LONDON — Phillips’ evening sale of Twentieth Century and contemporary art on June 27 totaled $15,672,360 with 21 lots out of 31 offered sold, 68 percent sold by lot and 85 percent sold by value.
The top lot, Anselm Kiefer’s “Für Velimir Khlebnikov: Die Lehre vom Krieg: Seeschlachten,” 2004-2010, earned $3,153,480 against a $500/800,000 estimate. The price achieved set a new world auction record for the artist.
Jean-Paul Engelen, worldwide head of contemporary art, and Hugues Joffre, worldwide head of Twentieth Century art, said, “We are pleased with these results, which demonstrated a healthy market despite an uncertain economic backdrop. The sale saw bidders from more than 20 countries across four continents, demonstrating that we operate in a truly global market. We were also pleased to set a new world record for a work by Anselm Kiefer, and we saw strong results for paintings by Michelangelo Pistoletto and Rudolf Stingel. The contemporary market remains vibrant, and our international team worked hard to assemble a sale that offered attractive works across multiple categories and price points.”