Phillips de Pury & Company New York Contemporary Art Part 1 Auction Brings $71,292,500

. November 9, 2011 . 0 Comments

Phillips de Pury & Company’s Contemporary Art Part I totals: $71,292,500, selling 94 % by value and 85% by lot in a lively and packed auction room. The Contemporary Art Benefit auction for the Solomon R Guggenheim Foundation totaled $2,682,000, selling 93% by value and 95% by lot.

“We were very happy to lend our support to the Guggenheim Museum. The Benefit Auction was the ideal prelude to what overall was a very successful evening.” Simon de Pury, Chairman of Philips de Pury & Company.

“Tonight’s excellent results demonstrate the depth of the market. We saw consistent participation throughout and steady results in line with our expectations.” Michael McGinnis, Senior Director and Worldwide Head of Contemporary Art.

Top Ten Lots:
*CY TWOMBLY, Untitled,$9,042,500
*ANDY WARHOL, Nine Gold Marilyns (Reversal Series), $7,922,500
*RICHARD PRINCE, Runaway Nurse, $6,802,500
*ALEXANDER CALDER, Trepied, $5,682,500
*ANDY WARHOL, Self-Portrait, $4,002,500
*WILLEM DE KOONING, Untitled XVIII, $3,442,500
*ANDY WARHOL, Knives, $3,442,500
*RICHARD SERRA, Palms, $2,322,500
*MAURIZIO CATTELAN, Frank and Jamie, $2,322,500
*CHRISTOPHER WOOL, Untitled (P 177), $2,210,500

Artist World Records:
*RICHARD SERRA, Palms, $2,322,500

The Contemporary Art Benefit auction for the Solomon R Guggenheim Top Ten Lots:
*MAURIZIO CATTELAN, Others, $580,000
*CHRISTOPHER WOOL, Untitled, $330,000
*GEORGE CONDO, The Butler, $280,000
*NATE LOWMAN, This Marilyn, $240,000
*RICHARD SERRA, Untitled, $230,000
*ADAM MCEWEN Untitled, $150,000
*SUBODH GUPTA, Cascading Water, $150,000
*RICHARD PHILLIPS, Illumination (Esther), $140,000
*LEE BUL, Sternbau No. 32, $110,000
*CAI GUO-QIANG, Study for Landscape No. 5, $65,000

The Contemporary Art Benefit auction for the Solomon R Guggenheim Artist World Records:
*ROB PRUITT, Ladies and Gentleman….(Art Awards Penguins), $55,000
*ADAM MCEWEN, Untitled, $150,000
*NATE LOWMAN, This Marilyn, $240,000
*HANS-PETER FELDMAN, One Pound Strawberries, $18,000
*HAEGUE YANG, Acoustics of Karma, $30,000

Category: Fine Art

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