Pursuits
Warhol Marilyns Unsold at $24 Million Phillips’ U.K. Sale
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Phillips tallied a less-than-expected 14.9 million pounds ($23.8 million) at its contemporary art sale coinciding with London’s Frieze week as major works by Andy Warhol and Gerhard Richter failed to sell.
The evening auction at Phillips, which took place yesterday in its new London home on Berkeley Square in the wealthy Mayfair neighborhood, fell short of the company’s low estimate of 15.5 million pounds as 37 of the 46 offered lots found buyers.