From the archive
Fine ArtPhillips New York sells out at US$115.2m with fees, with 21 of 41 lots guaranteed
The sale sold out at a US$91.73m hammer, inside the US$84.3m to US$121.7m estimate, though the Warhol that topped the night missed its low estimate.
Event: 19 May 2026 · Added to Luxury Assets News: 16 October 2026
First reported 20 May 2026, the morning after the sale.
Written with AI by the Luxury Assets News desk. How we work.
Phillips sold all 41 lots offered at its New York evening sale on 19 May 2026 for US$115.2m with fees, a hammer total of US$91.73m, The Art Newspaper reported.
The hammer total was 67.4 per cent above Phillips’s November 2025 marquee sale, which made nearly US$54.8m hammer and US$67.3m with fees, and 107.5 per cent above the equivalent sale a year earlier, according to The Art Newspaper. The pre-sale estimate, which excluded fees, was US$84.3m to US$121.7m.
The top lot, Andy Warhol’s ‘Sixteen Jackies’ (1964), fell short of its US$15m to US$20m estimate at US$13.5m hammer, US$16.2m with fees. Claude Monet’s ‘La Route de Vétheuil, effet de neige’ (1879) made US$7.5m hammer, US$9.9m with fees. Auction records were set for Joseph Yaeger, P.S. Krøyer and Pat Passlof.
Two lots were withdrawn before the sale, and 21 of the 41 lots offered were backed by guarantees, according to the report.
A lot with a history showed how far pricing had moved. Jackson Pollock’s ‘Untitled’ (around 1948) was offered by Phillips in November 2024 with an estimate of at least US$13m. It returned in May 2026 with an estimate of US$7m to US$10m and made US$7.4m hammer, US$9.1m with fees.
Early Danish paintings from a private collection produced one of the night’s surprises with the Krøyer record, which beat a mark set in 2000. Three of the Hammershøi lots in the group hammered below their low estimates.
Key issues: our analysis
- Half the lots guaranteed
- Top lot below its low estimate
- Pollock estimate cut from at least US$13m to US$7m to US$10m
This brief records the event as it stood on its date. Later developments are dated in the text or in newer reports, linked below.
Sources
- Source: The Art Newspaper · 20 May 2026
How this was produced
This archive piece was prepared with AI from the linked reporting and published through automated editorial checks. For information only; not financial, investment, tax or legal advice. Editorial standards · Corrections.