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Basezero launches AstaLife auction with no minimum bids in Milan

market-auction · 2026-05-05

Basezero, an Italian auction house that began as an experimental venture two years ago, has introduced a new initiative named AstaLife. This marks the first occasion where artworks by globally acclaimed historicized artists will be auctioned via an ascending-bid format, starting with a free offer (Basezero) from buyers. Bids must increase by €50 up to €1,000, €100 from €1,000 to €5,000, and €500 for amounts exceeding €5,000. Operating as a mobile auction house, Basezero holds events in prestigious cultural locations. The next auction is scheduled at the CityLife residences, designed by Zaha Hadid in Milan, with exhibitions starting on Saturday, November 5 at 10:30 AM, and the main auction occurring on Wednesday, November 9 and Thursday, November 10 at 6:30 PM, featuring 176 lots. Notable artists include Fausto Melotti, Ugo Nespolo, and contemporary figures like Francesco De Molfetta. Design pieces from Verner Panton and others will also be available, alongside photographs from the Discover CityLife competition, with proceeds awarded to the photographers.

Key facts

  • Basezero launched AstaLife, an auction with no minimum starting bids.
  • Minimum increments: €50 up to €1,000, €100 from €1,000 to €5,000, €500 above €5,000.
  • Auction held at CityLife residences designed by Zaha Hadid in Milan.
  • Exhibition from November 5, 2016; auction on November 9 and 10, 2016.
  • 176 lots featuring historicized and contemporary artists.
  • Artists include Fausto Melotti, Ugo Nespolo, Pino Pinelli, Claudio Olivieri, Hsiao Chin, Emilio Scanavino, Loi di Campi, Francesco De Molfetta, Paolo Ceribelli, Air, Nicola Caredda, Marco Ulivieri.
  • Design works by Verner Panton, Franco Albini, Joe Colombo, Maurizio Bergo, Matteo Lualdi, Lele De Bonis, Gustavo Martini.
  • Photographs from Discover CityLife competition auctioned as prizes.
  • Basezero is a traveling auction house.

Entities

Artists

  • Fausto Melotti
  • Ugo Nespolo
  • Pino Pinelli
  • Claudio Olivieri
  • Hsiao Chin
  • Emilio Scanavino
  • Loi di Campi
  • Francesco De Molfetta
  • Paolo Ceribelli
  • Air
  • Nicola Caredda
  • Marco Ulivieri
  • Verner Panton
  • Franco Albini
  • Joe Colombo
  • Maurizio Bergo
  • Matteo Lualdi
  • Lele De Bonis
  • Gustavo Martini
  • Zaha Hadid

Institutions

  • Basezero
  • AstaLife
  • CityLife
  • Artribune

Locations

  • Milan
  • Italy
  • CityLife
  • Via Senofonte 4

Sources