Phillips Lands Major Private Collection for Sale in May

March 22nd, 2015

Brice Marden, Hydra, via ArtnetFollowing up on the claims for serious market contention made by new chief Edward Dolman, Phillips has landed a major private collection for sale in the coming months, valued at nearly $35 million.  The works, which include a Brice Marden estimated at $8 million to $12 million, and a Ed Ruscha valued at $2 to $3 million, will be sold at the auction house’s Contemporary Evening sale in May, with some others being reserved for a special photography sale.  “They were interested in art of their time,” says advisor Allan Schwartzman, who helped build the collection. “There is a lot of abstract work and work where the imaging is involved with the natural world.”

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