Italian Art News: Breaking Records at Sotheby’s

Post-war Italian art was running high last week breaking their own record when the total auction came up to Post-war Italian art was running high yesterday, breaking their own record when the total auction came up to £41.4 million. The previous record was set at Christie’s (another auction house) for £27.6 million. The top price at Sotheby’s was a piece by artist Piero Mazoni, who died tragically back in 1963 at the age of 30. At Christie’s the top piece was a seven foot column made out of paper doilies by Artist Alighiero Boetti, created in 1968. The art work was sold to an American buyer for £2.4 million.

Most of the proceedings of both auctions will go to charity, generally those organizations that help other emerging artists. If you are interested in the Art market and auctions you can check the houses of Sotheby’s and Christie’s for more information.

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