The Italian art market is continuing to rouse enthusiasm and attract the attention of worldwide famous collectors. A sector that has recorded a constant development over the years. Just think of 2007 when Christie’s and Sotheby’s held the Italian Sales in London. The former auction house had totalled 21 billion euros, while Sotheby’s almost took 22 billion. Last year, both auction houses sold 87% of their catalogue works.  A noticeable result for Sotheby’s, whose highest sale estimate reached 16,740,000 euros, thus realizing a 76% spread, almost equalling the success achieved in 2006, when an 80% increase was recorded.  On the contrary, Christie’s achieved 8% less than the highest estimates.

Article translated by Amritee Mahabir

With a total result of over 4 million euros, the success of the auction held on April 8^th in Milan at the Broggi Palace was declared. All 146 lots presented at the “Contemporary Art 1953-2003. A private collection” auction were sold.

Article translated by Amritee Mahabir

The auction that will take place by Sotheby’s in Milan on April 8^th is an unmissable date for all art lovers and collectors of contemporary art. The works that will go on show come from a private collection composed of about 150 pieces dating from 1953 onwards.