Phillips

News
Auction houses

Phillips names Olivia Thornton head of 20th-century and contemporary art in Europe

The appointment comes after a handful of new hires across the auction house’s offices

Analysis
Art market

Price match! Old Masters vs contemporary art: what can you get for your money?

As London's Classic Week of sales comes to a close, we take a look at what the same sum will buy you at either end of the art historical timeline

News
Auctions

Female painters steal the limelight at Phillips contemporary evening sale in London

Market is not “as effervescent as it was”, but £36m total is the auction house’s highest in June for over a decade despite disappointing results for Modern works

News
Art market

San Francisco museum's Rothko sells for $50m as Sotheby’s closes bumper week of New York auctions

Dana Schutz’s record broken twice in one night at Phillips then Sotheby's, while the bidder behind the $91m Koons Rabbit buys Lee Krasner painting for $10m

News
Art market

Gerhard Richter’s jet fighter painting finally takes off at Phillips after bumpy legal battle

After previous buyer defaulted on paying for the work in 2016, painting sold in London for £15.5m in a significantly smaller auction compared with 2018

News

Rio’s Museum of Modern Art finally sells Pollock for around $13m

For a struggling institution, the price is short of earlier estimates

News
Art market

Shifts among the major auction houses could spell serious change

Loic Gouzer to leave Christie’s as the auction house restructures in wake of Francis Outred's departure, while Phillips upgrades its New York headquarters

News
Auctions

Phillips and Bonhams see strong sales on smaller lots

The auction houses' bottom lines suffered from unsold lots in their contemporary sales, continuing a trend of top-lot discernment during New York’s fall sales

Podcast

David Hockney: exclusive interview with the world's most expensive living artist

We talk to David Hockney about Portrait of an Artist (Pool with Two Figures), which broke an auction record this week, selling at Christie's New York for $90.3m with fees. Produced in association with Bonhams, auctioneers since 1793.

Preview
Art market

Latin American art gets a boost on the auction block

Including the region’s art in broader sales has been a positive move for some artists' sales

Preview
Art market

What to watch on the block during New York's fall sales

Lesser known lots still hold plenty of hammer potential

Analysis
Digital art

Who needs artists? Rise in works made by AI raises real questions for the art market

A new portrait produced by an algorithm, expected to sell for around $10,000 at Christie’s, prompts new debates over authorship

News
Art market

London’s contemporary art summer season in flux as middle market comes out on top

Christie’s introduces day sale format and established names give way to new talent

News
Art market

Out with the old in with the new, with a side of Bacon, at Phillips and Christie's $528.8m auction night

New record for Joan Mitchell as fresh artists join the $10m-and-up club—but Bacon and Basquiat still dominate top prices in New York

News
Art market

Online sales, Asia and guarantees: auction house chiefs on the future of the business

The heads of Christie's, Bonhams and Phillips speak on market shifts, challenges and why they believe their model will succeed

News
Frieze New York

Basquiat’s $20m work takes centre stage in Phillips sale

Critic and curators gather to pay tribute to late artist as 1984 painting comes to market for first time

News
Auctions

Picasso painting of Marie-Thérèse gives Phillips the edge in London’s contemporary sales

A record sale at Christie’s and a solid result at Sotheby’s show the market is in full recovery

Preview
Art market

Surfacing on the market: Il Guercino's dog, John McEnroe's Mark Bradford and Jeffrey Archer's cartoons

Our pick of this month’s most interesting auction

News
Art market

From Van Gogh to Richter—what happens when bidders fail to pay up at auction?

Flaky winning bids are knocking the gloss off record-breaking sales

News
Art market

Phillips to incorporate its Latin American offering in its main contemporary auctions

Citing record prices for works by Herrera, Schendel, and Oiticica, the auctioneer hopes move will stoke international demand

News
Art market

Phillips and Sotheby's deliver healthy totals for contemporary art

Capping an epic week of auctions, solid results featuring records for female artists and a Ferrari bode well for market's future—so long as it doesn't overheat

News
Art market

Optimism abounds heading into November auctions in New York

Discretionary sellers gain confidence in the market and Christie's leads its contemporary sale with Da Vinci—but recent overreaches sound a cautionary note

News
Art market

Anatole Shagalov embroiled in legal cases that reveal problems of buying art with loans

Buyers using works as collateral and allegedly defaulting on payment becoming increasingly common in "frothy market"