A lively saleroom drove the total of the first auction at Sotheby’s Milan to include online bidding to €11,968,525, with 87.1% of lots sold. The auction saw brilliant results for Lucio Fontana and Enrico Castellani but also for Roman Pop Art, including a number of works from the most important exponents: Mario Schifano, Tano Festa and Franco Angeli. A magnificent 1961 enamel-on-canvas work Grigio 402 by Schifano sold for €627,000 and a new record was established for his Tutte Stelle series when lot 5 sold for €195,000 and also a new record for Franco Angeli. Impressive results were also recorded for Fausto Melotti’s Canone variato II, which sold for €519,000, a world record for a numbered sculpture by the artist, and Senza Titolo by Tancredi, which achieved €279,000.
Sotheby’s Milan are delighted to present the eagerly-awaited auction of Arte Moderna e Contemporanea, taking place on 25and 26 May 2016. Following the exceptional results obtained in the recent Milanese sales, the international interest for 20th-century Italian art remains solid. Burri, Fontana, Castellani, Scheggi, witnesses of a century of artistic innovation, are the lucky protagonists of today’s international art market.
The excellent results for Morandi’s timeless art, which recently earned him a retrospective at CIMA in New York, and those of Melotti, represented on the international market by Hauser and Wirth, and Vincenzo Agnetti, have driven a rapid increase in the estimated values. The auction will also feature a selection of Roman Pop Art with Mario Schifano, Tano Festa, Cesare Tacchi and Franco Angeli. Other highlights will be a 50s masterpiece by Tancredi and Guttuso’s grand Edicola of 1964.
Interested bidders please note that prior registration is required for this sale. Registration for both sale sessions will close 24 hours before the evening sale session. As part of the registration process, proof of identification will be required. If you wish to bid in this sale, please send a copy of your ID to firstname.lastname@example.org. Registration to bid may be declined or revoked at Sotheby’s sole discretion.
Please note that the exhibition in Milan on 25 May will be by appointment only.