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Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

Robust Sales at Sotheby’s, Phillips Suggest Art Market Upswing

The May 19 evening sales at Sotheby’s and Phillips generated a combined $419.1 million, signaling a potential recovery in the contemporary and modern art market. Sotheby’s brought in $303.9 million—60% more than the previous year—led by a record-breaking $48.4 million Matisse, while Phillips achieved $115.2 million, more than double its 2025 sales. Both auctions saw high sell-through rates, with 98% and 100% of lots sold respectively. Notable lots included a $42.6 million Picasso, a $29.4 million van Gogh drawing, and strong performances by female artists like Lee Bontecou, Joan Mitchell, and Helen Frankenthaler.

Making Their Mark: Works from the Shah Garg Collection | Broad Strokes Blog

The article features an interview between NMWA Assistant Curator Hannah Shambroom and collector Komal Shah about the exhibition 'Making Their Mark: Works from the Shah Garg Collection.' The show, drawn from Shah and her husband Gaurav Garg's collection, presents approximately 80 works by women artists exploring abstraction, including pieces by Howardena Pindell, Sarah Sze, Kapwani Kiwanga, and Jacqueline Humphries. Shah discusses her transition from a technology career to art collecting, her focus on women working in abstraction, and how the exhibition emerged after publishing a book on the collection in 2023, with curation by Cecilia Alemani.

Phillips’ Evening Sale of Modern & Contemporary Art More than Doubles Auction Total from the Previous Year

Phillips’ Evening Sale of Modern & Contemporary Art achieved a total that more than doubled the previous year's auction result, driven by strong demand for works spanning the 19th to 21st centuries. The sale opened with three lots exceeding their high estimates, including record prices for Lee Bontecou's rare 'Untitled' (1985-2001), which set a new record for any two-dimensional work by the artist after nearly five minutes of bidding. Other records were set for Pat Passlof, P.S. Krøyer, and Joseph Yaeger. Top lots included Andy Warhol's 'Sixteen Jackies' ($16.2 million), Claude Monet's 'La Route de Vétheuil, effet de neige' ($9.9 million), and Jackson Pollock's 'Untitled' ($9.2 million). The sale also featured works from The Collection of Ambassador John L. Loeb, Jr., which achieved a combined $8.4 million, with two Vilhelm Hammershøi works acquired by prominent institutions.

Art Exhibit 'Color in Motion' by Lucy C. Pierpont at Shutter Speed Through June 13

The Art Gallery at Shutter Speed Photo in Middlebury, Connecticut, is hosting an exhibit titled "Color in Motion" by artist Lucy C. Pierpont, on display through June 13. Pierpont, a Middlebury native now living in Woodbury, has a background in marketing and graphic design and has shown her work at numerous local venues including the Mattatuck Museum, Hartwick College, and the Kent Memorial Library.