Minerva Auctions sets record with €1M sale in Rome

Minerva Auctions achieved a record total of over €1 million at its Modern and Contemporary Art sale held on April 28, 2016, at Palazzo Odescalchi in Rome. The auction house, founded in 2012, saw a 20% revenue growth in 2015 to nearly €6 million. Over 400 lots were offered, including paintings, sculptures, works on paper, engravings, and ceramics by major 20th-century Italian artists. Top lots included Gastone Novelli's "Visibile questa sera" (1959), estimated at €24,000 and sold for €47,500; Alberto Burri's small "Combustione" (1964), estimated at €30,000–40,000 and sold for €55,000; Toti Scialoja's "Falso Nord" (oil and sand on canvas), estimated at €15,000–20,000 and sold for €36,250; Cesare Tacchi's "Via Condotti – Il Tranviere" (1963), estimated at €6,250 and sold for €25,000 (quadrupled estimate); and Adolfo Wildt's "I puri" (1918), estimated at €8,750 and sold for €17,500 (doubled estimate).