newsfromphillipsdepury201110

Phillips de Pury & Company's London Contemporary Art Evening and Day Sale auction, on October 12th and 13th, totaled £11,896,563 (US$18,721,501 - including premium). The Contemporary Art Evening Sale totaled £8,249,950 (selling 75% by value and 66% by lot), whereas the Day Sale totaled £3,632,863 (selling 65% by value and 67% by lot).

The Evening Sale attracted more attention to young emerging contemporary artists, where two new world records were set. Jeff Koons's, Seal Walrus Trashcans (2003-09), was the top lot on sale. It was bought for £2,113,250 (US$3,319,916) (estimate £2,000,000-£3,000,000 / US$3,160,000-$4,740,000). Looking in to the Day Sale, George O’ Dell, London Phillips de Pury & Company Head of Contemporary Art, said "The Phillips de Pury & Company Day sale saw the establishment of new records for artists such as Seth Price, Klara Lidén, Rebecca Warren and Maria Nepomuceno alongside strong results throughout the sale for both young and established artists."

Artist World Records:
Anatoliy KRYVOLAP, Horse. Night, 2009 for £79,250 (US$124,343)
Ralf KASPERS, Luzhniki Stadium, Moscow, 2008 for £58,850 (US$92,336)
Tauba AUERBACH, CMY 5, 2008 for £49,250 (US$77,372)
Walead BESHTY, 20-inch Copper (FedEx® Large Kraft Box© 2005 FEDEX 330508) International Priority, Los Angeles–London trk#8685 8772 8040, date October 2–6, 2009. International Priority London–New York trk#863822956489, date November 18–20, 2009, International Priority New York–London trk#7952 0098 1790, date September 19–21, 2011, 2011 for £46,850 (US$73,601)
Seth PRICE, Gold Key (Blue 1), 2007 for £30,000 (US$47,070)
James RIELLY, Sensible Ways, 1996-1997 for £25,000 (US$39,225)
Klara LIDÉN, Untitled (Poster Painting), 2007 for £25,000 (US$39,225)
Rebecca WARREN, Agapé, 2002 for £25,000 (US$39,225) - this piece went unsold in Nov. 2010 (estimate US$30,000-$40,000)
Philippe DECRAUZAT, Atopia, 2007 for £22,500 (US$35,303)
Friedrich KUNATH, Untitled "All my favourite painters couldn't paint", 2010 for £16,250 (US$25,496)
Maria NEPOMUCENO, Untitled, 2001 for £15,000 (US$23,535)

Phillips de Pury London :
Contemporary Art (Sale UK010611 and UK010711), Oct. 12 and 13 2011. Auction Result £11,896,563
Contemporary Art (Sale UK010510 and UK010610), Oct. 13 and 14 2010. Auction Result £8,819,900
Contemporary Art (Sale UK010609 and UK010509), Oct. 17 2009. Auction Result £6,748,663
Contemporary Art (Sale UK010708 and UK010608), Oct. 18 2008. Auction Result £8,114,800
Contemporary Art (Sale UK010407), Oct. 13 2007. Auction Result £41,922,080 (w/ China Avant-Garde: The Farber Collection, The John L. Stewart Collection of Russian Contemporary Art and The Marino Golinelli Collection)