Showing posts with label artfunsales. Show all posts
Showing posts with label artfunsales. Show all posts

Thursday, June 25, 2026

Phillips Suction set new sales record prices for editions & works on paper in June


 

 

STRONG PRICES AND 20 NEW RECORDS SET IN PHILLIPS’ JUNE EDITIONS & WORKS ON PAPER SALE SHOWCASE THE STRENGTH OF THE MARKET FOR EDITIONS

 

America 250, A Dedicated Chapter of the Auction Celebrating the Country’s 250th Anniversary, Sells 100% by Lot, Led by Roy Lichtenstein’s I Love Liberty

 

Competitive Bidding Drives Strong Results for Roy Lichtenstein, Damien Hirst, 

Alex Katz, Robert Rauschenberg, and Joel Mesler, Among Others

 

New York, 24 June 2026 

Sale Total: $1,444,026 / £1,096,858 / €1,271,711

 

Lots Sold: 140 | Lots Offered: 157

Sold by Lot: 89% | Sold by Value: 97% 

 

Lot 1

Roy Lichtenstein 

I Love Liberty, 1982

Estimate: $40,000–60,000

Sold for $212,850

Damien Hirst

The Souls on Jacob’s Ladder Take Their Flight, 2007

Estimate: $80,000–120,000

Sold for $122,550

 

Kelly Troester and Cary Leibowitz, Deputy Chairpersons and Worldwide Co-Heads of Editions, said, This afternoon’s sale opened with great enthusiasm for AMERICA 250, a dedicated section that brought together a dynamic group of works reflecting the complexity and richness of American visual culture in honor of the country’s 250th anniversary. We were thrilled to see such strong engagement from collectors, with the section achieving a 100% sell-through rate, led by Roy Lichtenstein’s I Love Liberty, which realized more than five times its estimate to lead the sale, and Robert Rauschenberg’s Signs, which achieved over four times its pre-sale expectations. Momentum continued with especially strong interest for the contemporary works in today’s auction. The selection of works by Damien Hirst saw solid results, led by The Souls on Jacob’s Ladder Take Their Flight at $122,550. Joel Mesler’s Untitled (Pool Party) drew fierce competition on the phones and online, nearly tripling its low estimate at $28,380. Overall, the sale reflected a vibrant start to the summer season, with 97% sold by value showed strong participation and spirited bidding underscoring the continued depth of demand across the editions market. We look forward to the fall season beginning in September with Editions auctions in London and October in New York.”

 

 

Top Ten Lots

Lot

Description

Estimate 

Price Achieved

9

Roy Lichtenstein, I Love Liberty, 1982

$40,000–60,000

$212,850

40

Damien Hirst, The Souls on Jacob’s Ladder Take Their Flight, 2007

$80,000–120,000

$122,550

13

Robert Rauschenberg, Signs, 1970

$25,000–35,000

$109,650

92

Alex Katz, Flowers, 2021

$50,000–70,000

$64,500

30

After Jean-Michel Basquiat, Piano Lesson, from Superhero Portfolio, 1982-87/2022

$40,000–60,000

$41,280

39

Damien Hirst, Methamphetamine, 2004

$20,000–30,000

$41,280

20

Andy Warhol, Van Heusen (Ronald Reagan), from Ads, 1985 

$25,000–35,000

$33,540

96

Gerhard Richter, Abstraktes Bild, 1990/2014

$20,000–30,000

$33,540

25

Joel Mesler, Pool Party, 2025

$10,000–15,000

$28,380

27

Mel Bochner, It Doesn’t Get Any Better Than This, 2014

$20,000–30,000

$28,380

 

New Auction Record Highlights

Lot

Description

Estimate 

Price Achieved

9

Roy Lichtenstein, I Love Liberty, 1982

WORLD RECORD FOR THE EDITION

$40,000–60,000

$212,850

 

*previous record price: $165,000 set in 2005 

40

Damien Hirst, The Souls on Jacob’s Ladder Take Their Flight, 2007

WORLD RECORD FOR THE EDITION

$80,000–120,000

$122,550

 

*previous record price: $95,000 set in 2009 

13

Robert Rauschenberg, Signs, 1970

WORLD RECORD FOR THE EDITION

$25,000–35,000

$109,650

 

*previous record price: $85,000 set in 2023 

2

Ed Ruscha, Made in U.S.A. or America, Her Best Product, from Kent Bicentennial Portfolio: Spirit of Independence, 1974-75

WORLD RECORD FOR THE EDITION

$12,000–18,000

$24,510

 

*previous record price: $19,000 set in 2009

91

Chuck Close, Self-Portrait, 2015

WORLD RECORD FOR THE EDITION

$10,000–15,000

$23,220

 

*previous record price: $18,000 set in 2025

 

Exchange Rate on 24 JUNE 2026: US$1 = £1.317, €1.159, HK$7.840

 

 

ABOUT PHILLIPS

Phillips: where the world’s curious and bold connect with the art, design, and luxury that inspires them. As a leading global platform for buying and selling 20th and 21st century works, Phillips offers dedicated expertise in the areas of Modern and Contemporary Art, Design, Photographs, Editions, Watches, and Jewels. Auctions and exhibitions are primarily held in New York, London, Geneva, and Hong Kong, with representative offices based throughout Europe, the United States, and Asia. Phillips offers a regular selection of live and online auctions, along with items available for immediate purchase. Phillips also offers a range of services and advice on all aspects of collecting, including private sales and assistance with appraisals, valuations, and financial planning.

Visit phillips.com for further information.

 

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

 


PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022

PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX

PHILLIPS HONG KONG G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon

 

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Friday, June 5, 2026

Phillips Global Auction Results for Ambassador John L. Loeb Jr. Art Danish Collection




 

PHILLIPS’ SALES OF THE COLLECTION OF AMBASSADOR JOHN L. LOEB, JR. ACHIEVE $18 MILLION ACROSS GLOBAL AUCTION SERIES

 

The Most Important Danish Art Collection in Private Hands Commands International Demand with 16 Works Being Acquired by Globally Renowned Institutions 

 

Collection Achieves a White-Glove Result Across the New York Live Auctions, with 

New Artist Records Set Throughout the Spring for P. S. Krøyer, Anna Ancher, Harald Slott-Møller, Edvard Eriksen, and Joel Ballin 

 

Vilhelm Hammershøi’s Courtyard Interior at Strandgade 30 selling at the May Evening Sale of Modern & Contemporary Art in New York; 

Jeremiah Evarts phone bidding with Principal Auctioneer Henry Highley

 

NEW YORK – 3 JUNE 2026 – Phillips is proud to announce that The Collection of Ambassador John L. Loeb Jr. has surpassed its aggregate pre-sale estimate, achieving a grand total of $18 million across five auctions, which took place over the course of the spring season in New York and London. In all, 135 works were sold from the collection, beginning with an enthusiastic response in London, followed by a 100%-sold white-glove performance in New York, and concluding with an online sale that was 90% sold by lot. This led to an extraordinary overall sell-through rate of 90%, with 43% of works selling above the high estimate. At once scholarly and deeply personal, Ambassador Loeb’s collection has resonated across markets, reaffirming Phillips’ ability to strategically place rare, category-defining works with the world’s most discerning collectors and institutions.

Jeremiah Evarts, Deputy Chairman, Americas, Senior International Specialist, Modern & Contemporary Art,said, “It has been such a privilege to present the extraordinary Collection of Ambassador John L. Loeb Jr. to our community of collectors over the spring season, and serving as the auctioneer in our final live auction of the group was a wonderful full-circle moment. Ambassador Loeb’s collection is undisputedly the most important private collection of Danish art ever assembled, and the global participation we witnessed over the course of the spring season — with registrants from 30 countries and buyers from all corners of the globe — is a testament to its rightful Lot 1significance within the art historical canon. With the conclusion of these sales, we are proud to announce that 16 works have found new homes in some of the world’s most renowned institutions.”

Kirsten MacDonald, Regional Director, Scandinavia, said, “This collection has given Danish art a remarkable moment to shine on the global stage. Presenting these artists alongside some of the most celebrated contemporary artists of our time has highlighted both the enduring relevance and international appeal of Danish art. I am deeply encouraged by the enthusiasm we saw from Danish institutions and private collectors. To see so many of these exceptional works returning to Denmark, where they can be enjoyed by the public, has exceeded all of my expectations.”

 

 

GLOBAL DEMAND AND INSTITUTIONAL ACQUISITIONS

Across the auctions, global institutional interest was evident, with registered bidders hailing from 30 countries and with five Danish museums acquiring six works across the London auctions. Two works by Vilhelm Hammershøi in the New York Evening Sale — Courtyard Interior at Strandgade 30 and Study of standing woman, seen from behind — were also acquired by renowned global institutions. The 16 total public acquisitions by museums include: 

 

ORDRUPGAARD

Acquired Interior with a Bunch of Wildflowers, Tyrol by Bertha Wegmann

STATENS MUSEUM FOR KUNST

Acquired Study drawing after plaster cast of ancient Greek Aphrodite, torso from c. 500 B.C.

by Vilhelm Hammershøi

THE DAVID COLLECTION

 Acquired Seated Chinese Man in Mandarin Dress by Jens Juel

RANDERS KUNSTMUSEUM

Acquired Johanne Wilde at Her Loom by L. A. Ring

RIBE KUNSTMUSEUM

Acquired The New Hat by Ludvig Find

and Collecting Mussels at Low Tide at Le Portel, France, 1888 by Laurits Tuxen

VESTSJÆLLANDS MUSEUM

Acquired Ships in a Harbor at Kalundborg Fjord (Skibe i havn ved Kalundborg Fjord) by J. Th. Lundbye

These placements from this Collection reflect Phillips’ trusted relationships with institutions worldwide, as well as the auction house’s role in stewarding works of cultural significance into major public collections.

 

MARKET-LEADING RESULTS AND NEW AUCTION RECORDS

New world records were achieved for artists that were central to the development of Danish painting at the turn of the century, including Harald Slott-Møller’s stunning Summer Day (Sommerdag), which sparked an unforgettable bidding war lasting more than six minutes in the May Morning Session of Modern & Contemporary Art. The stunning work ultimately sold for $1.3 million against an estimate of $30,000 to a bidder on the phone with Senior International Specialist Takako Nagasawa.

A full list of records set for artists included in The Collection of Ambassador John L. Loeb, Jr. are as follows:

P. S. Krøyer

Self-Portrait, Sitting by His Easel at Skagen Beach (Selvportræt, siddende ved staffeliet på Skagens strand)

1902

 

Estimate: $300,000–500,000

 

SOLD FOR $1,290,000

Lot 1

 

 

Harald Slott-Møller

Summer Day (Sommerdag)

1888

 

Estimate: $30,000–50,000

 

SOLD FOR $1,290,000

Lot 1

 

 

Edvard Eriksen

The Little Mermaid (Den lille havfrue)

circa 1910–1913 

 

 

Estimate: $12,000–18,000

 

SOLD FOR $541,800

Lot 1

 

 

Anna Ancher

Young Girl Reading a Letter (Ung pige, der læser et brev)

1902

 

Estimate: £30,000–50,000

 

SOLD FOR £154,800

Lot 1

 

 

Joel Ballin

Study of a Model, Young Girl Undressing (Modelstudie, en ung pige klæder sig af), 1844

 

Estimate: £4,000–6,000

 

SOLD FOR £49,020

Lot 1

 

   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABOUT PHILLIPS

Phillips: where the world’s curious and bold connect with the art, design, and luxury that inspires them. As a leading global platform for buying and selling 20th and 21st century works, Phillips offers dedicated expertise in the areas of Modern and Contemporary Art, Design, Photographs, Editions, Watches, and Jewels. Auctions and exhibitions are primarily held in New York, London, Geneva, and Hong Kong, with representative offices based throughout Europe, the United States, and Asia. Phillips offers a regular selection of live and online auctions, along with items available for immediate purchase. Phillips also offers a range of services and advice on all aspects of collecting, including private sales and assistance with appraisals, valuations, and financial planning.

Visit phillips.com for further information.

 

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

 


 

PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022

PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX

PHILLIPS HONG KONG G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon


 

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