Each season, Phillips generates records for rising talent during its New York “New Now” sale, which is mainly devoted to in-demand emerging artists. This week, new benchmarks were set for 32 artists, including Amanda Baldwin, Ángeles Agrela, Alteronce Gumby, and Raelis Vasquez, with bidding dominated primarily by European and U.S. collectors.
Together, the sales brought in a collective $8.4 million with buyer’s premium across 222 lots. Without premium, the sale failed to surpass its high estimate of $7.3 million, reaching a $6.7 million hammer low estimate in the end.
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Though the highest prices were for artists like George Condo and Yayoi Kusama, who are established and already have a market following, Phillips specialists are more focused on artists who are still gaining traction.
Below, a look at the works from Phillips’s New York “New Now” sale that saw the most competition among bidders.