Phillips, New York · Artnet News
Phillips achieves $115.2M with white glove sale
Phillips conducted a white glove sale totaling $115.2 million, more than doubling the previous year's result at the same auction. The strong performance demonstrates sustained collector confidence in the curated sale format.
Phillips' white glove sale achieved $115.2 million, substantially exceeding comparable results from the previous year. White glove sales represent fully pre-sold auctions where all lots find buyers before the gavel falls, eliminating market risk. The doubling of year-over-year revenue reflects both increased lot values and expanded catalog depth. This performance underscores the auction house's success in attracting high-value consignments and maintaining collector participation during market fluctuations.
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