Hours after the latest edition of Frieze New York opened to VIPs Wednesday, Phillips staged an evening sale dedicated to art from the 20th century to today that brought in a total of…
It was one of 200 portraits Warhol made for his 'Athletes Series,' which included portraits of Muhammad Ali, Kareem Abdul-Jabbar and Dorothy Hamil.
"There are no planned adjustments to the company's operations and staffing," the house said.
Ahead of Art Basel Hong Kong, the auction house opened a six-floor sales room in the special administrative region.
More auction bidders on high-end art are from Asia and members of Generation X and Millennials.
Results were down 30 percent from a comparable auction held a year prior, and the top lot was pulled before the sale.
Auction houses continuously broke records for canonical and emerging artists between the fall and spring seasons.
Phillips made $1.3 billion in sales over the last year, the auction house said in a statement last week. While the annual figure was a record for the house, it marked a mere 8…
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Third-party guarantees represented around 41 percent of the sale.