Andy Warhol, 20 Pink Maos (1979), via Phillips

Complementing the offering of new works across town at Regent’s Park, Phillips London has opened a week of auctions around Frieze Week, closing out its 30-lot sale this evening with a consistent sale, seeing 6 of the evening’s 30 lots go unsold to reach a final tally of £17,867,750. (more…)

Phillips president Michael McGinnis is leaving the company to pursue interests in the “non-auction side of the art business.”  “My tenure with Phillips has been nothing short of phenomenal, but the time has come for me to broaden my horizons and pursue new challenges,” he says. “So far my entire twenty-two year career has been in the auction business, and it’s time to experience the art industry from a different perspective.” (more…)