Hermann Nitsch (b. 1938), Schüttbild, executed in 1986. Oil on burlap over a wooden stretcher. 200 x 300 cm. Estimate €30,000-50,000. Offered in Post-War & Contemporary Art on 25-26

Art for Future: Selected works from the UniCredit Group

A selection of UniCredit’s artworks will be offered as a highlight of the Christie’s Post-War and Contemporary Art Sales in Amsterdam. The proceeds will be used primarily to support the further roll-out of the group’s Social Impact Banking initiatives

In October, selected artworks from the UniCredit Group were offered as part of Frieze Week at Christie’s in London. They included standout pieces by Gerhard RichterYves KleinErnst Wilhelm NayAndreas GurskyEnrico CastellaniSam Francis and Nam June Paik, among others. Further works will be offered in auctions in 2019 and 2020, beginning with Christie’s Post-War and Contemporary Art Sales in Amsterdam on 25-26 November.


Gerhard Richter (b. 1932), 16.3.89, 1989. Oil on paper. Overall 22 x 30.5 cm. Estimate €70,000-100,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Gerhard Richter (b. 1932), 16.3.89, 1989. Oil on paper. Overall: 22 x 30.5 cm. Estimate: €70,000-100,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Highlights from the UniCredit Group

The Post-War and Contemporary Art auction in Amsterdam features more than 100 pieces from the UniCredit Group. Primarily by Austrian and German artists, they include Gerhard Richter’s 16.3.89  (above) from 1989, and Stand by Me  (1993) by German artist Imi Knoebel (below). 

A student of Joseph Beuys in the 1960s, Knoebel absorbed the teachings of Mondrian, Malevich and László Moholy-Nagy, and explored the possibilities of colour, form and material in his geometric abstractions. 

Imi Knoebel (b. 1940), Stand by Me, 1993. Acrylic and aluminium on plywood. 116 x 116 x 13.5 cm. Estimate €65,000-85,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Imi Knoebel (b. 1940), Stand by Me, 1993. Acrylic and aluminium on plywood. 116 x 116 x 13.5 cm. Estimate: €65,000-85,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Further highlights include Franz West’s mixed-media work Untitled  (1972-73) and Austrian artist Kiki Kogelnik’s Superserpent (1974), below. Transcending the movements of European abstract modernism and American Pop art, Kogelnik developed an innovative oeuvre that addressed post-war consumer society, technology and feminism.

Kiki Kogelnik (1935-1997), Superserpent, 1974. Oil and acrylic on canvas. 195 x 150 cm. Estimate €15,000-20,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Kiki Kogelnik (1935-1997), Superserpent, 1974. Oil and acrylic on canvas. 195 x 150 cm. Estimate: €15,000-20,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

October’s selection from the UniCredit Group was led by Gerhard Richter’s Abstraktes Bild, dating to 1984, a pivotal year in the artist’s career. The work, which was offered in the Post-War and Contemporary Art Evening Auction on 4 October, sold for £7,016,250.

Other notable highlights included Yves Klein’s Sculpture-éponge bleue sans titre, (SE 244), one of the artist’s pioneering sponge sculptures from 1959, which realised £1,571,250; and Richter’s Wiese (Meadow) (1983), an exquisite example of his celebrated photo-realist German landscapes from the 1980s which sold for £3,371,250.



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Proceeds from the sales will support the further roll-out of the group’s Social Impact Banking (SIB) initiatives. The remaining balance will be dedicated to other relevant projects, including the support of young artists.

Franz West (1947-2012), Untitled, circa 1972-1973. Acrylic, socks, wooden pegs and mixed media collage on chipboard. Diameter 99 cm. Estimate €55,000-75,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Franz West (1947-2012), Untitled, circa 1972-1973. Acrylic, socks, wooden pegs and mixed media collage on chipboard. Diameter: 99 cm. Estimate: €55,000-75,000. Offered in Post-War & Contemporary Art on 25-26 November 2019 at Christie’s in Amsterdam

Social Impact Banking is part of UniCredit’s commitment to building a fairer and more inclusive society, and seeks to identify, finance and promote people and companies that can have a positive social impact. 

As well as continuing to provide credit to projects and organisations not usually served by the traditional banking sector, UniCredit employees educate micro-entrepreneurs, social enterprises and vulnerable or disadvantaged groups, building valuable networks within our communities.