$95m Phillips sale closes out $525m auction series

  • May 12, 2011 21:30

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Warhol's "Liz #5 (Early Colored Liz)", 1963 sold for $27m (est $20m-$30m).
Phillips de Pury

Phillips de Pury wrapped this week's auction series with a $94.8m sale of 50 lots of which 88% were sold by value, and 76% by lot.

It was a Warhol-heavy, four days of postwar and contemporary sales, totaling $524.6m at the major auction houses.

Phillips had Warhol's blue silkscreen "Liz #5 (Early Colored Liz)," 1963 (est $20m-$30m) from Steve Cohen's collection. It to a buyer on the telephone for $27m.

Another highlight was Jacob Kassay who got his evening sale premier with Untitled, 2009, which soared above a $60,000-$80,000 estimate to hammer at $240,000 ($290,500 with fees).

Read more at The Art Newspaper


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