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Phillips Announces $746m in Sales, up 37%

Phillips released its mid-year sales figures today along with the announcement that it would be opening a Los Angeles location in West Hollywood. For the first half of 2022, Phillips had total sales of $746 million. According to the firm, that’s a 37% increase over the previous record year.  Auction sales rose to $590

After Action Report: Phillips London Evening Sale

Young artists with persistent markets helped the house close the season with a £17.5 million sale. Phillips London Evening Sale totaled £17.5 million ($21.28 million) with 31 of the 33 lots offered finding buyers. That’s a 94% sell-through rate, helped along by the withdrawal of two lots—a Baselitz and a Grotjahn—before the sale.