[analyse_image type=”featured” src=”https:\/\/www.artnews.com\/wp-content\/uploads\/2024\/01\/GettyImages-1166449264.jpg?w=1024″]<\/p>\n
\n\tPhillips has sold $1.9 million worth of art from the holdings of disgraced art advisor Lisa Schiff\u2014and the sales are not finished yet.<\/p>\n
\n\tAccording to a list provided by a Phillips spokesperson, the house has so far sold 231 pieces from Schiff\u2019s collection of contemporary art. The result of $1.9 million is roughly in line with an estimate set two years ago.<\/p>\n
\n\tIn September 2024, Artnet News<\/em> reported that bankruptcy trustees had retained Phillips to sell some 220 pieces from Schiff\u2019s collection\u2014as well as the inventory of her defunct business, Schiff Fine Art\u2014to benefit her creditors, with a combined presale estimate of about $2 million. Schiff\u2019s creditors include collectors Candace Carmel Barasch and Richard Grossman.<\/p>\n \n\tThe most recent Schiff works to hit the block were a 2022 painting by Corydon Cowansage for $7,095 (est. $6,000\u2013$8,000) and a 1987 Richard Prince print on a T-shirt mounted on board, for $51,600 (est. $20,000\u2013$30,000), both of which sold in an online auction that concluded earlier this week.<\/p>\n \n\tIn October 2024, Schiff pleaded guilty in federal court in Manhattan to defrauding clients out of $6.5 million, and as part of a plea agreement was ordered to forfeit around $6.4 million. In March, 2025, she was sentenced to two and a half years in federal prison.<\/p>\n \n\tThe Schiff sales at Phillips began in November 2024. The most expensive work sold to date is a 2021 painting by Joel Mesler, Untitled (Bananas)<\/em>, that brought in $69,850 in the \u201cNew Now\u201d sale in February 2025.<\/p>\n \n\tArtworks haven\u2019t been the only Schiff material in the auctions. There\u2019s also been design and jewelry. A chair by Fernando and Humberto Campana brought in an above-estimate $38,100 in December 2024, and three Hemmerle rings sold for prices ranging from $16,510 to $27,940 in a jewelry sale last year.<\/p>\n \n\tA representative for Phillips said the house will continue selling works from Schiff\u2019s holdings but did not specify how many. Next to hit the block, in mid-July, are two works by Richard Prince, one by Chris Ofili, and one by Raymond Pettibon, estimated to together sell for a total of between $145,000 and $205,000.<\/p>\n \n\tPhillips isn\u2019t the only auction house selling Schiff material. Earlier this month, a group of 17 lower-value works were included in a two-day online sale from Millea Brothers Auctioneers based in Boonton, New Jersey. The low estimates ranged from $300 to $3,000, with five of them failing to sell. The tranche of works totaled $20,325, with the highest price, of $9,000, going to a 2010 Damien Loeb painting estimated at $1,500\u2013$2,500.<\/p>\n<\/div>\n<\/div>\n [analyse_source url=”https:\/\/www.artnews.com\/art-news\/news\/phillips-lisa-schiff-collection-sales-1234791064\/”]<\/p>\n","protected":false},"excerpt":{"rendered":" [analyse_image type=”featured” src=”https:\/\/www.artnews.com\/wp-content\/uploads\/2024\/01\/GettyImages-1166449264.jpg?w=1024″] Phillips has sold $1.9 million worth of art from the holdings of disgraced art advisor Lisa Schiff\u2014and the sales are not finished yet. According to a list provided by a Phillips spokesperson, the house has so far sold 231 pieces from Schiff\u2019s collection of contemporary art. The result of $1.9 million is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-2024584","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2024584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2024584"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2024584\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2024584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2024584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2024584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}