RESULTS: Arte Moderna e Contemporanea

Milan

Sold:

€5,612,990

£4,822,119 

$6,905,100 

Sold Lots: 154

Lots Offered: 233

Sold by lot: 66%

Sold by €: 66%

Exchange Rate: €1 = £0.85/ $1.23

 

Lot

Description

 

Estimate (€)

 

Purchase

Price

Buyer

184

Giacomo Balla, “Volo di Rondoni”, executed in 1918-19

300,000-400,000

€706,400

£606,868

$869,013

Anonymous

200

Giacomo Balla, “Giardino futurista, executed in 1930

300,000-400,000

€341,000

£292,953

$419,498

Private

186

Giorgio Morandi, “Fiori”, executed in 1948

200,000-300,000

€252,800

£217,180

$310,994

Private

212

Alberto Savinio, “Fleurs”

220,000-280,000

€202,400

£173,881

$248,992

Private

179

Alighiero Boetti, “15 buste dall'Afghanistan a Salman Alì”, executed inl 1972

80,000-120,000

€164,600

£141,407

$202,490

Private

208

Enrico Castellani, “Superficie bianca”, executed in 1977

120,000-180,000

€158,300

£135,995

$194,740

Private

221

Fausto Melotti, “Teatrino”, executed circa 1950

80,000-100,000

€145,700

£125,170

$179,240

Private

190

Giorgio de Chirico, “Piazzetta S. Marco e l'isola di S. Giorgio”, executed in 1960

80,000-120,000

€139,400

£119,758

$171,489

Trade

205

Piero Dorazio, “Senza re”, executed in 1957

70,000-100,000

€133,100

£114,346

$163,739

Private

211

Agostino Bonalumi, “Nero”, executed in 1968

100,000-150,000

€126,800

£108,933

$155,989

Private

 

Mariolina Bassetti, International Director in the Post-War & Contemporary Art Department, Renato Pennisi and Cristiano Giulio Sangiuliano, Co-Heads of the Sale: “Following the success of Christie's international sales, the Milan auction of Modern and Contemporary Art demonstrated the increasing vitality of the Italian market. Compared to 2009 the sale’s total results show a constant growth, reaffirming the solidity of the category. The top ten illustrates how the presence of both private buyers and vendors was key to the good performance of this auction. From Futurism to contemporary art, the collectors’ passionate bids paid a tribute to the quality and rarity of the works offered.”

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie's is also recognised as a reference for prestigious single owner collections, having auctioned 8 of the 10 most important collections in history.

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

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