Phillips has a painting by Peter Doig that it expects to exceed the artist’s record of $25.925m:

Phillips is pleased to announce that Peter Doig’s Rosedale will be offered as the top lot in the May Evening Sale of 20th Century & Contemporary Art in New York on 18 May. The large-scale painting was executed in 1991 and stands nearly seven feet tall by eight feet wide, depicting a Toronto home through a tapestry of snow and tree branches. Expected to realize in excess of $25 million, the work has never been publicly offered and is poised to set a new auction record for the artist.

Jean-Paul Engelen and Robert Manley, Worldwide Co-Heads of 20th Century & Contemporary Art, said, “Rosedale is a fresh-to-the-market masterpiece, emblematic of Doig’s instantly recognizable style and painted in the pivotal years of his career. This is the most impressive work by the artist to be offered at auction in recent years and we’re delighted to include it as the star lot of our May Evening Sale. Whitechapel Gallery’s recent announcement that he has been awarded their title of Art Icon for 2017 underscores Doig’s tremendous artistic significance and his continued contributions to the field of contemporary art.”