Lucio FONTANA spatial concept. Expectations. 1960 Estimate: 1-1 5 million pounds Result: 1,049,250 pounds Source: artinfo.com

Yesterday, the auction house Phillips de Pury & Company auction held, have completed a week in London evening auctions of contemporary art. auction company turned a small, but it is (by their standards) successful: he brought 5,695,550 pounds (8,998,436 dollars), just under modest estimate in 5165 000-7 670 000 pounds. from the proposed purchasers of lots were sold to 25 23. Thus, the ratio of unsold works by 8 per cent of lots (11 per cent in value terms).

Three lots were reserved by financial guarantees of third parties. Only one lot was sold more a million pounds - that fate was prepared white canvas with slots Lucio Fontana (Lucio Fontana) 1960, entitled "Spatial Concept. Expectations." The work was sold to an anonymous phone buyer for 1 million pounds ($ 1.7 million, estimate of 1-1.5 million lb /1.6-2.4 million). listed among the owners of paintings, Andy Warhol (Andy Warhol): it was sold at auction at Sotheby's in New York York in May 1987 after the sudden death of the artist from complications after gall bladder surgery in only 132,000 dollars.

Also on the last trading Phillips was offered to buyers and the actual work of Warhol - the picture " Mao "in 1974, the collector, the caller on the phone, bought it for 457,250 pounds (722,694 dollars, estimate 300-500 thousand pounds).

ANDY WARHOL Mao. 1974 Estimate: 300-500 thousand pounds Result 457 250 pounds Source: artinfo.com

However, strong demand from buyers still use the more modern works. brings to mind the work of Malevich, Joe Bradley (Joe Bradley) «Killroy" in 2008 was sold to the London gallery Simon Dickinson Gallery for 49,250 pounds (77,603 dollars, estimate 30-40 thousand pounds). Work Kelly Walker (Kelly Walker) has acquired the dealer from Amsterdam to Seeb Tettero (Siebe Tettero) of 85,250 pounds (134,328 dollars, estimate 50-70 thousand pounds).

« I thought that trading was somewhat sluggish, - commented on the auction Tettero - but the result was good, so same as yesterday at Sotheby's . far better than doing a Chrisrie's ».

work of Christopher Wool (Christopher Wool) 1988" Untitled "was sold on the phone for 169,250 pounds (266,687 dollars, estimate 120-180 thousand pounds). In picture unsuccessfully fought, among other customers, the Parisian dealer, John Saye-Belshatovski (John Sayegh-Belchatowski).

not got it and the work of Jean-Michel Basquiat (Jean-Michel Basquiat) « Untitled (half-eaten), "1983, which depicts a banana and a head of the artist. product was the buyer, call for 181,250 pounds (286,386 dollars, estimate 150-200 thousand pounds)." cheap work, but more than 130 thousands of pounds to pay for it, I did not want "- said the dealer later.

Compared with brutal battles that unfolded for the masters level work by Gerhard Richter (Gerhard Richter) and Francis Bacon (Francis Bacon ) at auction at Christie's earlier this week, the auction Philips atmosphere was calm.

Of the three lots on which the guarantee was provided by a third party, the most lively interest was the work of Cindy Sherman (Cindy Sherman) - photo "Untitled (№ 410)" 2003, in which the artist transformed into a rather frightening clown make-up (one of six shots). For his work fighting the four candidates - all by phone. Finally got one picture of them for 433 250 pounds (684,565 dollars). Another guaranteed work, phantasmagorical portrait of George Condo (George Condo) «A woman in a blue chair" (2007), was sold to a New York gallery Skarstedt, the largest dealer of the artist, for 205,250 pounds (324,332 dollars, estimate 200-300 thousand pounds). Marc Quinn's sculpture (Marc Quinn) «Gold column (the microcosm)" in 2008 (gold leaf, bronze), consisting of two interconnected images of Kate Moss (Kate Moss) in a fancy yoga pose, also was equipped with a warranty, and went again to the buyer, call for 289,250 pounds (457,071 dollars, estimate 300-500 thousand pounds).

Mark Quinn Gold column (the microcosm). 2008 Estimate: 300-500 thousand pounds The result: 289,250 pounds Source: artinfo.com

CINDY SHERMAN Untitled (№ 410) Estimate: 200-300 thousand pounds The result: 433,250 pounds Source : artinfo.com

One of the few lots that have caused a stir in the hall, was the work Uolida Besht (Walead Beshty) «Carton Fed Ex» (2005) - a sculpture depicting a box with the logo of a certain commercial company. It was sold to the buyer, call for 58,850 pounds (92,992 dollars, estimate 15-20 thousand pounds). "This is just silly - commented on the price of the London dealer Charles Kostial (Carl Kostyal), a representative picture Saville Row. - After an active trading week people began to go mad."

out of work were two distinguished author: buyers do not find the work of Andreas Gursky (Andreas Gursky) «Jumeierah Palm» (2008), as well as sculpture by Damien Hirst (Damien Hirst) of painted bronze " Feeling "(2003). Estimeyty products were 400-600 and 350-450 thousand pounds thousand pounds, respectively.

Immediately after the auction, Michael McGinnis (Michael McGinnis), head of contemporary art at Phillip's, announced the results and commented: "Just such a result we expected. It was trading with a modest price level, and we were confident that they will be good, since they include the whole range of works of postwar art».

Prepared by Mary Estrova, AI

Source: artinfo.com , artinvestment.ru