Phillips November 2023 New York Auctions: Richter and Léger Lead at $154.6 Million
On November 14, 2023, Phillips conducted its evening auctions in New York, achieving a remarkable total of $154.6 million, marking the second-best result in the company's history. The event featured two key sessions: 'Living the Avant-Garde: The Triton Collection Foundation, Evening Sale Part I' and '20th Century & Contemporary Art, Evening Sale Part II'. The Triton auction, which had an estimated value of $70-100 million, generated $84.7 million, with all 30 lots guaranteed. The highlight was Fernand Léger's 'Le 14 juillet', which fetched $17.6 million. In the second sale, Gerhard Richter's 'Abstraktes Bild (636)' topped at $34.8 million, while emerging artist Jadé Fadojutimi set a record with 'Quirk my mannerism' at $1,935,500. This total represented an 11% increase compared to 2022.
Key facts
- Phillips New York evening sales on November 14, 2023, totaled $154.6 million.
- The Triton Collection Foundation sale achieved $84.7 million, with all 30 lots guaranteed.
- Fernand Léger's 'Le 14 juillet' sold for $17.6 million, the top lot of the Triton sale.
- Gino Severini's 'Mare = Ballerina' sold for $444,500, far above its $80-120,000 estimate.
- Gerhard Richter's 'Abstraktes Bild (636)' led the 20th Century & Contemporary Art sale at $34.8 million.
- Jadé Fadojutimi set a new auction record with 'Quirk my mannerism' selling for $1,935,500.
- The evening total was the second-highest in Phillips' history and up 11% year-over-year.
- Phillips chairman Robert Manley noted market resilience despite global challenges.
Entities
Artists
- Fernand Léger
- Gerhard Richter
- Jadé Fadojutimi
- Pablo Picasso
- Joan Mitchell
- Gino Severini
Institutions
- Phillips
- Triton Collection Foundation
- Gagosian
- Christie's
- Artribune
Locations
- New York
- United States
- Venice
- Italy