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.