STRENGTH IN TRADITION

Summary of the auctions held at Dorotheum during the first six months of 2018

 
 

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The Monzino Uli, € 1,425,000; Lucio Fontana, Concetto Spaziale “ATTESA”, 1964/65, € 552,000; 1960 Mercedes-Benz 300 SL Roadster, € 899,000; Jesús Rafael Soto, Senza titolo (Escritura), 1974, € 491,000, pitures copyright Dorotheum

 

Hot on the heels of the best financial year in Dorotheum’s history, the auction house once again recorded excellent results for the first two quarters of 2018.
 
Contemporary art performed exceptionally well in the first six months of 2018, with many prices far exceeding expectations. The auction held on 16 May saw the wall object “Untitled (Escritura)” by Brazilian artist Jesús Rafael Soto, from the collection of artist Gianni Colombo, sell for 491,000 euros. Two versions of Lucio Fontana’s famous “Concetto spaziale” from the 1960s changed hands for 552,000 and 539,800 euros. An untitled piece by US abstract expressionist Philip Guston reached the outstanding sum of 470,860 euros. After the world record for Emilio Vedova was set the previous year, Dorotheum was once again able to raise the bar, with two works by this artist reaching 430,000 and 234,800 euros.
Yayoi Kusama, Hans Hartung, Victor Vasarely, Asger Jorn, Maria Lassnig, Carla Accardi and Katharina Grosse also offered noteworthy highlights.
 
The table by Giacomo Manzù is a rare piece that lies between contemporary art and design. This unique item was produced by the artist in 1963 for his own apartment and was purchased by a design fan for 271,400 euros at the “Design First” auction. 
 
In terms of modern Austrian artists, works by Kolo Moser, Oskar Laske, Alfons Walde and Gustav Klimt saw hefty bids. 
 
The historic wooden sculpture from Papua New Guinea, drawn from Carlo Monzino’s famous collection, caused a sensation when it reached 1.425 million euros. The work from the 17th–19th century, known as the “Monzino Uli”, was the star lot at the “African and Oceanic Art” auction on 21 June 2018.
 
Classic cars were also at the forefront of sales in the first six months of the year, offering the perfect combination of beauty, practicality and investment appeal. A 1960 Mercedes-Benz 300 SL Roadster sold for 899,000 euros on 23 June 2018, while a Maserati Mistral Spyder 3700 attracted 663,800 euros.
 
 
 List: Top-Auctionresults January - June 2018
 

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