Pi-eX POST-AUCTION Analysis

P H I L L I P S CONTEMPORARY SALE

LONDON, October 14th, 2015
General Analysis
Number of lots Sold36
Total Hammer Prices 26.9m GBP
Number of lots Bought-In (*) 0
Hammer Price (HP) vs Low Estimate (LE) Analysis

PHILLIPS achieved a "white glove" sale (100% sold) most likely helped by the fact that 70% of the works were guaranteed by Third parties.

The star of the show by value was the Yoshimoto Nara "Missing in Action, 2000", which with a HP of 1.7 million GBP achieved 243% of its LE.

The expected highlight of the evening, Cy Twombly’s "Untitled, 2006", underperformed with a HP 1 million GBP below its LE.

8 lots sold for more than 1 million GBP. This was 2 more art works than based on the estimates.

There were 4 artworks categorized under the branch of sculpture. 3 of these were sold below their LE, the remaining 1 sold exactly at its LE.

Out of the 36 art works offered, 36% sold for their exact LE. Among these, 62% were works that had been guaranteed by a Third party.

Performance Analysis
Total HP vs Total LE 112%
Percentage of lots Sold100%
Best performance ratio (HP/LE) 243%
Worse performing ratio (HP/LE) 72%
Percentage of Guarantees without IRB Bought-In (*) 0
(*) Bought-In: not sold
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