LONDON.- Phillips de Pury & Companys 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. Todays 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.
Phillips de Pury & Companys 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 Youngs Greeting Card 10a, which sold for £121,250/$190,363, Sterling RubysSP58, which sold for £193,250/$303,403, David Hockneys (work on paper), Autumn Pool (Paper Pool 29) which sold for £1,329,250/$1,329,250, Dana Schutzs, Frank in the Desert, 2002 which sold for £181,250/$284,563, Lothar Hempels,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 Hockneys 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