MILAN.- The 20th/21st Century Milan Online Sales Part I and Part II achieved a combined total of 6,882,522/£5,928,098/$7,190,782, with strong sell through rates for both sales. The sales focused on the work of Italian and international post-war and contemporary artists and offered paintings, works on paper, sculptures, and photographs.
The 20th/21st Century Milan Online Sale Part I, had a sell through rate of 100% by value and there were 193 registered bidders, 24 new registrants and buyers from 16 different countries. A number of auction records and strong prices were also achieved across the sale.
There was a gold bracelet created by Lucio Fontana, entitled Concetto spaziale which achieved 239,400, a world auction record price for the artist with this medium. Alighiero Boettis embroidery work, Segno e disegno realised a price of 302,400 and achieved a world auction record for this artists series of embroidery.
A highlight of the Part I sale was Lucio Fontanas Concetto Spaziale, [Attesa], which realised: 942,000, well above its low estimate of 800,000.
The 20th/21st Century Milan Online Sale Part II was 100% sold by value, and 90% sold by lot and the sale welcomed 266 registered bidders, 34 new registrants and there were buyers from 18 different countries. There were also a number of strong prices achieved throughout the sale.
This was exemplified by Mario Sironis charcoal work, Ciclista c. 1920 realising more than 7 times its high estimate at 37,800. Another highlight was Pietro Consagras sculpture, Welcome to Italy which achieved more than twice its high estimate at 63,000.