Brilliant results for the IL PONTE Contemporary Art Auction – Milan held at the end of November 2024 – Carlo Franza’s blog

Art market in fibrillation and excellent results. A bold selection of works enlivened the enchantment of Arte Modern and Contemporary of the IL PONTE Auction House in Milan on 26 and 27 November 2024. With …

Brilliant results for the IL PONTE Contemporary Art Auction – Milan held at the end of November 2024 – Carlo Franza's blog

Art market in fibrillation and excellent results. A bold selection of works enlivened the enchantment of Arte Modern and Contemporary of the IL PONTE Auction House in Milan on 26 and 27 November 2024. With over €4.9 million in total turnover, 88% of lots sold and a 150% revaluation compared to the starting prices, the The auction confirms the value and vitality of Italian art on the international scene. A precious goal full of future not only for the confirmation of certain authors and certain figures in the auction, but for the certainty given to collectors and investors.

AND blue painting Of blue The row That unites the two top lot of the auction: the vibrant one of the “Concetto spatial, Attese” by Lucio Fontana (€640,000) and the sculptural “Blu” by Augustine Bonalumi (€108,800), in a dialogue that transcends the surface to explore new dimensions of space.

An intense spiritual inspiration emanates from the marble of Adolfo Wildt “Mater purissima or Maria” (€107,520): its formal purity and intense expressiveness have won over the public, establishing itself as a symbol of first Italian twentieth century and the link between tradition and avant-garde.

Emotional spaces and ever-changing atmospheres can be found in the “Primavera” of Tancredi (€76,800) from 1962, whose excellent result at auction testifies stable interest in the artist’s work.

The figuration instead takes shape in the “Kennedy” portrait of Sergio Lombardo (€96,000), whose “pop” profile of the most iconic president in American history emerges decisively and compares itself with “Study for drawing of a landscape” by Valerio Adami (€58,880): two works that testify to the different declinations and evolutions of the Italian figurative tradition.

Finally, marking the culmination of uncompromising experimentation, the strand conceptual And poor man continues to record growing market appreciation, as demonstrated by the great success of Mario Ceroli with “Interno Tempio” (€83,200), “Hearing between words” by Alighiero Boetti (€70,400) and the provocative “Zweimal Warheits Kriterium” by Fabio Mauri (€64,000).

And again: Lot 8G. Lucio Fontana, “Concetto spatial, Attese”, 1966, water-based paint on canvas, light blue, 47×38 cm. Sold €640,000

Lot 84. Agostino Bonalumi, “Blu”, 2000, everted canvas and vinyl tempera, 190×360 cm. Sold €108,800

Lot 4. Adolfo Wildt, “Mater purissima or Maria”, 1928, high relief in polished Carrara marble, with amber yellow patina and gilding in the nimbus, 29.5×34.3×8 cm. Sold €107,520

Lot 132. Sergio Lombardo, “Kennedy” 1963 enamel on canvas 100×130 cm. Sold €96,000

Lot 115. Mario Ceroli, “Interno Tempio” 1983, assembly of painted Russian pine wood panels, 154x1G0x10 cm. Sold €83,200

Lot 71. Tancredi, “Primavera” 19G2, collage and mixed media on canvas, 160×136 cm. Sold €76,800

Lot 133. Alighiero Boetti, “Hearing between words” 1977, embroidery on canvas, 29×29 cm. Sold €70,400

Lot 120. Fabio Mauri, “Zweimal Warheits Kriterium”, 1972, canvas on overhanging frame, transferable letters, paint on aluminium, 71x43x6 cm. Sold €64,000

Lot 102.Valerio Adami, “Study for drawing a landscape” 1974, acrylic on canvas, 92×73 cm. Sold €58,880

Carlo Franza