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...This analyses sales of unique works at Christie’s, Sotheby’s and Phillips, with data from ArtTactic....
...He says, though, that news this week that China’s gross domestic product growth performed better than expected in the first quarter of the year could improve the mood ahead of sales at Christie’s and Phillips...
...Totals at Sotheby’s and Christie’s came in at the low end of expectations, already revised down after a number of withdrawals, while Phillips’ slim sale of £10.9mn (£13.7mn with fees) on March 7 didn’t quite...
...Margulies’s first tranche of about 160 works by the likes of Gordon Parks, Dorothea Lange, William Eggleston and Cindy Sherman will be offered by Phillips New York in a standalone auction on April 4 with...
...Independent curators Jane Neal and Fru Tholstrup are organising a selling show based on the colour red that goes on view at Phillips London (March 16-24). “Red presents a dichotomy....
...Last year Phillips opened a swanky space designed by Herzog & de Meuron and LAAB Architects, opposite M+; Sotheby’s has commissioned the Rotterdam architects MVRDV to design its new “Maison” to open in the...
...A similar multi-tier system applies at Christie’s and Phillips....
...For the three major auction houses — Christie’s, Sotheby’s and Phillips — whose sales rely heavily on the thin $10mn-plus market, the unsettling backdrop contributed to a combined fall of 18 per cent to...
...The estate of American artist James Rosenquist, who died in 2017, will offer about 50 of his prints at Phillips in New York on February 15....
...Phillips hosts its first auction dedicated to ceramics made by Lucie Rie and her colleague and friend Hans Coper in London on November 1....
...Phillips’ dedicated auction will be in New York on November 14. Anat Ebgi, a gallerist with three spaces in Los Angeles, is opening in New York....
...Of the works that did sell, some had lost value since their previous outings: a 1974 Cy Twombly work on paper went for within estimate at £190,500 (with fees) at Phillips, having been bought in 2007 for...
...Phillips will offer a monumental two-part painting by Gerhard Richter for about $30mn as the star lot of its November 14 sale in New York....
...Arnold Lehman, the celebrated director of the Brooklyn Museum between 1997 and 2015 and then a senior adviser at Phillips, is retiring from the auction house with a weighty parting exhibition....
...Damien Hirst’s latest paintings go on view for the first time at Phillips in London next week (July 20-August 18)....
...On June 30, a 1998 painting of him by Elizabeth Peyton sold at Phillips for £385,000 (£488,950 with fees)....
...Phillips rounded off Hong Kong’s art season with its first evening sale in its swanky new building in the West Kowloon Cultural District on March 30....
...Yayoi Kusama has “gone from being a global phenomenon to a household name” thanks to her recent collaborations with Louis Vuitton, says Jean-Paul Engelen, president of the Americas at Phillips auction house...
...The French collector Marcel Brient is selling two of his big-ticket 20th-century abstract paintings at Phillips in London on March 2....
...There are also three oils by David Hockney, topped by his bright “The Gate” (2000), which Allen bought at Phillips in 2016 for $7mn, now estimated at the same level....
...She notes that Christie’s, Sotheby’s and Phillips all reported record years, with combined turnover up 11 per cent, but she identifies more than 500 middle-tier auction houses, below the handful at the top...
...But “it’s not all doom and gloom”, says Jonathan Crockett, chair of Asia at Phillips....
...Her running total puts sales at Sotheby’s, Christie’s and Phillips at $13.6bn, up 12 per cent from last year and already above the previous high of $13.2bn for the full year 2014....
...In the spring, Phillips will expand into a 50,000 sq ft headquarters in the West Kowloon Cultural District, close to the M+ museum that finally opened in 2021, while Sotheby’s will open a 24,000 sq ft building...
...On Tuesday night, Phillips sold $115.7mn of modern and contemporary art ($139mn with fees, est $114.8mn-$159.5mn), though again the results were mixed....
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