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OVER 18 MILLION GBP FOR PHILLIPS' SALE OF CONTEMPORARY ART IN LONDON
02 July 2015
Catégorie : MARKET

Phillips's sale of contemporary art held in London at the end of June 2015 realised   £18.2 million sale ($28.6 million), near the low end of the pre-sale £17/26 million estimate (sale prices include buyer's premium)

Jonas Wood, Fish Tank (2007),  sold for a double top estimate at £158,000 while Harold Ancart's large oil-stick-on-paper fetched £47,500. Robert Gober's drain sink sculpture was hammered down at £254,500 and Sherrie Levine's Caribou Skull sold for £494,500.

 

Carroll Dunham's painting, Mound F went for £194,500 while Ai Weiwei's bronze set rose to a new record£3.4 million or $5.4 million including premium.

 

Bruce Nauman's sculpture Hanging Heads #1 (Blue Andrew, Mouth Open/ Red Julie with Cap), (1989), which had a third party guarantee  sold on the low estimate for £1,762,500—double the price it made at auction ten years ago, Sigmar Polke's graphic Carnival, (1979) went for  £1,142,500, doubling the price it fetched in 2010 and Ed Ruscha's horizontal Ship Talk (1998), last sold in 2012 for £770,000 rose to  £884,500.

 

Owned by Greek collector Dimitri Daskalopoulos who bought it at auction for less than £20,000 in 1998, Chris Ofili's  painting, Homage, (1993-95),went  for £302,500.

 

Six works by Ed by Ruscha sold around the low estimate for a combined £1.2 million, the top bid being fetched by Anchor Stuck in Sand (1990) at £374,500 however for about the same price it sold for in New York in 2013.

 

Thomas Demand's photograph, Vault (2012) went beyond estimates to sell for £146,500, while another photographic work, an early black-and-white work by Gilbert & George, Spitalifields (1980), only went for £146,500, almost £100,000 less than the price it fetched in 2009.

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