"Phillips also set a record, albeit at a fairly low price level, for painter Anna Archer, whose 1902 Young Girl Reading a Letter (Ung pige, der læser et brev) sold for £154,800 ($207,000), roughly three times its £50,000 high estimate. Both the Archer and the Hammersh øi were from the collection of John L. Loeb Jr., a former U.S. ambassador to Denmark, who focused on Danish painters."
"Phillips's Modern and contemporary evening sale in London on Thursday bought in about £13 million ($17.3 million), down 16 percent, based on Pound sterling, from the same auction last year. The two top lots, an Andy Warhol Mao and a serene interior scene painting by Vilhelm Hammersh øi achieved the exact same premium-inclusive price. Both were backed by third-party guarantees."
Phillips's modern and contemporary evening auction in London achieved approximately £13 million in sales, representing a 16 percent decline from the previous year's equivalent sale. Two works tied as top lots: Andy Warhol's Mao (1973) and Vilhelm Hammersh øi's Interior of Woman Placing Branches in Vase on Table, both selling for £1.6 million with third-party guarantees. The auction set a record for painter Anna Archer, whose 1902 Young Girl Reading a Letter sold for £154,800, nearly triple its high estimate. Both the Archer and Hammersh øi paintings originated from the collection of John L. Loeb Jr., a former U.S. ambassador to Denmark who specialized in Danish painters. The sale featured 29 lots with an 85 percent sell-through rate after withdrawals.
#art-auction-results #modern-and-contemporary-art #danish-painters #phillips-auction-house #market-decline
Read at Artnet News
Unable to calculate read time
Collection
[
|
...
]