Thursday, December 23rd, 2010

World Records for David Hockney, Aaron Young, Sterling Ruby & Dana Schutz at Phillips de Pury

October 15, 2010 by All Art News  
Filed under Art Market, Featured

LONDON.- Phillips de Pury & Company’s October Contemporary Art sales totaled £8,819,900 /$14,129,480 (including premium).

The Contemporary Art Day sale saw active bidding with strong results with many works achieving over their pre-sale high estimate and totaled £2,257,000/$3,615,714 (including premium) selling 84% by value and 77 % by lot.

“We are pleased to have built on the success of last night and to continue our tradition as Contemporary Art taste-makers. Today’s Day sale saw strong sell through rates with competitive bidding both in the room and on the telephones highlighting the continuing appetite for cutting-edge Contemporary Art.“ Peter Sumner, Head of Sales, London.

The money raised will help fund the new Turner Contemporary gallery in Margate 580x388 World Records for David Hockney, Aaron Young, Sterling Ruby & Dana Schutz at Phillips de Pury
The money raised will help fund the new Turner Contemporary gallery in Margate

Phillips de Pury & Company’s Contemporary Art Evening sale totaled £6,562,900 /$10,303,753 (including premium) selling 86% by value and 69% by lot. There was particularity strong competition for the works by top British artists including world records broken for Aaron Young’s Greeting Card 10a, which sold for £121,250/$190,363, Sterling Ruby’sSP58, which sold for £193,250/$303,403, David Hockney’s (work on paper), Autumn Pool (Paper Pool 29) which sold for £1,329,250/$1,329,250, Dana Schutz’s, Frank in the Desert, 2002 which sold for £181,250/$284,563, Lothar Hempel’s,Casanova, 2007 which sold for £15,000/$23,550 and Andy Hope 1930, 4419 (AH/M), which sold for £20,000/$31,400.

“We are thrilled with the record price for Hockney’s work on paper, a great artist of towering artistic importance which has not been reflected in the market place until now and we are also very pleased with the results for hot contemporary artists who broke world records, Aaron Young, Sterling Ruby and Dana Schutz.” Simon de Pury, Chairman of Philips de Pury & Company.

Phillips de Pury & Company are looking ahead to the launch of the new flagship space 450 Park Avenue, New York and the groundbreaking first auction comprising Carte Blanche and Contemporary Art Part I on the 8th November.

Contemporary Art Evening Sale Top Ten Lots

• Lot 13 David Hockney, Autumn Pool (Paper Pool 29) £1,329,250 /$1,329,250
• Lot 8 Andy Warhol, The Scream (After Edvard Munch) £657,250/$1,031,883
• Lot 37 Andy Warhol, Mao £469,250 /$736,723
• Lot 14 Barry Flanagan, Hare on Pyramid £409,250/$642,523
• Lot 4 Mark Grotjahn, Untitled (Black Butterfly Dioxide Purple MPG 05 £361,250/$567,163
• Lot 15 Ed Ruscha, Bee? £331,250/$520,063
• Lot 5 Christopher Wool, Untitled (P489) £331,250/$520,063
• Lot 12 Antony Gormley, Sublimate XVI £277,250/$435,283
• Lot 9 Sterling Ruby, SP58 £193,250/$303,403
• Lot 45 Damien Hirst, Second series biopsy: M122/105 £181,250/$284,563

Contemporary Art Day Sale Top Ten Lots

• Lot 130 – Yayoi Kusama, Untitled (Child Mannequin) £103,250/$165,407
• Lot 233 – MR BRAINWASH, Einstein £75,650/$121,191
• Lot 121 – Marc Quinn, Sphinx, Microcosmos £73,250/$117,347
• Lot 129 – Roy Lichtenstein, Reverie £73,250/$117,347
• Lot 173 – Peter Doig, Highway £70,850/$113,502
• Lot 182 – Dirk Skreber, O.T. Überschwemmung £61,250/$98,123
• Lot 107 – Tracey Emin, This is another place £58,850/$94,278
• Lot 126 – Erwin Wurm, Envy Bumps £49,250/$78,899
• Lot 208 – Candida Höfer, Théâtre de la Monnaie/Koninklijke Muntschouwburg £46,850/$75,054
• Lot 213 – David Breuer-Weil, Hierarchy £46,850/$75,054

Related posts:

  1. Phillips de Pury & Co. Announces Highlights from Contemporary Art Sale
  2. 20th Century Master Prints from the Dreier LLP Collection at Phillips de Pury & Co.
  3. Phillips de Pury & Company’s London Photographs Sale Totals 901,375 Pounds
  4. Phillips de Pury & Co. to Launch Carte Blanche Auction at New Space on Park Avenue
  5. Phillips de Pury & Co. Announces Highlights from Its New York Theme Sale

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