Phillips de Pury & Company: Spectacular Auction Totals $137 Million

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New flagship 450 Park Avenue hosts most successful sale in the history of the company with the triumph of Carte Blanche. Andy Warhol’s men in her life sold for over $63,000,000 World records for Cindy Sherman, Felix Gonzalez-Torres, Robert Morris, Rudolf Stingel, Thomas Schütte.

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I’m thrilled with what is the most successful auction in the history of the company and our greatest night ever. The new building, besides being ideally located in midtown Manhattan, has shown to be a great exhibition space coupled with a state-of-the-art

Phillips de Pury & Company demonstrated renewed strength in the market delivering exceptional results this evening in the biggest ever sale of the company which totaled $137,028,00.

The groundbreaking inaugural auction at 450 Park Avenue comprised 59 lots selling 92.08% by value and 88.14% by lot.

Electric bidding in the room and on the telephones for Andy Warhol’s Men in Her Life, 1962, which sold for an outstanding $63,362,500. World records broken for Felix Gonzalez Torres “Untitled” (Portrait of Marcel Brient), 1992, sold for $4,562,500; Cindy Sherman Untitled #153 sold for $2,770,500 and spirited bidding for two other world records for Rudolf Stingel Untitled sold for $2,658,500 and Thomas Schütte Grosse Geist No. 16 sold for $4,114,500.

The first of the new Carte Blanche auctions masterminded by Philippe Ségalot was a triumph for Phillips de Pury & Company and continues its tradition as an innovator in the art market.

“It was a real pleasure to work closely with Philippe Ségalot who with the début of Carte Blanche has created a milestone for a new type of auction. I’m thrilled with what is the most successful auction in the history of the company and our greatest night ever. The new building, besides being ideally located in midtown Manhattan, has shown to be a great exhibition space coupled with a state-of-the-art sale room.” Simon de Pury, Chairman of Philips de Pury & Company.

“Curating the first Carte Blanche sale was a true challenge and I enjoyed the experience from start to finish. I am thankful to Phillips for the opportunity and wish my successor bonne chance.” Philippe Ségalot.

Carte Blanche Overview – the sale totaled $117,055,000, selling 95.49% by value and 90.90% by lot with 7 world records.

Contemporary Art Part I Overview – the sale totaled $19,973,000, selling 69.54% by value and 84.61% by lot with 2 world records.

Carte Blanche and Contemporary Art Part I Top lots:
Lot 15 Andy Warhol, Men in Her Life $63,362,500
Lot 10 Takashi Murakami, Miss ko2, $6,802,500
Lot 8 Jean-Michel Basquiat, Self-Portrait, $4,562,500
Lot 4 Felix Gonzalez-Torres, “Untitled” (Portrait of Marcel Brient), $4,562,500
Lot 115 Ed Ruscha, Sex at Noon Taxes, $4,338,500
Lot 32 Thomas Schütte, Grosse Geist No. 16, $4,114,500
Lot 116 Roy Lichtenstein, Two Figures, Indian, $3,890,500
Lot 20 Christopher Wool, Untitled (W 24), $3,666,500
Lot 23 Robert Ryman, NO TITLE REQUIRED, $3,442,500
Lot 6 Maurizio Cattelan, Charlie, $2,994,500

Artist world records:
Carte Blanche
Lot 4 Felix Gonzalez-Torres, “Untitled” (Portrait of Marcel Brient), $4,562,500
Lot 14 Cindy Sherman, Untitled #153, $2,770,500
Lot 25 Daniel Buren, Peinture email sur toile de cotton, $542,500
Lot 26 Lee Lorano, No Title, $602,500
Lot 27 Robert Morris, Untitled, $1,258,500
Lot 29 Rudolf Stingel, Untitled, $2,658,500
Lot 32 Thomas Schütte, Grosse Geist No. 16, $4,114,500

Contemporary Art Part I
Lot 124 Wade Guyton, Untitled, $302,500
Lot 125 Martin Creed, Work no. 202: Half the air in a given space, $98,500

Contacts:
London
Giulia Costantini
Head of Communications
gcostantini(at)phillipsdepury(dot)com
+ 44 20 7318 4010

Fiona McGovern
Communications Assistant
fmcgovern(at)phillipsdepury(dot)com
+ 44 20 7318 4010
New York

Anne Huntington
Communications Manager
ahuntington(at)phillipsdepury(dot)com
+1 212 940 1210

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Fiona McGovern
Phillips de Pury & Company
02073184028
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