Taipei Dandai Announces Participating Galleries; Phillips New Now = $6.4m; What an Art Fair Costs
Phillips New Now Makes $6.4m Led by Kaws
Four of the top ten lots at Phillips New Now sale that made $6.4m were by Kaws whose lots totaled more than $1m, a significant portion of the sale. Kaws himself remarked on Instagram that one of the works sold was effectively stolen:
One day I switched most of the bus shelter ad’s on Houston St. to French ad’s I stole and painted over in Paris the week before. It’s up for auction today. The auction provenance says “acquired directly from the artist” I’m not sure if stealing something off the street is considered getting it directly from the artist
There were also strong, if minor, prices for some former art world darlings we haven’t heard from recently like Lisa Yuskavage, Enoc Perez, Barnaby Furnas, Frederick Hammersley, and Jean-Baptiste Bernadet.
A work by Beaufort Delaney made five times the high estimate when it sold for $150k. Yayoi Kusama’s Butterfly sold for $375k which was 50% above the high estimate. A Glenn Ligon painting doubled the high estimate to sell for $82,500.
Sign up to Art Market Monitor Premium today
You need a membership to AMMpro to view this article and other exclusive content daily.
You can register today for $90 per month—with your first month free!—or for $756 per year (no free trial period.)
If you already have an account, sign in here: