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jean michel basquiat work phillips frieze week sales london 1234755733

Phillips has announced the lineup for its October London sales during Frieze Week, headlined by Jean-Michel Basquiat's 1982 work on paper, *Untitled (Pestus)*, estimated at £3 million ($4 million). The 26-lot evening auction on October 16 also includes Andy Warhol's diamond dust portrait of Giorgio Armani (estimate £800,000), Banksy's *Kate Moss* (estimate £1 million), and works by Jadé Fadojutimi, Flora Yukhnovich, Damien Hirst, Anish Kapoor, Sasha Gordon, and Emma McIntyre. A day sale on October 18 features pieces by Keith Haring, Warhol, Basquiat, Anselm Kiefer, and Yoshitomo Nara.

phillips london evening sale frieze results 1234757669

Phillips’s Frieze Week evening sale in London totaled £10.33 million ($13.88 million) across 22 lots, a 32% decline from last year’s £15.1 million on 31 lots. The sale was 82% sold by lot and 84% by value. Highlights included a new world auction record for Emma McIntyre, whose painting *Seven Types of Ambiguity* (2021) sold for £167,700, and strong results for Martha Jungwirth and Flora Yukhnovich. However, major lots by Banksy, Andy Warhol, and Jean-Michel Basquiat underperformed or failed to sell, and four lots went unsold, including works by Andreas Gursky and Sigmar Polke.