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Phillips’ Modern & Contemporary Art Day Sale Achieves $25 Million

Published on
November 20, 2024
Phillips’ Modern & Contemporary Art Day Sale Achieves $25 Million

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Ed Ruscha Howl , 1986 Sold for $1,481,750 Takashi Murakami Together with the Flower Parent and Child , 2021-2022 Sold for $762,000 Annie Dolan and Patrizia Koenig, Co-Heads of the Modern & Contemporary Art Day Sale in New York, said, " At $25 million , today’s results demonstrate the enduring strength of the middle market. With an exceptional selection of works spanning the century , the Morning and Afternoon Sessions attracted spirited participation from collectors across the globe.

With bidders joining from nearly 50 countries— online, on the phone, and in a bustling saleroom, —the sale underscored the vibrant international demand for high-quality works.

Highlights from the sale included remarkable results for American masters, led by Ed Ruscha’s Howl , which soared past its estimate to achieve $1.4 million, and Jean-Michel Basquiat’s Arteries of the Left Arm , which realized $889,000.

Alexander Calder’s Cornucopia doubled its presale estimate to realize $520,700, while KAWS’ Better Knowing achieved $571,590 and Takashi Murakami’s Together with the Flower Parent and Child sold for $762,000. We also saw robust prices for Cecily Brown, Emmi Whitehorse, and Elizabeth Peyton, as well as for Surrealist works by Dorothea Tanning and Kurt Seligmann. It was also wonderful to see such enthusiasm for Robert Zehnder’s auction debut.

We look forward to continuing this momentum in our Hong Kong sales next week and in our Modern & Contemporary Art Online Sale in December ." Top Ten Lots Lot Description Estimate Price Achieved 144 Ed Ruscha, Howl, 1986 $600,000 – 800,000 $1,481,750 143 Jean-Michel Basquiat, Arteries of the Left Arm, 1983 $800,000 – 1,200,000 $889,000 323 Takashi Murakami, Together with the Flower Parent and Child , 2021-2022 $400,000 – 600,000 $762,000 324 KAWS, BETTER KNOWING , 2013 $500,000 – 700,000 $571,500 168 Alexander Calder, Cornucopia , 1955 $280,000 – 350,000 $520,700 320 Georg Baselitz, Der Brief von der Front (Laktionov) , 1998 $400,000 – 600,000 $508,000 153 Oscar Bluemner, Black by Gold , 1934 $400,000 – 600,000 $495,300 328 Christopher Wool, Untitled , 1990 $400,000 – 600,000 $488,950 116 Helen Frankenthaler, Figure in a Landscape, 1960 $400,000 – 600,000 $482,600 120 Ernie Barnes, My First Dunk , 1976 $250,000 – 350,000 $444,500 New Auction Record Lot Description Estimate Price Achieved 110 Judith Rothschild, Io, 1959-1960 $12,000 - 18,000 $50,800 *previous record price: $48,260 set in 2024 *Lots 217, 131, 315, 156, 111, and 339 were sold after the lots closed, whilst the sale was ongoing, and are therefore included in the total sale result.

Exchange Rate on 20 NOVEMBER 2024: US$1 = £0.79030, €0.9484, HK$7.785 ABOUT PHILLIPS Phillips: where the world’s curious and bold connect with the art, design, and luxury that inspires them. As a leading global platform for buying and selling 20th and 21st century works, Phillips offers dedicated expertise in the areas of Modern and Contemporary Art, Design, Photographs, Editions, Watches, and Jewels.

Auctions and exhibitions are primarily held in New York, London, Geneva, and Hong Kong, with representative offices based throughout Europe, the United States, and Asia. Phillips offers a regular selection of live and online auctions, along with items available for immediate purchase. Phillips also offers a range of services and advice on all aspects of collecting, including private sales and assistance with appraisals, valuations, and financial planning.

Visit phillips.com for further information. *Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium. PRESS CONTACTS: NEW YORK – Jaime Israni, Head of PR and Corporate Communications , Americas jisrani@phillips.com Katie Zoni, PR Manager kzoni@phillips.com PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022 PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX PHILLIPS HONG KONG – G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon

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