/ Provenance Index / Phillips

Phillips

Auction House · Mega · Founded 1796
B+

Good (B+) — Provenance Grade

Phillips is the third-largest international auction house. Strong on contemporary art + design + watches. Mercury Group (Russia-linked) ownership produced material reputational impact from 2022. Cheyne Hoyle CEO post-2022 transition.

85
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Authenticity / Due Diligence
B+
Pricing Transparency
B+
Artist Treatment
B+
Collector Service
B+
Liquidity / Resale Posture
B+
/ Key Events & Disclosures

Timeline & positioning.

  • Founded 1796
  • Mercury Group ownership
  • Cheyne Hoyle CEO 2022+
  • Contemporary + design + watches focus

/ Best for

Contemporary art consignors specifically; watch + design collectors.

/ Watch out for

Mercury Group ownership remains a reputational consideration despite operational distancing from sanctions-affected affiliates.