The results of the auction of Contemporary Art Phillips de Pury
Remained unsold six works from forty-three. Top lots were works by Donald Judd, Jean-Michel Basquiat and Gerhard Richter
February 12 in London took place on the evening auctions of contemporary art works by Phillips de Pury. The auction brought 6 million pounds (9.5 million) in Estimé 5-7,3 million.
there were 43 bids on the lot of them have found buyers 37 (86%). Statistics in monetary terms amounted to 92%. Compare with last year's results: 4.2 million pounds for 53 lot, 34%unsold.
No work has not overcome the mark of one million pounds. Dearer than a million dollars were sold three pieces. Top lot was aluminum sculptural composition, made famous minimalist Donald Judd (Donald Judd). Buyer laid out for her 735.7 thousand pounds (1.15 million dollars). Paintings by Jean-Michel Basquiat (Jean Michel Basquiat) «Untitled" and "cash crop" brought in 713 thousand pounds (1.13 million dollars). Both paintings were estimated at 600-900 thousand.
small abstract painting by Gerhard Richter (Gerhard Richter), decorate the cover of the auction catalog, went for 635 thousand pounds (992 thousand dollars) for Estimé 350 -- 550 thousand pounds. For his work fought four members.
Artworks fashionable artists George Condo (George Condo) and Banksy (Banksy) significantly exceeded its estimate. Creation of the first was presented at the auction of a painting depicting the grotesque clown, which is called "Father and Son". The work was purchased for 541 thousand pounds (846 thousand dollars) in assessing the 250-350 thousand. "Intentional damage to oil painting#001" Banksy is an antique marina, where the artist painted a military helicopter, giving the whole scene menacing appearance. Both works bought one and the same person.
auction organizers said they were satisfied with the results. The head of the department of contemporary art Michael McGinnis (Michael McGinnis), they feared that the creation of actual authors would be much less demand than the classical works of postwar art, but their fears proved unfounded. At the auction were set five personal bests.
next evening auction of Contemporary Art Phillips will be held on March 4. March 6th place trades under the name of NOW, which will be represented by the art of the XXI century. A March 19 Phillips will sell the work, whose theme is sex.
Sources: , artinvestment.ru
Permanent link to:
https://artinvestment.ru/en/news/auctnews/20100217_phillips_de_pury_results.html
https://artinvestment.ru/news/auctnews/20100217_phillips_de_pury_results.html
© artinvestment.ru, 2024
Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.
