Spring Art Sales Wrap at Phillips de Pury & Company with Andy Warhol Haul

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NEW YORK (REUTERS).- Spring art auctions ended on Thursday with another big Andy Warhol sale when “Liz #5” sold for $27 million at Phillips de Pury‘s $99 million contemporary art sale. The pop artist’s iconic portrait of the late actress Elizabeth Taylor went a long way toward the total for Phillips, the number-three auction house behind Sotheby’s and Christie’s, where Warhols also played a huge role this season. “We’re thrilled with the strong results … (which were) more than double this time last year,” said Phillips chairman Simon de Pury, who also served as auctioneer. Other highlights included Warhol’s collaboration with Jean-Michel Basquiat, “Third Eye,” which fetched $7 million including commission, more than twice the high estimate and a record for a joint work by the two artists. Warhol’s “Flowers” so