Phillips’ June Design Auction Achieves $3.5 Million

New York, 6 June 2017

Phillips’ June Design Auction Achieves $3.5 Million, Alex Heminway, Head of Design, Americas, and Cordelia Lembo, Head of Sale, Design said: “We are pleased to conclude Phillips’ spring season in New York with today’s solid results. There was strong demand for French postwar works across the board and we were delighted to see Jean Prouvé’s Cabinet, model no. 152 soar to $190,000, nearly doubling its low estimate. Ron Arad’s impressive “Oh, the Farmer and the Cowman Should be Friends” led the sale, realizing $298,000. Ceramics also performed quite well with all of our works by Lucie Rie selling within or above estimate and with Akiyama Yo’s Untitled “MV-1011” setting a new auction record for the artist. We look forward to the fall season, in which we will continue to bring together the finest works of 20th and 21st century design.”

Lot	Description	Estimate	Price Achieved
101	Ron Arad, “Oh, the Farmer and the Cowman Should be Friends”, 2009	$250,000 - 350,000	$298,000 £231,099 / €264,505
20	Jean Royère, Pair of low “Œuf” chairs, 1950s	$150,000 - 200,000	$231,250 £179,334 / €205,258
9	Jean Prouvé, Cabinet, model no. 152, circa 1952	$100,000 - 150,000	$190,000 £147,345 / €168,644
6	Gio Ponti and Piero Fornasetti, Unique “Madrepore” dining table and set of four armchairs, circa 1950	$120,000 - 180,000	$125,000 £96,938 / €110,950
22	Jean Royère, “Relax” sofa and pair of armchairs, circa 1950	$100,000 - 150,000	$125,000 £96,938 / €110,950
57	Pierre Chareau, “Tulip” daybed, model no. MP 102, circa 1923	$80,000 - 120,000	$93,750 £72,703 / €83,213
77	Finn Juhl, “Chieftain” armchair, model no. FJ 49 A, designed 1949, executed circa 1960	$70,000 - 90,000	$75,000 £58,163 / €66,570
64	Jean-Michel Frank, Pair of tabourets, circa 1938	$50,000 - 70,000	$68,750 £53,316/ €61,023
100	Mattia Bonetti, “Strata” cabinet, 2004	$60,000 - 80,000	$68,750 £53,316/ €61,023
61	Pierre Chareau, Pair of tabourets, model no. MT 1015, circa 1923	$40,000 - 60,000	$65,000 £50,408 / €57,694

NEW AUCTION RECORDS

Lot	Description	Estimate	Price Achieved
30	Pierre Barbe, Wall-mounted coat hanger, from the Villa Cavrois, Croix, France, circa 1947	$8,000 - 12,000	$8,750 £6,786 / €7,767
	*previous record price: $5,626 set in 2010
86	Friedrich Otto Schmidt, Table, circa 1905	$12,000 - 18,000	$27,500 £21,326 / €24,409
	*previous record price: $4,270 set in 2016
88	Akiyama Yo, Untitled “MV-1011”, 2010	$10,000 - 15,000	$27,500 £21,326 / €24,409
	*previous record price: $18,750 set in 2007