The Results Are In: Phillips de Pury Design Auction
There were likely many collectors paying close attention to the results of the April 30th design auction at Phillips de Pury & Company in London. Clearly, the darlings of the auction block are still strong and the sale of one of Marc Newson’s iconic Lockheed Lounge chairs for £950,000 (well above its pre-auction estimate) is sure to grab most headlines. But the real story here is that although the market for quality design pieces may have softened slightly, it remains relatively strong with many pieces selling either within or just below their pre-auction estimates. While lots by design giants like the Eameses and Mies van der Rohe went unsold, other mid to late century pieces by lesser-known designers had a very good showing.
Via & more: DeTnk.