ArtTactic Editorial

Auction News

New York Maintains Control of Growing Auction Market

By Mary Ahearn
August 7, 2018
https://www.phillips.com/detail/ROBERT-MOTHERWELL/NY010318/8

Robert Motherwell’s “At Five in the Afternoon” (1971) sold at Phillips 20th Century & Contemporary Art Evening Sale in New York on 17 May 2018 for a hammer price of $11 million. The work was from the collection of Holly Hunt. This was the second highest earning painting from the sale, followed by Jean-Michel Basquiat’s “Flexible” (1984), which sold for a hammer price of $40 million. Image courtesy of Phillips.