Art Market Monitor

Global Coverage ~ Unique Analysis

PdP Latin Am = $3.2m

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Phillips de Pury & Company’s Latin America Sale made $ 3,230,250, selling 76% by lot 

Top Ten Lots:

10 ANTONIO DIAS,  Free Continent: Natural Richnesses, 1968-1969, $434,500
8 FRANCIS ALŸS,  Untitled (Installation of two works, in collaboration with Emilio Rivera), 1996, $314,500
14 JESÚS RAFAEL SOTO, Orinoco, 1983, $314,500
12 LYGIA PAPE, O olho do guará (No. 13), 1984, $266,500
15 HÉLIO OITICICA, Metaesquema 167, 1958, $242,500
11 LYGIA PAPE , Four elements from the Night and Day Book, 1963/1976, $206,500
9 CILDO MEIRELES, Inserções em circuitos ideológicos, 1970, $200,500
26 ANTONIO DIAS, The Prison,1968, $194,500
25 MIRA SCHENDEL, Notebook, 1971, $98,500
12A WALTÉRCIO CALDAS, Azul de Superfície, 2005, $98,500

Artist Records:

10 ANTONIO DIAS, Free Continent: Natural Richnesses, 1968-1969, $434,500

12 LYGIA PAPE, O olho do guará (No. 13), 1984, $266,500

12A WALTÉRCIO CALDAS, Azul de Superfície, 2005, $98,500

54 EDUARDO HOFFMANN, Untitled (No. 3424), 2012, $74,500

37 MIGUEL RIO BRANCO, Barocco, 1992, $52,500

Phillips de Pury Cont Eve = $79.9m

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$79,904,500 selling 83% by lot

Top Ten Lots:

12 ANDY WARHOL, Mao, 1973, $13,522,500

18 ANDY WARHOL, Nine Jackies, 1964, $12,402,500

8 GERHARD RICHTER, Kegel (Cone), 1985, $12,402,500

10 JEAN-MICHEL BASQUIAT, Humidity, 1982, $10,162,500

7 JEAN-MICHEL BASQUIAT, Self-Portrait, 1982, $4,058,500

13 ALEXANDER CALDER, The Whiffletree, circa 1936, $4,002,500

28 JEAN-MICHEL BASQUIAT, Radium 23, 1982-1983, $3,666,500

20 ALEXANDER CALDER, Model for Rosenhof, 1953, $3,218,500

16 CADY NOLAND, Clip on Method, 1989, $1,762,500

19 JOAN MITCHELL, The Lake, 1981, $1,762,500

 

Artist Records:

7 JEAN-MICHEL BASQUIAT, Self-Portrait, 1982, $4,058,500 (record for a work on paper for this artist)

1 TAUBA AUERBACH, Untitled (Fold), 2010, $290,500

2 RASHID JOHNSON, Fly, 2011, $182,500

3 STERLING RUBY, SP 17, 2008, $626,500

6 DAN COLEN, S & M, 2010, $578,500

Phillips de Pury Cont Day = £4.123m ($6.39m)

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CONTEMPORARY ART DAY SALE TOP TEN LOTS

140 ROBERT LONGO, Black Revolver, £169,250/$262,338

123 YAYOI KUSAMA, Heart, £130,850/$202,818

187 MARC QUINN, Latitudinal Distortion, £103,250/$160,038

145 YOSHIMOTO NARA, The Little Star Dweller, £103,250/$160,038

164 ED RUSCHA, Someone Home, £97,250/$150,738

189 GILBERT & GEORGE, Shag, £97,250/$150,738

169 YAN PEI-MING, Untitled, £85,250/$132,138

105 DAN COLEN, The Big Swirl, £79,250/$122,838

214 JAUME PLENSA, Heart of Tree, £73,250/$113,538

147 TAKASHI MURAKAMI, Superflat Monogram, £73,250/$113,538

 

CONTEMPORARY ART DAY SALE ARTIST WORLD RECORDS

101 MATIAS FALDBAKKEN, Untitled (Canvas #01), £46,850/$72,618

102 JOSH SMITH, Untitled (name), £55,250/$85,638

115 TOMAS SARACENO,   SE 60 Flying Garden, £16,250/$25,188

116 ANDRO WEKUA, Black Sea Surfer, £34,850/$54,018

233 ED TEMPLETON, The Brutality of Belief, £11,875/$18,406

237 JUERGEN TELLER, Go-Sees, £15,000/$23,250

247 GIUSEPPE GABELLONE, Untitled, £11,250/$17,438

347 IGOR GUSEV, Club 27 “Amy”, £12,500/$19,375

Phillips de Pury London Cont Eve = £23.376m

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TOP TEN LOTS

12 JEAN-MICHEL BASQUIAT, Irony of Negro Policeman, £8,161,250/$12,649,938

8 ANDY WARHOL & JEAN-MICHEL BASQUIAT, Olympics, £6,761,250/$10,479,938

19 ANDY WARHOL, Diamond dust shoes, £1,105,250/$1,713,138

11 ANDY WARHOL, Princess Diana, £993,250/$1,539,538

9 ANDY WARHOL, Gun, £802,850/$1,244,418

15 MIQUEL BARCELÓ, De Mars, £713,250/$1,105,538

13 RUDOLF STINGEL, Untitled, £668,450/$1,036,098

6 RICHARD PRINCE, Untitled, (cowboys) £601,250/$931,938

10 GLENN BROWN, Kinder Transport, £481,250/$745,938

7 JOHN CHAMBERLAIN, Opera Chocolates, £421,250/$652,938

Basquiat and Guarantees Bolster Phillips Sale

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Katya Kazakina had these observations on Bloomberg:

  • “Things that are desirable and iconic sell very well,” said Simone Battisti, who recently joined the Gladstone Gallery in New York and Brussels as associate director. “Others don’t.”
  • The seller of Claes Oldenburg’s humorous sculpture “Popsicle, Hamburger, Price” (1961-1962) wasn’t as lucky. The work sold for $458,500, a 27 percent decline from the seller’s purchase price of $632,000 at Christie’s in 2006.
The Master, Judd Tully, does his detailed duty on Artinfo:
  • there was plenty of wonga around for the Willem de Kooning’s handsome, 80-by-70-inch cover lot abstraction, “Untitled VI” (1975), which sold to a telephone bidder for $12,402,500 (est. $10-15 million). New York dealer Robert Mnuchin was the underbidder. The guaranteed de Kooning last sold at auction in May 2000 at Sotheby’s New York for $1,380,750.
  • “Mao” (1973), which sold to New York dealer Hugo Nathan of Simon Dickinson Gallery for $10,386,500 (est. $9-12 million). It last sold at auction in November 1991 at Sotheby’s New York for a hard-to-believe $165,000.
Carol Vogel chatted up Philippe Ségalot and observed this sale:
  • Twombly’s “Untitled (Bolsena),” a canvas of scrawled white lines painted in 1969, was bought by a lone bidder for $5.5 million, or $6.2 million with fees; its low estimate had been $6 million. Still, it was a big price considering that the last time it was on the market, at Sotheby’s in 2004, it sold for $2.9 million.

Basquiat, Schutz Boost $87 Million Phillips de Pury Sale (Bloomberg)

Phillips de Pury & Company Nets $86.9 Million, Crowned by a Record $16.3-Million Basquiat (Artinfo)

Basquiat Painting Brings $16.3m at Phillips Sale (New York Times)

Phillips de Pury NY Cont Eve = $89.9m

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  1. Jean-Michel Basquiat ($8-12m) $16.3m
  2. Willem de Kooning Untitled VI ($10-15m) $12.4m
  3. Christopher Wool, Untitled (S69) ($2.5-3.5m) $4m
  4. Joan Mitchell, Sunflowers ($1-1.5m) $1.65m
  5. Andreas Gursky, Prada II ($500-700k) $782,500 
  6. Dana Schutz, Death Comes to Us All ($300-400k) $482,500
  7. George Condo, The Three Graces ($350-450k) $458,500
  8. Sterling Ruby, Kiss Trap Kismet ($150-200k) $206,500
  9. Seth Price, Repossessed Audi ($50-70k) $92,500
Top Ten

Lot 6 Jean-Michel Basquiat, Untitled, $16,322,500

Lot 19 Willem de Kooning Untitled VI, $12,402,500

Lot 8 Andy Warhol, Mao, $10,386,500

Lot 4 Andy Warhol, Gun, $7,026,500

Lot 25 Cy Twombly, Untitled (Bolsena), $6,242,500

Lot17 Roy Lichtenstein, Brushstroke Nude, $5,458,500

Lot 3 Christopher Wool, Untitled (S 69), $4,002,500

Lot10 Roy Lichtenstein, Still Life with Cash Box, $3,442,500

Lot 5 Maurizio Cattelan, Daddy Daddy, $2,546,500

Lot 14 Andy Warhol, Statue of Liberty, $2,434,500

Artist World Records:

Lot 6 Jean-Michel Basquiat, Untitled, $16,322,500

Lot 42 Seth Price, Untitled, $92,500

Lot 44 Dana Schutz, Death Comes to All, $482,500

Phillips de Pury Prints & Multiples = $3.3m

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  1. JOSEPH BEUYS, Sled $314,500
  2. ANDY WARHOL, Queen Elizabeth suite, from Reigning Queens $236,500  (record price for this set)
  3. ROY LICHTENSTEIN, Reverie, $110,500
  4. PABLO PICASSO, Femmes d’Alger dans leur appartement (d’après Delacroix), 1ere variation; and Femmes d’Alger, 2eme variation: four states $98,500 (record price for this set)
  5. JOSEPH BEUYS, Felt Suit $96,100 (record price)
  6. ANDY WARHOL, Marilyn Monroe (Marilyn) $94,900
  7. JASPER JOHNS Six, Lithographs Series $92,500 (record price)
  8. MARCEL DUCHAMP, Nude Descending a Staircase No. 2  $88,900
  9. ROBERT INDIANA, Book of Love portfolio $82,900 (record price)
  10. ROY LICHTENSTEIN, La Nouvelle Chute de l’Amérique $74,500 (record price)

Phillips de Pury Under the Influence = $7.2m

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Phillips de Pury’s March Contemporary Art Evening auction totalled $4,324,900 with 89% sold by lot; The Under the Influence day sessions totaled $2,879,050,  72% by lot.

Top Ten Lots Evening Sale:

9 CINDY SHERMAN, Untitled #426, $446,500

25 ANSELM KEIFER, Hommage à Omar Khayyám, $314,500

21 ROY LICHTENSTEIN, Brushstroke Still Life with lamp, $302,500

11 DAN FLAVIN, Untitled (to Pat and Bob Rohm), $302,500

29 TIM NOBLE AND SUE WEBSTER, Two works: Puny Undernourished Kid and Girlfriend from Hell, $242,500

22 ANDY WARHOL, Vesuvius, $242,500

23 JEAN-MICHEL BASQUIAT, Untitled (Skull), $218,500

6 DAN COLEN, The son of a white man( Air force pilot / plantation owner), $206,500

7 STEVEN PARRINO, Untitled, $170,500

8 ANSELM REYLE, Untitled, $146,500

 

Phillips de Pury London Cont = £5.7m

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Some highlights from the £5.7m Phillips de Pury London Evening sale of contemporary art:

17 LUCIO FONTANA, Concetto spaziale, Attese, £1,049,250/$1,653,303

5 RUDOLF STINGEL, Untitled, £505,250/$796,122

12 ANDY WARHOL, Mao, £457,250/$720,489

7 CINDY SHERMAN, Untitled #410, £433,250/$682,672

9 TAKASHI MURAKAMI, Troll’s Umbrella, £385,250/$607,038

15 DAMIEN HIRST, Wretched War, £325,250/$512,496

6 MARC QUINN, The Golden Column (Microcosmos,), £289,250/$455,771

10 THOMAS SCHÜTTE, Gelber Hund, £241,250/$380,138

25 ALEX KATZ, Ada on Green, £229,250/$361,229

21AHMED ALSOUDANI, Untitled, £229,250/$361,229

 

ARTIST WORLD RECORDS

22 WALEAD BESHTY, FedEx® Kraft Box© 2005: FedEx Standard Overnight Los Angeles….£58,850/$92,730

27 RAYMOND PETTIBON, Untitled  (The view from beyond the breakers) £157,250/$247,779

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