Phillips Will Sell a Pop-Art Trove Worth an Estimated $60 Million, One of the Largest Consignments in Its History
Art Business

Phillips Will Sell a Pop-Art Trove Worth an Estimated $60 Million, One of the Largest Consignments in Its History

Andy Warhol, David Hockney (1974). Image courtesy of Phillips. Phillips has secured one of the most valuable consignments in its history: 95 works from the collection of Minneapolis entrepreneur Miles Fiterman and his wife Shirley. It’s a big coup for the auction house: Together, the works by American art titans Alexander Calder , Robert Motherwell , Andy Warhol , Roy Lichtenstein , and others are expected to realize more than $60 million. The haul will be offered across a series of sales in New York, London, and Hong Kong. “This is the next chapter in our evolution into a major global competitor,” Robert Manley, Phillips’s worldwide co-head of 20th century and contemporary art, told artnet News. The auction house has historically lagged far behind the Big Two, Sotheby’s and Christie’s, in terms of total sales, but it has posted striking gains in recent years. Last year, it recorded the highest total in its 220-year history . “We’re trying to re-envision what Phillips can be,” Manley added. “Phillips has long been considered this great place to sell younger contemporary artists. That perception is frankly not totally accurate. We want to be a 20th- and 21st-century company.” Phillips won the consignment […]

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