Phillips inaugural sale at Mayfair totals £14.8 million – Ocotber 15th, 2014

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LONDON –   15 OCTOBER 2014 – Phillips London October Contemporary Evening Auction totalled £14,862,500 / $23,631,375 / €18,578,125 selling 80% by lot and 77% by value.

“At the starting line of an extensive fall season we are very pleased to have launched our European Headquarters with an Evening Auction which took place in a packed sale room and which saw many strong prices. Since the opening of our space at 30 Berkeley Square last week we have seen early signs of great promise ahead having welcomed an average of 1,000 visitors a day to our exhibitions and with almost a third of this evening’s bidders being fresh to Phillips.” Michael McGinnis, President, Phillips.

“With records for Tauba Auerbach, Danh Vō, and KAWS we have once again started the week of Frieze auctions with real energy. The animated bidding in the room that saw strong prices for Banksy, Anselm Kiefer and Alex Israel was a continuation of the momentum we have felt all week with the opening of our European Headquarters.” Peter Sumner, President, London.

Top Ten Lots:

6 Christopher Wool Untitled, 1990 £2,098,500 / $3,336,615 / €2,623,125

4 Tauba            Auerbach Untitled (Fold), 2010 £1,142,500 / $1,816,575 / €1,428,125

7 Jeff Koons Jim Beam – Observation Car, 1986 £962,500 / $1,530,375 / €1,203,125

21 Anselm Kiefer Für Paul Celan, 2004 £818,500 / $1,301,415 / €1,023,125

13 Martin Kippenberger Untitled (from the series Krieg Böse / War Wicked), 1991 £782,500 / $1,244,175 / €978,125

16 Banksy Submerged Phone Booth, 2006 £722,500 / $1,148,775 / €903,125

17 Keith Haring Untitled, 1988 £602,500 / $957,975 / €753,125

27 Damien Hirst            5-Fluorotryptamine, 2007 £578,500 / $919,815 / €723,125

20 Barry Flanagan Left Handed Drummer, 1997 £506,500 / $805,335 / €633,125

15 Anish Kapoor Untitled, 2000 £506,500 / $805,335 / €633,125

Auction Records:

4 Tauba            Auerbach Untitled (Fold), 2010 £1,142,500 / $1,816,575 / €1,428,125

2 Danh Vo We The People (Detail), 2011 £206,500 / $328,335 / €258,125

47 KAWS Accomplice, 2010 £266,500 / $423,735 / €333,125

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