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Auctioneer Henry Highley at the Phillips New Now sale in London, July 13, 2021. Image courtesy Phillips.
Phillips’s “New Now” contemporary art sale in London on July 13, which featured an eclectic mix of artworks by emerging, buzzed-about artists alongside established blue-chip names like Andy Warhol, Banksy, and KAWS, pulled in a sturdy £6.4 million ($8.8 million), the highest total for a Phillips London sale in the category.
The intermingling of well-established with new names in a single auction tends to lead to a clear split between the top prices, with the more recognizable stars bringing in more cash.
But the Phillips sale was something of an exception: while the top lots of the night were by Warhol and KAWS, much buzzed-about figurative artists like Genieve Figgis also made big splashes, and nearly 20 auction records were set for living artists, including Josh Smith, Ryan Gander, and Oli Epp.