Monday, February 15th, 2010
Phillips de Pury London Contemporary Art Sale Results
Selling for $993,112 (before premium), Donald Judd’s Untitled (87-29 Studer), 1987 was the highest selling lot at Phillips de Pury’s Contemporary Art Day and Evening Sales in London this past weekend (Image © Phillips de Pury)
With this past weekend’s sales at Phillips de Pury, London, the last of the big three winter contemporary art auctions has winded to a close. Both day and evening sales failing to reach their low end estimates, with 37 (23%) out of 163 lots offered remaining unsold/withdrawn. The total sale across both auctions raised $10,096,428 (before buyer’s premiums), $738,427 (6.8%) below the combined low end estimate of $10,834,855.
Read on for our full analysis – Click Lot Numbers for Images and Details
Phillips De Pury Contemporary Art Evening Sale, Fri., Feb. 12
Total Sale: $8,116,290 ($9,767,740 with buyer’s premium), 0.3% ($20,823) below total low end estimate.
Lots Offered: 43, Sold: 37 (86%), Unsold/Withdrawn: 6 (14%)
Lots Exceeding High Estimate: 10 (23.3%), Selling Below Low Estimate: 11 (25.6%), Within Estimate: 16 (37.2%)
Results for 10 Highest Estimated Lots: Unsold/Withdrawn: 2, Above Low Estimate: 2, Below Low Estimate: 3, Above High Estimate: 1, At Low Estimate: 2
Highest Grossing Lots
1. Lot 30: Donald Judd – $993,112
2. Lot 14: Jean Michel Basquiat – $961,076
3. Lot 18: Jean Michel Basquiat – $961,076
4. Lot 29: Gerhard Richter – $848,951
5. Lot 17: George Condo – $720,807
Download complete sale results here
Phillips De Pury Contemporary Art Day Sale, Sat., Feb. 13
Total Sale: $1,980,138 ($2,457,633 with buyer’s premium), $717,604 (26.6%) below total low end estimate.
Lots Offered: 120, Sold: 89 (74.2%), Unsold/Withdrawn: 31 (25. 8%)
Lots Exceeding High Estimate: 25 (20.8%), Selling Below Low Estimate: 25 (20.8%), Within Estimate: 39 (32.5%)
Results for 10 Highest Estimated Lots: Unsold/Withdrawn: 6, Above Low Estimate: 3, Above High Estimate: 0, At Low Estimate: 1
Highest Grossing Lots
1. Lot 121: Kelley Walker – $136,152
2. Lot 157: Anslem Reyle – $128,144
3. Lot 109: Jaume Plensa – $104,117
4. Lot 150: Damien Hirst – $72,081
5. Lot 149: Damien Hirst – $51, 257
Download complete sale results here
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