Recent Articles
What to Say About Your New Robert Longo Print
Living With Art
What to Say About Your New Robert Longo Print
News Of A Very Special Auction Happening Next Week
Investment Pieces
News Of A Very Special Auction Happening Next Week
10 Questions for LatchKey Gallery co-founders
10 x 10 x 10
10 Questions for LatchKey Gallery co-founders Natalie Kates and Amanda L. Uribe
INTERVIEW: Elmgreen & Dragset
Meet the Artist
INTERVIEW: Elmgreen & Dragset 'What We Need to do, As Cultural Workers Today, Is to Find a New Way of Getting Back Our Dignity as Citizens'
10 Questions for RESORT Gallery co-founders Seth Adelsberger and
10 x 10 x 10
10 Questions for RESORT Gallery co-founders Seth Adelsberger and Alex Ebstein
10 Questions for River Gallery Founder Carl E. Smith
10 x 10 x 10
10 Questions for River Gallery Founder Carl E. Smith
10 Questions for Davis Editions and Originals Founder Jeff Davis
10 x 10 x 10
10 Questions for Davis Editions and Originals Founder Jeff Davis
10 Questions for Baby Blue Gallery Founder Caleb Beck
10 x 10 x 10
10 Questions for Baby Blue Gallery Founder Caleb Beck
10 Questions for Carvalho Park's Jennifer Carvalho
10 x 10 x 10
10 Questions for Carvalho Park co-Founder Jennifer Carvalho
The Making of Love, Rihanna: Luxury Supreme
Close Look
'A Piece of Art That I am Really Proud Of' - Rihanna on Love, Rihanna: Luxury Supreme
INTERVIEW: Sterling Ruby
Meet the Artist
INTERVIEW: Sterling Ruby 'In America, often the response to negative aspects of the system is to retreat to platitudes about morals and family values. In this way nothing is achieved.'
INTERVIEW: Kerry James Marshall
Meet the Artist
INTERVIEW: Kerry James Marshall 'I never think of artworks as having a quality that’s intended to mobilize people to action. They don’t make people do things. But they do put questions in the mind of a viewer that they may not have entertained before...'
Come On Our Virtual Studio Visit With Maria Jimena Herrera
Meet the Artist
Come On Our Virtual Studio Visit With Maria Jimena Herrera
Jeff Koons on Big Ideas and Gazing Balls
Perspectives
Jeff Koons on Desire, Beauty, the Vastness of the Universe, and the Intimacy of Right Here, Right Now
Could Artist Collectives Transform A Post-Corona Art World?
On Trend
Could Artist Collectives Transform A Post-Corona Art World?

Art Market

Phillips Kicks Off Auction Week With a Pop-Powered Sale

By

Phillips Kicks Off Auction Week With a Pop-Powered Sale
David Hammons, "Untitled," 2000, sold for $8 million

Phillips usually schedules its annual November contemporary art auction on a Thursday, following Sotheby’s and Christie’s earlier in the week. But this year the house tried to get ahead of the crowd by staging the event on a Monday—and the risk seems to have paid off. The house brought in $68 million, just above its $65.1 million low presale estimate, with 88 percent of lots selling. 

Pop art, comic canvases, and other works steeped in mass-culture influences seemed to steal the show. Roy Lichtenstein’s ad-inspired painting of a woman serving up a plate of peanuts went for $10.8 million, making it the top lot of the night. Coming in at a close second was one of Andy Warhol’s signature Marilyn Monroe screenprints, Nine Gold Marilyns (Reversal Series), 1980, for $9.1 million. And the $725,000 sale of another Monroe-inspired work, Trash Landing Marilyn #12, by Nate Lowman, set a new record for the artist.

Elsewhere, a 1988 Jeff Koons sculpture of a sad-eyed Buster Keaton on horseback sold to David Zwirner for $4.4 million and Lucien Smith’s painting of a background scene from Winnie-the-Pooh—which was part of the artist’s 2011 college thesis show—more than doubled its $150,000 high estimate to achieve $389,000, a figure that’s especially brow-raising considering that it’s the artist’s first-ever auction sale.

Phillips also set records for Gutai co-founder Kazuo Shiraga ($4 million), young monochrome painter Jacob Kassay ($317,000), and improvisational installation artist David Hammons ($8 million).

The night contained a few flops, namely a dark, moody Mark Rothko painting that was expected to fetch $10 milllion to $15 million estimate, but failed to find a buyer. Overall, however, the blue-chip lineup delivered the prices to match.

Meanwhile, in the day sale, a Robert Indiana sculpture of the number five more than doubled its low estimate, selling for $425,000, and a Robert Longo graphite wave painting likewise multiplied its estimate to fetch $60,000. A simple Tracey Emin neon from 2013 that stated "Loving" in purplish pink light found an avid buyer as well, more than tripling its low estimate for $62,000, and an off-cut Helen Frankenthaler from 1958 quadrupled expectations for $137,000. 

DISCOVER

a treasure trove of fine art from the world's most renowned artists, galleries, museums and cultural institutions. We offer exclusive works you can't find anywhere else.

LEARN

through exclusive content featuring art news, collecting guides, and interviews with artists, dealers, collectors, curators and influencers.

BUY

authentic artworks from across the globe. Collecting with us means you're helping to sustain creative culture and supporting organizations that are making the world a better place.

CONNECT

with our art advisors for buying advice or to help you find the art that's perfect for you. We have the resources to find works that suit your needs.

INSIDER ACCESS TO THE WORLD'S BEST ART

Artspace offers you authentic, exclusive works from world-renowned artists, galleries, museums and cultural institutions. Collecting with us helps support creative culture while bringing you art news, interviews and access to global art resources.

  • COLLECT FROM 300+ GALLERIES & MUSEUMS