Phillips’ New Now Sale Achieves £6.2 Million

1 min read

New Auction Records Set for Kiki Kogelnik, Matthew Krishanu, Conny Maier, Zanele Muholi, Sayre Gomez, and Others.

phillips new now
London, UK. 5 December 2022. Technicians hang ‘Evening Rain’, 2020, by emerging artist Pam Evelyn (Est. £8,000 – 12,000) at a preview of works in the New Now auction at Phillips. Credit line: Stephen Chung / Alamy / Alamy / Profimedia
  • Sale Total: £6,264,153 / $7,630,365 / €7,252,010
  • Lots Sold: 180 | Lots Offered: 191
  • Sold by Lot: 94% | Sold by Value: 97%

Charlotte Gibbs, Head of New Now said: “We are thrilled with the strong result of £6.2 Million achieved today inanother record-breaking sale, one of the strongest results we have seen for a New Now sale in London. The prices realised underscore the international demand for both blue chip names and ultra-contemporary artists alike, with our top ten featuring artists such as Theaster Gates and Michaël Borremans, alongside Caroline Walker and Cristina BanBan. We saw a number of artists debut at auction and seven auction records were achieved. There was a great depth of bidding from over 800 participants from across 59 countries worldwide. We are particularly delighted with Pam Evelyn’s and Francesca Mollett‘s debut results, with a new wave of British artists drumming up excitement within the saleroom. There was spirited bidding on works by German and Austrian artists, led by the fantastic Günther Förg. The enthusiasm for Kiki Kogelnik’s Melancholie resulted in the work soaring past its high estimate of £50,000, realising an incredible £220,500 and beating the previous record price set in October. Our international team continue to outdo themselves in producing increasingly remarkable sales featuring exceptional and high-quality artworks. Phillips remains undoubtedly at the forefront of emerging and contemporary art with New Now proving itself to be a cornerstone of the category. We are so pleased to end Phillips’ live auction season in London on such a high and look forward to continuing this great momentum into our 20th Century and Contemporary Art spring sales in London.”

New Auction Records

Lot 12 Matthew Krishanu, Weapons, 2018

Estimate £10,000 – 15,000

Price Achieved £44,100 ($53,718/€51,055) 

*previous record price: 20,160 GBP set in 2022

Lot 81 Conny Maier, Genießbar 6, 2019

Estimate £10,000 – 15,000

Price Achieved £40,320 ($49,114/€46,678) 

*previous record price: 10,965 EUR set in 2020

Lot 86 Kiki Kogelnik, Melancholie, 1962

Estimate £30,000 – 50,000

Price Achieved £220,500 ($268,591/€255,273) 

*previous record price: 207,900 GBP set in 2022

Lot 150 Zanele Muholi, Alakhe, 2021

Estimate £10,000 – 15,000

Price Achieved £35,280 (42,975/€40,844) 

*previous record price: 35,000 GBP set in 2020

Lot 162 Sayre Gomez, 1,2,3,4 Thiefs (Part 3), 2011

Estimate £7,000 – 10,000

Price Achieved £30,240 ($36,835/€35,009)

*previous record price: 32,760 USD set in 2022

Lot 191 Ryan McLaughlin, Akbar Al Baker, 2015

Estimate £1,000 – 2,000

Price Achieved £8,190 ($9,976/€9,482) *previous record price: 2,600 EUR set in 2021

Lot 196 Yoan Mudry, BE WARNED!, 2015

Estimate £2,000 – 3,000

Price Achieved £1,386 ($1,688/€1,605)

*previous record price: 750 GBP set in 2018

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