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Picasso, Matisse and Bradford Lead Our Best-Ever Sale

Picasso Matisse and Bradford Lead Our Best-Ever SalePicasso Matisse and Bradford Lead Our Best-Ever Sale 2rPunctuated by extraordinary results for Pablo Picasso and Henri Matisse and a world auction record for Mark Bradford, a historic London Evening Sale achieved our highest sale total in any location at Phillips.

Said Edward Dolman, Chief Executive Officer, immediately following the sale, “This is a historic result for Phillips as our 20th Century & Contemporary team achieved the biggest sale in the history of the company. Our total of £97.8 million (US$135.2 million) exceeds last year’s total by almost seven times, an incredible achievement and a testament to the extraordinary team we’ve assembled around the world. This sale continues to demonstrate a solid market for modern and contemporary art, and I expect our momentum to continue in New York this May.

Chairman Cheyenne Westphal elaborated, telling the press, “Our move to expand deeper into the 20th century is clearly paying off as the strong prices we achieved for Modern works such as Pablo Picasso’s La Dormeuse and Henri Matisse’s Nu allongé I (Aurore) contributed to our record sale total. Our terrific showing was bolstered by a world-record price for Mark Bradford’s Helter Skelter I, an astonishing work by one of the greatest painters of our time.”We also achieved strong prices for works by German artists Anselm Kiefer, Georg Baselitz and Wolfgang Tillmans. We’re proud to have worked with some truly exceptional consignors this season, including John McEnroe; the Collection of Betty and Stanley Sheinbaum; and the Triton Collection Foundation.

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