Art News

Phillips de Pury & Company’s New York Contemporary Art Part 1 auction totals $71,292,500

NEW YORK, N.Y.- Phillips de Pury & Company’s Contemporary Art Part I totals: $71,292,500, selling 94 % by value and 85% by lot in a lively and packed auction room. The Contemporary Art Benefit auction for the Solomon R Guggenheim Foundation totaled $2,682,000, selling 93% by value and 95% by lot. “We were very happy to lend our support to the Guggenheim Museum. The Benefit Auction was the ideal prelude to what overall was a very successful evening.” Simon de Pury, Chairman of Philips de Pury & Company. “Tonight’s excellent results demonstrate the depth of the market. We saw consistent participation throughout and steady results in line with our expectations.” Michael McGinnis, Senior Director and Worldwide Head of Contemporary Art. Top Ten Lots: *CY TWOMBLY, Untitled,$9,042,500 *ANDY WARHOL, Nine Gold Marilyns (Reversal Series), $7,922,500 *RICHARD PRINCE, Runaway Nurse, $6,802,500*ALEXAND