Phillips Spring Sale Nets $115.2M, Up 119% Year-on-Year
On Tuesday, Phillips hosted an evening auction of modern and contemporary art that garnered $115.2 million, including fees, marking a remarkable 119% rise compared to the previous year. All 41 lots were sold after the withdrawal of two pieces. The total approached the estimated $121.7 million, achieving $91.7 million prior to fees against a minimum estimate of $84.3 million. Auctioneer Henry Highley commenced with Salman Toor’s Two Friends (2020), which sold for $335,400. Lee Bontecou’s Untitled (1985–2001) fetched $4.23 million, while P.S. Krøyer’s 1902 self-portrait set a record at $1.29 million. A Jackson Pollock went for $9.17 million, with fifteen lots, including works by Warhol and Matisse, falling short of estimates.
Key facts
- Phillips evening sale of modern and contemporary art on Tuesday achieved $115.2 million with fees.
- All 41 lots sold; two works (Richard Prince, Albert Oehlen) were withdrawn.
- Total was up 119% from the same sale last year.
- Before fees, total was $91.7 million against low estimate of $84.3 million.
- 21 lots had third-party guarantees.
- Salman Toor's Two Friends (2020) sold for $335,400 (est. $180,000–$250,000).
- P.S. Krøyer self-portrait set artist record at $1.29 million.
- Jackson Pollock work sold for $9.17 million, down from $15.3 million in 2024.
- Claude Monet's La Route de Vétheuil, effet de neige sold for $9.29 million.
- Joseph Yaeger's watercolor sold for $477,300 (est. $60,000–$80,000).
Entities
Artists
- Salman Toor
- Lee Bontecou
- P.S. Krøyer
- Joseph Yaeger
- Helen Frankenthaler
- Anna Weyant
- Pat Passlof
- Andy Warhol
- Francis Picabia
- Henri Matisse
- Jackson Pollock
- Claude Monet
- Richard Prince
- Albert Oehlen
Institutions
- Phillips
- Artnet News
- Artnet Price Database
- Christie's
- Christie's London
- Sotheby's
- Sotheby's New York
Locations
- New York
- California
- Denmark
- London