MODERN AND CONTEMPORARY ART

All continents connected! 

An unmatched and thrilling restart for the Modern and Contemporary Art sale that ended last July 21st by tripling the reserve with 96% of sold lots.

Extraordinary awards and non-stop relaunches have enlivened the summer atmosphere of Palazzo Crivelli's salerooms where there was a lively live participation. More than 1,000 online bidders from all continents for a total exceeding 80% of bids from abroad: Taiwan, Mexico, China, Slovenia, Poland, Russia and Japan among the most active countries.

“The adopted strategy has been also proved successful in this new scenario. This data confirms a significant trend in various areas: the beginning of revenge spending, an economic-emotional phenomenon characterized by the need for personal satisfaction, by the spontaneous and instinctive desire to be surrounded by beauty, as well as by the need for an inner gratification" states the Head of Department Freddy Battino.

Among the significant awards: Il metro infinito by Mario Merz (€ 96.250), the work on paper by Hans Hartung (€ 92.500), the oil on canvas by Mario Radice, Ritratto segreto (€ 41.250), the work by Irma Blank, Ur-schrift ovvero Avant-testo, 19-3-01 (€ 26.250) and the world record price for Dino Buzzati with Uomo in una notte di neve (€ 25.000).

The artworks from the collection of the well-known journalist Rolly Marchi and his wife Graziella have been awarded overall for a value equal to the triple of the reserve, meaning that the market has highly appreciated the extraordinary aesthetic taste and the modernity of their choices with prominent awards such as Macchina by Armando Pizzinato (€ 31.250) and Grande Casellario by Lucio Del Pezzo (€ 27.500).

Interest in Oriental artists has been confirmed: Hsiao Chin, Hsia Yan, Li Yuan Chia, Ho Kan, Kuniyoshi Kaneko, Yayoi Kusama.

Modern art collecting, on its various shades, is present and responsive with loyal and new investors, the latters coming from emerging countries mainly.

 

"An unmatched milestone within the Italian and international art market: Il Ponte Auction House is at the top among the ranks of the auction houses, thanks to its unbeatable reliability."

Il Giornale | 30 April 2020 

"[...] Il Ponte, the company that dictates with the greatest determination the guideline of modern and contemporary art, placing itself in Italy as the most formidable competitor of Christie's and Sotheby's. From this department it gained 15.4 million euros, 30% more than last year, almost half of its turnover amounting to 32.3 million euros, (+ 5%) [...].”

Milano Finanza online | 11 January 2020

"[...] Modern and contemporary art, the absolute leader, alone it sold for 15.4 million, 30% more than last year. The Top lots were seven ceramics by Lucio Fontana, which obtained a total of 2.2 million euros [...]."

L'Economia - Corriere della Sera | 30 December 2019

"A triumph at Il Ponte auction house (Milan) for the December 2019 modern and contemporary art sale. Memorable, world-class results.”

Il Giornale | 15 December 2019

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