Auction Results: 20th Century & Contemporary Art Morning, Afternoon, and Evening Sales, November 15 and 16, 2017 @Phillips

While there wasn’t a lot of contemporary photography included in Phillips’ recent 20th Century & Contemporary Art sales in New York, what was on offer sold through with perfection. All 14 lots of photography found buyers (making the overall Buy-In rate for photography a tidy 0.00%), and with a couple of positive surprises, the Total Sale Proceeds found their way to the top end of the aggregate pre-sale estimate range.

The summary statistics are below (all results include the buyer’s premium):

Summary Statistics
Total Lots 14
Pre Sale Low Total Estimate $760000
Pre Sale High Total Estimate $1087000
Total Lots Sold 14
Total Lots Bought In 0
Buy In % 0.00%
Total Sale Proceeds $965000

Here is the breakdown (using the Low, Mid, and High definitions from the preview post):

Detailed Breakdown
Low Total Lots 1
Low Sold 1
Low Bought In 0
Low Buy In % 0.00%
Total Low Estimate $7000
Total Low Sold $6250
Mid Total Lots 9
Mid Sold 9
Mid Bought In 0
Mid Buy In % 0.00%
Total Mid Estimate $200000
Total Mid Sold $258750
Total High Lots 4
High Sold 4
High Bought In 0
High Buy In % 0.00%
Total High Estimate $880000
Total High Sold $700000

The top photography lot by High estimate was lot 44, Wolfgang Tillmans, Freischwimmer 154, 2010, estimated at $250000-350000 (image in preview post). It was also the photography top outcome of the sale at $275000

92.86% of the lots that sold had proceeds in or above the estimate range and there were a total of 2 positive surprises in the sales (defined as having proceeds of at least double the high estimate): (images above via Phillips)

Lot 380, Anne Collier, Double Marilyn, 2007, estimated at $15000-20000, sold at $50000 (image in preview post)

Lot 383, David LaChapelle, Anointing from the series Jesus is my Homeboy, 2003, estimated at $15000-20000, sold at $43750

The complete lot by lot results can be found here (Evening), here (Morning), and here (Afternoon).

Read more about: Anne Collier, David LaChapelle, Wolfgang Tillmans, Phillips

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