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The auction results of the past few years have confirmed it: dinosaurs are on trend. And not just as prehistoric relics or tools of scientific inquiry, but as symbols of timelessness and taste. More and more, fossil skeletons are being treated as investments—something that is, in some cases, more emotionally and symbolically resonant than contemporary art with which it might share the auction block. Is it the return of Jurassic Park? Or perhaps simply that most of us are captivated by dinosaurs in childhood? In any case, as nostalgia increasingly drives purchasing decisions across collectibles markets, dinos are unquestionably riding the wave.
Phillips has been strategically attuned to this shift—likely thanks to a younger cohort of specialists in its ranks. Instead of competing head-to-head with Sotheby’s and Christie’s single-owner sale narratives, the house has leaned into a different storytelling and marketing strategy, enhancing the symbolic power of artworks not through tales of glamorous collectors but by connecting the works to deep time.
Last night, CERA—a juvenile Triceratops skeleton dated to 66 million years ago and the first of its species ever to appear at auction—fetched $5,377,000 in the Out of This World auction (a specially curated section of the house’s November Modern & Contemporary sales). While that figure may seem modest when measured against the marquee masterpieces of the season, spirited bidding pushed it far beyond its $2,500,000-3,500,000 estimate and confirmed demand for this type of collectible. It also brought Phillips an audience that may never have engaged with the auction house otherwise; representatives confirmed that the skeleton sold to a private American collector new to the house, though global interest had poured in ahead of the sale from both private buyers and international institutions.
According to Miety Heiden, Phillips’ chairman for private sales, the result is a powerful testament to collectors’ evolving tastes. “More than ever, we’re seeing a desire for works that spark curiosity and transcend traditional categories. People are looking for objects that bring wonder and dialogue into a collection,” she said. “This result underscores the appetite for rare and extraordinary pieces that challenge convention and expand the boundaries of what collecting can be.”
At this year’s Frieze Masters—the only segment of the global brand typically reserved for million-dollar modernist and Old Masters works—two of the opening day’s first sales were paleontological. David Aaron placed a Triceratops head from the Late Cretaceous (circa 68 million years ago) within the first hour, followed later by a complete saber-toothed Nimravidae skeleton from the Oligocene (circa 33.7-23.8 million years ago), which sold for a strong six-figure sum. And no one has forgotten the Stegosaurus Apex, which shattered records at Sotheby’s in July 2024, hammering at $44.6 million—more than seven times its $4-6 million estimate—to billionaire Ken Griffin.
Phillips’s Evening Sale on November 19 achieved $67,307,850 across 33 lots, with a robust 94 percent sold by lot (only two passed) and 97 percent sold by value. It was a strong result, particularly considering the momentum already shown by Sotheby’s and Christie’s earlier in the week.
Leaving behind the cutting-edge but highly speculative ultra-contemporary works that once dominated its auction offerings, the evening’s turnout—up 24 percent from last November—was driven by a pairing of institutionally recognized blue-chip artists of the past century with recent market consolidations, presented for the first time alongside natural history highlights under the Out of This World label. The top lot was the highly anticipated Francis Bacon Study for Head of Isabel Rawsthorne and George Dyer (1967), which sold for $16,015,000—neatly within its $13-18 million estimate. Just after came Joan Mitchell’s monumental Untitled (1957-1958), a densely gestural canopy of color from her New York years, which brought in $14,290,000.
Another high-profile lot, Jackson Pollock’s dynamic 1947 work on paper, sold for $3,486,000—just below its high estimate. Mark Tansey’s Revelever (2012) sparked a competitive seven-minute bidding war that carried it to $4,645,000 against its $2,500,000-3,500,000 estimate. The hypnotic, conceptually loaded composition creates an optical push-pull that immerses viewers in a moment of driving toward a mountainous horizon, almost tasting the crisp air in its ultramarine haze.
Meanwhile, Jean-Michel Basquiat’s Exercise (1984), a loosely composed, surreal tangle of hallucination and paint, achieved $3,852,000 after a $3-4 million estimate. Another Basquiat from 1982 followed close behind, selling for $1,225,500. Camille Pissarro’s late Impressionist Le pré et la maison d’Éragny, femme jardinant, printemps (1901) surpassed its high estimate, closing at $1,900,000. Max Ernst’s Dans les rues d’Athènes (1960) doubled its expectations with a $1,534,000 result, riding the continued momentum for Surrealism. Rising Colombian artist Olga de Amaral also saw strong results. Her luminous golden textile Alquimia 62 (1987) soared to $748,200, well above its $300,000-500,000 estimate. A few lots later, a red composition from the same series met its estimate midpoint, hammering at $516,000.
Firelei Báez set a new auction record—if only briefly. Her Daughter of Revolutions brought in $645,000 over a $300,000-500,000 estimate before being surpassed by a $1,111,250 result at Christie’s later that evening.
Women artists once again delivered some of the evening’s most compelling results. Amid growing recognition for Alma Thomas, her Untitled collage from 1968—a blueprint for her signature mosaic-like abstractions—sold for $477,300 over a $250,000-350,000 estimate. Ruth Asawa’s Untitled (S.230, Hanging Single-Lobed, Five-Layered Continuous Form within a Form) opened the sale with a burst of energy, doubling its $400,000-600,000 estimate to achieve $1,006,200 as her MoMA retrospective opened. Others performed well too: a Martha Jungwirth fetched $516,000 (estimate $200,000-300,000), and Lucy Bull’s Light Rain (2019) exceeded its high estimate at $490,200.
One of the night’s more surprising passed lots was a vivid 2022 abstraction by record-setting enfant prodige Jadé Fadojutimi, whose $800,000-1,200,000 estimate may have been too ambitious. Also unsold, despite its uniqueness and luxuriousness, was The Thunderbolt, the longest gold nugget ever discovered. Weighing 3,565 grams and measuring 50 centimeters, the 114.6-troy-ounce gold formation was estimated at $1.25-1.5 million but failed to find a buyer. Dug up by accident at Hogan’s Find in Western Australia, the rare natural formation was revealed by sheer chance.
According to Robert Manley, Phillips’s chairman for modern and contemporary art, the success of the evening was due in part to the house’s new priority bidding system, which helped secure early commitments and interest on most lots. That contributed to 91 percent of works selling within or above estimate. “The enthusiasm was made especially clear by the fact that we had 27 times the number of early selling bids for this sale as we had last November, partly a result of our introduction of Priority Bidding,” he told Observer. The results, he said, confirmed not only the enduring draw of blue-chip artists but also the market’s resilience and ongoing global demand. “With strong participation from collectors worldwide and competitive bidding across Impressionist, Postwar, Contemporary and Natural History offerings, tonight’s outcome reaffirms confidence in the long-term strength of this market.”
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Elisa Carollo
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