Phillips London Contemporary Evening = £36.38m
Sotheby's Contemporary day sale = £16.1m; Christie's PWC day sale = £16.8m with a record price for Alex Katz
Phillips Evening sale performed well with 25 out of 28 lots sold or a 89% sell-through rate. As with all of this week’s sales, the sell-through rates were helped by third-party guarantees or otherwise perspicacious sale management. A couple of lots without support were sold at greatly compromised prices but sold nonetheless.
The Gerhard Richter jet made …