Global contemporary art events and news observed from New York City.
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AO Preview: Phillip’s London Contemporary Art Auctions, June 29-30

Friday, June 27th, 2008

Nine Multicolored Marilyns, Andy Warhol (1979-1986) via Phillips

Phillips de Pury & Company is holding it’s Contemporary Art Sale on June 29 and 30. The sale highlights works from Andy Warhol, Damien Hirst, Willem de Kooning, Jean-Michel Basquiat, Paul McCarthy, and many other distinguished contemporary artists.

Phillips Contemporary Art Sale [Phillips]

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AO On Site: Under The Influence at Phillips De Pury, New York, MARCH 25, 2008

Wednesday, March 26th, 2008

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Photo via Will Rocklin for Art Observed

Phillips de Pury & Company opened its Chelsea, New York doors March 25th from 6:00-8:00pm for an auction preview of “Under the Influence.” Also on view was an emerging artist exhibition, “Associates in New York.”

Under the Influence [Phillips de Pury]
Associates in New York [Phillips de Pury]
Auction Registration [Global Auction Network]

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Report cites 60% of London auction lots failed to achieve expected prices; Sotheby’s stock falls 7%

Friday, March 7th, 2008


Francis Bacon portrait being auctioned via Sotheby’s via sgallery.net

The evening sales at Christie’s, Sotheby’s and Phillips de Pury & Co. this February raised the most money ever for a series of contemporary sales. However, a report issued by an art market firm on Thursday indicated that the majority of items sold at the low end of their estimates, meaning that the enormous sales numbers may be masking a more disappointing trend.

Sotheby’s sets auction record with sale of Bacon nude [ArtObserved]
Sotheby’s stock down 7% after report is issued [Bloomberg]
Art Report say 60% of February sales lots missed estimate [Bloomberg]
February auction activity roundup [ArtObserved]
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London Auction Activity Round Up

Monday, March 3rd, 2008


Sotheby’s via news BBC, Phillips de Pury via Iron Arts, Christie’s via Drexel Daily Digest

This month has been monumentally beneficial to the Contemporary Art Market. Sales rose over 50% within the past three weeks. Over the last month Sotheby’s, Christie’s and Phillips de Pury hosted a series of auctions in London; each producing record breaking results for at least one of their sales.

Auction House’s Revenue Jumps Dramatically [bloomberg]
“Beetle” breaks Russian Contemporary record [bloomberg]
Phillips de Pury Children with AIDs Benefit Auction [ArtInfo]
Breakdown of top February sales [Art Martket Watch]
Review of February Auctions [NY Sun]
GO SEE: Sotheby’s contemporary art sale, London, February 27th [ArtObserved]
Phillips sets 15 artists records in contemporary sale [ArtInfo]
Fontana, Richter and Meire break records [ArtInfo]
Contemporary Russian Art Auction, Phillips de Pury, February 28, London [ArtObserved]
Warhol’s “Three Self Portraits” fetches £11.5 million [CBC]
Competition between Sotheby’s & Christie’s Impressionist & Modern auctions [NY Sun]
Sotheby’s Sets Auction Record with $39.7 million Francis Bacon Nude [ArtObserved]
Sotheby’s Accomplishes Record Quarterly Profits [ArtObserved]

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Contemporary Russian Art Auction, Phillips de Pury, February 28, London

Wednesday, February 27th, 2008


A piece offered at the auction via Phillips de Pury & Company

A major sale of Russian contemporary artworks will be sold in London on February 28 by Phillips de Pury & Company. The auction represents works largely of ‘unofficial artists’ of the Soviet period. The sale will benefit children with AIDS.

Phillips de Pury
Phillips de Pury, video of the auction collection [Phillips de Pury]
Auctions in London [New York Sun]

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