/ 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
Where this grade comes from.
Authenticity / Due Diligence
B+
Pricing Transparency
B+
Artist Treatment
B+
Collector Service
B+
Liquidity / Resale Posture
B+
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.