London-based auction house Phillips has established a reputation as the place to be for acquiring works by emerging artists in high demand in the primary market. Every season, daytime and evening New York sales at Phillips typically generate rising talent records, and last week they certainly were. During these auctions, new credentials were set for 26 artists, including Cinga Samson, Avery Singer, Titus Kaphar, Julie Curtiss and Kehinde Wiley. Together, your sales brought in $ 153 million with a buy premium on 324 lots, beating the low estimate of $ 101 million.
Phillips scholars have spoken out about the increased fervor among collectors for the work of emerging and mid-career female artists and artists of color. Compared to their Western male peers, these artists have long been under-represented in institutions around the world. âThere was a lot of intentionality in the pursuit of underrepresented artists,â said Robert Manley, vice president of Phillips and global co-head of 20th and 21st century art sales. ARTnews Last week.
But which artists are at the top of the lists of collectors? Below is an overview of the works from Phillips’ New York sales that experienced the most competition among bidders.