Fontana and Banksy Lead Bonhams London Auction

On June 29, 2023, Bonhams New Bond Street in London conducted two auctions that collectively generated £8.7 million. The first auction, titled '20th Century Masters | A Private Collection,' showcased 29 lots from a private collection, achieving £4,964,000 with a remarkable 90% sell-through rate by lot and 99% by value. The highlight was Lucio Fontana's 'Concetto Spaziale, Attese' (1960), which sold for £1.7 million, aligning with its estimate of £1.3-1.8 million. Additional Fontana pieces, 'Concetto Spaziale, Attese' (1966) and another from 1960, sold for £825,900 and £635,400, respectively. The collection featured works by notable artists like Emilio Vedova and Georg Baselitz. The second auction, 'Post-War and Contemporary Art,' included 49 lots and totaled £3,755,000, with an 86% buy-through rate. Banksy's 'Congestion Charge' (2004) fetched £1,681,000, while Tom Wesselmann's 'Monica Nude With Matisse (Black Variation #3)' (1987/91) sold for £254,400, and Ron Gorchov's 'General' (1980-1981) set a record at £152,800.