Sotheby's Milan auction totals €9.45 million with de Chirico top lot at €1.9 million
On November 27, 2024, Sotheby's auction for Modern & Contemporary Art in Milan achieved a total of €9,451,200, falling within the estimated range of €7.5-10.7 million. The highlight of the event was Giorgio de Chirico's 'Mobili in una valle' (1927), which fetched €1.9 million, marking the highest price for the artist in Italy. Additionally, Giorgio Morandi's 'Natura morta' (1956) sold for €1.4 million, his second million-euro sale this year at Sotheby's Italy. Lucio Fontana's 'Concetto spaziale, Attese' (1967) reached €840,000, with another of his works selling for €444,000. Alighiero Boetti's 'Aerei' (1980) went for €384,000. Some pieces, including those by Alberto Burri and Piero Manzoni, were withdrawn or unsold. The auction took place at Palazzo Serbelloni.
Key facts
- Sotheby's Modern & Contemporary Art auction in Milan on November 27, 2024, totaled €9,451,200.
- Giorgio de Chirico's 'Mobili in una valle' (1927) sold for €1.9 million after 29 bids, a record for the artist in Italy.
- Giorgio Morandi's 'Natura morta' (1956) achieved €1.4 million.
- Lucio Fontana's turquoise 'Concetto spaziale, Attese' (1967) sold for €840,000, above the €800,000 high estimate.
- Alighiero Boetti's 'Aerei' (1980) doubled its estimate to €384,000 after 18 bids.
- Mario Schifano's 'Monocromi' (1960) sold for €348,000; 'Il segno d’energia' fetched €300,000.
- Afro's 'Piccolo nero rosso' tripled its estimate to €108,000.
- Some lots were withdrawn or unsold, including works by Burri, Manzoni, Accardi, and Fontana.
Entities
Artists
- Giorgio de Chirico
- Giorgio Morandi
- Lucio Fontana
- Alighiero Boetti
- Mario Schifano
- Afro
- Alberto Burri
- Piero Manzoni
- Carla Accardi
Institutions
- Sotheby's
- Sotheby's Italy
- Palazzo Serbelloni
- Artribune
- Sotheby's Italia
Locations
- Milan
- Italy
- Paris
- France
- Palazzo Serbelloni