Phillips Debuts in Paris with €4.87 Million Sale Led by Joan Miró
On 21 October 2026, Phillips conducted its inaugural auction in Paris, named Vente Art Moderne & Contemporain et Design, in conjunction with Art Basel Paris. The auction featured a catalogue of 50 lots, primarily focused on art and design, with most items estimated under €500,000; only those by Joan Miró and Marc Chagall surpassed this threshold. The event achieved a total of €4,874,265, with 48 out of 53 lots sold, resulting in a remarkable 98% sell-through rate by value. Miró's Peinture (1930) fetched €503,100, while Chagall's Le cheval à la lune (1943) sold for €464,600. Hsiao Chin's Pintura 5 (1958) was sold for €374,100, and Liu Guofu's Cold Mountain 25-6 (2025) set a new world auction record at €283,800. All design lots were sold.
Key facts
- Phillips held its first Paris auction, Vente Art Moderne & Contemporain et Design, on 21 October 2026
- The sale totaled €4,874,265 with 48 of 53 lots sold and a 98% sell-through rate by value
- Joan Miró's Peinture (1930) from the Marcel Brient Collection topped the sale at €503,100
- Marc Chagall's Le cheval à la lune (1943) sold for €464,600
- Liu Guofu's Cold Mountain 25-6 (2025) fetched €283,800 from a €60,000 low estimate, a world auction record
- Hsiao Chin's Pintura 5 (Painting 5) (1958) sold for €374,100 against a €50,000 low estimate
- Piero Dorazio's Internamente (1959) reached €232,000
- The design section sold 100% of its lots, with Takis's Signal Aeolien (1975) at €92,880
Entities
Artists
- Joan Miró
- Marc Chagall
- Hsiao Chin
- Liu Guofu
- Piero Dorazio
- Mario Schifano
- Salvatore Emblema
- Lucio Fontana
- Jean-Paul Riopelle
- A.R. Penck
- Takis
- Panayiotis Vassilakis
- Georges Jouve
- Line Vautrin
- Marcel Brient
- Clara Rivollet
- Antonio Mirabelli
Institutions
- Phillips
- Art Basel Paris
- Grand Palais
- Christie's
- Sotheby's
- Artribune
- London Art Week
Locations
- Paris
- France
- London
- United Kingdom
- Seine
- English Channel