ART MARKET WATCH


Nov. 16, 2006

While works by Willem de Kooning and Andy Warhol are the gold standard at the uptown auction houses, at Phillips, de Pury & Co. in Chelsea the coin of the realm is Richard Prince and Christopher Wool. The room is fairly raw and much smaller, the crowd certainly is younger and prettier, and the totals considerably less. Phillips’ contemporary art sale of Nov. 16, 2006, totaled $29,694,800, with 60 of 68 lots finding buyers, or 88 percent.

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