Female artists soar in Phillips’ contemporary and 20th century art auction

Phillips’ contemporary and 20th-century art sale reached $ 139.2 million

Courtesy of Phillips

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Works by female artists were the top performers at Phillips’ Contemporary and 20th Century Art Evening Sale in New York on Wednesday night in an auction that demonstrated the great strength of emerging artists as well as top-notch names.

In total, the sale made US $ 139.2 million with 96% of lots sold, the highest result Phillips said he had ever achieved in a single sale.

The paintings of Ewa Juszkiewicz and Shara Hughes have reached auction records with results far exceeding expectations. Juszkiewwicz Girl in blue, 2013, made $ 730,800 with fees, with the hammer price of $ 580,000 nearly five times the high estimate of $ 120,000.

Hugues Inside Outside, 2018, began the sale realizing $ 1.5 million, with fees, with a hammer price of $ 1.2 million more than three times the high estimate of $ 350,000. that of Raymond Pettibon
Untitled (Let it come …), 2011, also hit an auction record, selling for $ 3.4 million, above a high estimate of $ 2 million.

Jumps more than three times the high estimates were also seen for Emily Mae Smith
Feast and Famine, 2018, which sold for 1.4 million US dollars, including fees, while that of Jadé Fadojutimi My umbrella has a nourishing disguise, 2018, sold for US $ 877,000 with fees.

The strong performance of these works by artists born since 1979, including similar price jumps for the 2020 paintings by Kwesi Botchway and Reggie Burrows Hodges, has been accompanied by good results for top-notch names such as Francis Bacon, Joan Mitchell, Georgia O “Keeffe and Andy Warhol.

that of Pierre Bonnard
Basket of fruits, 1986, “sold as a sexy young artist,” said Robert Manley, vice president of Phillips, at an after-sales press conference. The works reached nearly US $ 5 million, with fees, above a high estimate of US $ 3 million.

“I don’t think the tastes have changed, there is an expansion of the taste,” Manley said. Referring to the good results of the masterpieces from the Edwin Cox Collection at Christie’s last week and the Macklowe Collection at Sotheby’s earlier this week, he said, “Top-notch names are stronger than never, “adding that there are” collectors for every genre. You just have to know what great paintings are.

The highest price of the evening went to Bacon’s Pope with owls, which hit $ 33 million, with fees, just below a low estimate of $ 35 million. Jean-Paul Engelen, also vice-president, did not hide his disappointment with the result during the press conference.

“I love this painting and I’m disappointed it didn’t get the attention or the traction I thought it would,” Engelen said. “I couldn’t think of a better trophy, but clearly that night someone came home with the trophy and there was no fight for it.”

Other highlights of the sale include Mitchell’s Untitled, 1982, which brought in US $ 11.9 million, with fees exceeding a high estimate of US $ 6 million, to an auction house buyer. And that of Basquiat Untitled (The Door), 1984, sold for US $ 8.5 million including fees, just above the high estimate. Georgia O’Keeffe’s Hawaii Ginger Crab Claw, 1939, reached $ 7.7 million, with costs exceeding a high estimate of $ 6 million.

In addition to those of Mitchell and O’Keeffe, works by female artists among the top 10 lots included that of Cecily Brown
Untitled, 2007, who made $ 6.1 million, with fees, above a high estimate of $ 4.5 million, and Avery Singer, whose European ego ideal, 2014, achieved US $ 4 million, above a high estimate of US $ 2.5 million.

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