January 31, 2012

Record Prices at Phillips de Pury's Editions Sale

New York - Phillips de Pury & Company continues to set the standard for editions with strong results totaling $1,585,125: selling 88% by value and 85% by lot.

In a packed and buzzing saleroom there was fierce competition between internet bidders formany pieces including prints by Ed Ruscha and Keith Haring with a lively bidding war taking place between phone and internet bidders for Andy Warhol’s Liz lithograph which sold for $22,500 nearly four times its pre- sale estimate.

"Another Editions filled auction room with new and enthusiastic faces helped propel the sale to strong results yesterday afternoon on Park Avenue. People will respond to fresh work presented beautifully, even in non-traditional selling times. Record prices were set for images by Helen Frankenthaler, Marcel Duchamp, Tom Wesselmann, Jasper Johns, Roy Lichtenstein, Richard Serra and John Baldessari amongst others." Kelly Troester and Cary Leibowitz, Co-Directors of Modern and Contemporary Editions.

Top Ten Lots
102 ANDY WARHOL, Flash-November 22, 1963, $52,500
52 LYNN CHADWICK, Walking Cloaked Figures VI: one sculpture, $35,000
61 MARTIN LEWIS, Quarter of Nine, Saturday’s Children, $22,500 world record price for this image
103 ANDY WARHOL, Liz, $22,500
256 DAMIEN HIRST, Pharmaceuticals, $21,875
234 JOHN BALDESSARI, Object (with Flaw), $21,250
93 TOM WESSELMANN, Monica Nude with Cezanne, from Portfolio 90, $20,000
192 RICHARD ARTSCHWAGER, Book, $18,750 world record price for this multiple
60 VARIOUS ARTISTS, Regards sur Paris portfolio, $18,750
71 ROBERT RAUSCHENBERG, American Pewter with Burroughs series, $18,750 world record price for this set

The Evening Editions sale will take place on April 25th at 6pm at 450 Park Avenue.