The work of Lucio Fontana was sold for a record 15.9 million pounds
ARTinvestment.RU   16 октября 2015

The transaction took place at the auction of Italian art at Sotheby's on October 15, timed to coincide with the London contemporary art fair Frieze

At the auction of Italian art at Sotheby's in London, dedicated to the contemporary art fair Frieze, yesterday set a new personal record for the works of Lucio Fontana. His work "the Spatial concept. The end of God" 1963 was sold for £15,941 million (us$24.7 million). Assessment of the lot was £15-20 mln@

Previous auction record for works by Lucio Fontana held at auction Christie's November 12, 2013, when the same work was sold for £13.1 million ($20.9 million).

"Spatial concept", sold yesterday for £15.9 million, was put up for public auction for the first time. In this case, he was last shown to the public for more than 30 years ago. That is, the job market was absolutely fresh, which explains its record uhod@

It was one of ten works of Lucho Fountains that were sold at special auction of Italian art at Sotheby's on 15 October. Another "Spatial concept" the Fountains was sold for nearly a million pounds in the evaluation of the lot £250 000-350 000. The auction of Italian art brought £40 397 150 ($62 534 788).

on the same day they also held an auction of contemporary art Sotheby's. He ended with a score of £32,9 million ($50.9 million) and 72% sales on lots. Here the top lot was the work of Jean-Michel Basquiat "untitled (Black athlete)", 1982, sold for £4.1 million (estimate lot size of £3.5–4.5 million). And "Lenin" by Andy Warhol, purchased in 2002 for £358 650, has now reached a hammer price of £3 million@

the Material was prepared by Maria Onuchin, AI

Sources: artnet.com, artdaily.com, artinvestment.ru