Phillips London June 2013 Contemporary Art Evening Auction Totals £12.3 / $18.8 / €14.4 million
PHILLIPS LONDON JUNE 2013 CONTEMPORARY ART EVENING AUCTION TOTALS £12.3 / $18.8 / €14.4 MILLION
EVENING AUCTION SELLS 92% BY LOT AND 89% BY VALUE
London – 27 JUNE 2013 – Phillips London June Contemporary Art Evening Auction realised a total of £12,330,000 / $18,864,900 / €14,426,100 selling 89% by value and 92% by lot.
Top lot of the Evening Sale, a 12ft work by British artist Glenn Brown, Oscillate Wildly (after ‘Autumnal Cannibalism’ 1936 by Salvador Dalí), sold for a solid £2,882,500 / $4,410,225 / €3,372,525 and an auction record was achieved for a self portrait byRudolf Stingel, selling for £782,500 / $1,197,225 / €915,525.
Strong bidding, including fierce competition for Untitled Film Still #36, 1979 by Cindy Sherman selling for £302,500 / $462,825 / €353,925 on an estimate of £60,000 – 80,000 and an impressive result for a work by South American artist, Oscar Murillo at£146,500 / $224,145 / €171,405, demonstrated demand for both young and established artists.
"Tonight’s result proves that despite an action-packed art world schedule the Contemporary Art Market remains buoyant. There was intelligent bidding from an international community at tonight’s auction, demonstrating demand for work by established blue-chip, as well as emerging artists. We are delighted with the solid results achieved for British artist Glenn Brown and South American Oscar Murillo." Michael McGinnis, Chief Executive Officer, Phillips.
Top Ten Lots:
9 GLENN BROWN Oscillate Wildly (after ‘Autumnal Cannibalism’ 1936 by Salvador Dalí) £2,882,500 / $4,410,225 / €3,372,525
14 JEAN-MICHEL BASQUIAT Three Pontificators £2,210,500 / $3,382,065 / €2,586,285
12 ANDY WARHOL Diamond Dust Shoes £1,142,500 / $1,748,025 / €1,336,725
11 ANISH KAPOOR Untitled £1,142,500 / $1,748,025 / €1,336,725
7 RUDOLF STINGEL Untitled (Bolego) £782,500 / $1,197,225 / €915,525
13 ANDY WARHOL Skull £698,500 / $1,068,705 / €817,245
5 UGO RONDINONE If There were Anywhere but Desert. Friday £410,500 / $628,065 / €480,285
3 TAUBA AUERBACH Untitled (Fold) XV £386,500 / $591,345 / €452,205
8 CINDY SHERMAN Untitled Film Still #36 £302,500 / $462,825 / €353,925
16 JEAN-MICHEL BASQUIAT Untitled £242,500 / $371,025 / €283,725
PHILLIPS:
As the only international auction house to concentrate exclusively on contemporary culture, Phillips has established a commanding position in the sale of Contemporary Art, Design, Photographs, Editions and Jewelry. Through the passionate dedication of its team of global specialists, the company has garnered an unparalleled wealth of knowledge of emerging market trends. Phillips conducts auctions in New York and London and has representative offices throughout Europe and in the United States. For more information, please visit: phillips.com.
