1987, $149,000/£107,280/€137,080
- 19 Neil Jenney, Atmosphere, 1977-85, $100,000/£72,000/€92,000
- 126 Jean-Michel Basquiat, Untitled, 1987, $93,750/£67,500/€86,250
- 22 Ghada Amer, Grey Iman, 2001, $81,250/£58,500/€74,750
- 128 Urs Fischer, Thinking About My Grandmother, 2004, $81,250/£58,500/€74,750
Phillips press department has released sale totals, statistics and estimates. (This comes after the press department objected to the above characterization of the lack of information. It should be noted that results were posted sometime after Tuesday morning. But those posted results did not include sales statistics or estimate ranges.)
EVENING SALE:
Total, inc. premium: $1,730,000
57% by lot
13 lots sold/23 lots offered
Presale estimate: $2,830,000 – $4,110,000
DAY SALE:
Total, inc. premium: $2,669,813
49% sold by lot
131 lots sold/266 lots offered
Presale estimate: $3,883,000 – $5,578,000
