Phillips

Phillips's evening auction in New York notches $72.3m, buoyed by two fresh Basquiat paintings

The sale's hammer total fell short of its estimate, but also represented an increase of 24% over the equivalent auction in 2023

Trio of Basquiat paintings could bring more than $86m at Phillips in May

The largest painting in the group, "Untitled (ELMAR)" (1982), will be offered during the marquee spring sales in New York with a $40m to $60m estimate

Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding

The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell

Cautious but calm art market awaits London’s March auctions

Expectations are measured as sector adapts to new economic landscape

Phillips's selling show of contemporary Indigenous art reflects surge in curatorial interest

Collectors’ enthusiastic response to 'New Terrains' exhibition is latest signal that the market is finally catching up

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Phillips auction gives James Rosenquist estate the best of both worlds

Pop artist’s paintings have seven-figure prices, but his prints are available for just a few hundred dollars at New York sale

Phillips chief executive Stephen Brooks steps down after two years

Brooks, who joined the company in 2021, has left for personal reasons

More than 200 works belonging to Lisa Schiff could be sold by Phillips to help repay former adviser's creditors

The auctions, which would happen across 2024 if a court approves the plan, could be followed by sales of around 900 additional works

What did the New York auctions reveal about the state of the art market?

Plus, experimental art from the Eastern Bloc and a sculptural installation by Terry Adkins

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Phillips’s $154.6m New York double-header is both just good enough—and historically successful

The house’s two-part auction fell short of the low estimate but still became its second-best showing ever by dollar value

Lines redrawn: how artists and auction houses are shaking things up with new ways of working together

Phillips’s recent private selling exhibition of Damien Hirst works marked 15 years of artists collaborating with auction houses, with or without gallery cooperation

Phillips aims for $70m haul with New York sale of works from the Triton Collection Foundation

A double-sided Fernand Léger estimated between $15m to $20m leads the offering, amassed by a Dutch shipping and oil magnate and his wife

Phillips launches Dropshop, selling newly commissioned works direct from artist to collector

The auction house is pursuing the primary market with the new digital platform, which will sell monthly "drops" of limited editions by artists such as Cj Hendry

Phillips scores $69.5m in New York evening sale, led by Banksy’s take on Basquiat

A painting by Noah Davis reached more than nine times its low estimate after a 12-minute bidding war

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Auction houses anticipate $2.2bn from New York spring sales despite cooling market

Demand for ultra contemporary works may have eased but there is little sign of a sales slump, say the New York firms

Phillips unveils new Asia headquarters in Hong Kong, promising investment in local scene after 'difficult' few years

The opening of the 52,000 sq ft Kowloon space kicked off the city's first international art week since Covid restrictions lifted

Works worth more than $20m accounted for nearly half of auction sales in 2022, according to new Sotheby's report

Report also highlights how Asian, Millennial and Gen X buyers are changing the demographic of the market

Phillips reveals launch programme of Asia headquarters in Hong Kong

Works by Yayoi Kusama, Matthew Wong and Loie Hollowell will headline a preview exhibition for its inaugural auctions in March

The donating game: How artists like Tracey Emin are driving philanthropy in the art world

The British artist is among those who have donated millions of pounds’ worth of art to charities—perhaps we could all take a leaf out of her book?

Phillips’s $138.7m contemporary art sale in New York reflects ‘a general cautiousness in the market’

The measured result, which slightly surpassed its low estimate and the total take from the same sale last year, was bolstered by a late Cy Twombly that fetched $41.6m

How does the market judge 'juvenile' work by name-brand blue-chip artists? Two early Warhol paintings are about to find out

Offered next week at Phillip's New York, the works were made during Warhol's student days and bear no resemblance to his signature styles

Phillips partners with Beijing auction house Yongle for series of joint sales

Joint venture announced amid declining sales figures at Chinese auction house

Frieze Week in New York: mammoth auction sales and a shifting art fair landscape

Plus, the Albers Foundation plans a Senegal space, and a golden Indian manuscript at the British Library

Hosted by Ben Luke. With guest speaker Benjamin Sutton. Produced by David. Clack, Aimee Dawson and Henrietta Bentall
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Phillips racks up a record $225m in New York—with Basquiat alone bringing in $85m

Women accounted for nearly half of the lots, led by Yayoi Kusama and her early Infinity Net paining which sold for a record $10.5m

Appeals court sides with Phillips in dispute with Chinese collector over auction of Gerhard Richter fighter jet painting

The decision, the latest (and possibly last) in a legal saga that stretches back to 2015, upholds a 2021 decision in the auction house’s favour

Phillips donates £5.8m, the auction house's share from its evening sale of 20th-century and contemporary art, to Ukrainian Red Cross

The sale felt fresh, with 83% of works making their auction debut and in-demand young artists again taking centre stage, with a new record for Issy Wood