Art News. Vasari Codex

trending_up market schedule May 14, 2025 visibility 32 link 22 artists, 1 gallery

phillips modern contemporary 2025 evening sale report 1234742156

Phillips New York's modern and contemporary evening sale on Tuesday night generated $52 million, a 40 percent drop from the $86 million achieved in the same sale last year. The auction exactly met its pre-sale estimate, but five lots failed to sell and four were withdrawn. Despite the overall downturn, five new records were set for women artists, including Kiki Kogelnik, Ilana Savdie, Olga de Amaral, and Grace Hartigan. The top lot was Jean-Michel Basquiat's *Untitled* (1984) at $6.6 million, followed by works by Ed Ruscha and Donald Judd. Bidding was active for several works, with many going to US buyers, and a painting by Yu Nishimura, newly represented by David Zwirner, sold for more than double its estimate.

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trending_up market schedule May 16, 2025 visibility 23 link 21 artists, 2 galleries

phillips nets lean 52 million in new york led by basquiat that david bowie bought for 93000 2644336

Phillips’s Modern and contemporary art evening sale in New York totaled $52 million, a sharp decline from $86.3 million last year. Four lots were withdrawn before the sale, including works by Pablo Picasso and Jasper Johns, and five lots failed to sell, yielding an 86% sell-through rate (78% including withdrawals). The hammer total of $41.8 million fell below the pre-sale low estimate of $52.3 million. Notable sales included a Basquiat piece once owned by David Bowie, which sold for $6.59 million (Bowie bought it in 1995 for $93,400), and a Kiki Kogelnik painting that set a new artist record at $356,000. Five auction records were set overall, including for Ilana Savdie, Olga de Amaral, Grace Hartigan, and James Turrell.

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trending_up market schedule May 14, 2025 visibility 25 link 22 artists, 2 galleries

Despite record-breaking results for four women artists, Phillips’s evening auction in New York sparks few fireworks

Phillips’s evening sale of modern and contemporary art in New York on May 13 achieved a total hammer price of $44.2 million ($52 million with fees), falling just below the low pre-sale estimate of $45.3 million. Four works were withdrawn before the sale, and five lots failed to sell. Despite the subdued overall results, the auction set new auction records for four women artists: Kiki Kogelnik, Ilana Savdie, James Turrell (Light and Space artist), and Grace Hartigan. Other strong performers included works by Yu Nishimura, Olga de Amaral, Barbara Hepworth, and Danielle McKinney. The top lot was Jean-Michel Basquiat’s *Untitled* (1984), formerly owned by David Bowie.

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