Sotheby's CEO of Scandinavia, Peder Isacson, in front of the almost mythical Fontana painting sold for a record price. Sotheby's CEO of Scandinavia, Peder Isacson, in front of the almost mythical Fontana painting sold with a new price record.

The collection, consisting of ten works, was sold for over 16 million USD at Sotheby's Evening Sale of Contemporary art in London, last night. As mentioned, one of Fontana's most known pieces, The Concetto Spaciale, Attese, was not surprisingly the greatest sale of the auction. Not only was it a sensational price for a painting, which came from a Swedish collection, but it was also a new price record for Fontana's Concetto Spaziale, Attese / Attesa (slash painting).

Other paintings from the  collection, included postwar's prodigies such as John Chamberlain, Claes Oldenburg, Robert Rauschenberg, Jean Tinguely, James Rosenquist, Christo and Arman. What is special about the collection, is that most of the pieces was acquired from the artists themselves or  bought in two of the most legendary galleries in Stockholm, Galerie Pierre and Svensk-Franska Konstgalleriet.

Nothing but happy scenes when many fantastic contemporary pieces were sold the other night! Nothing but happy scenes when many fantastic contemporary pieces were sold the other night!

There were a lot of new records set during this auction. The increase of value since the pieces last sold at auction, was also, to say the least, inspiring! The most expensive painting sold at the auction,  also sets record for the most expensive auction listing ever for an abstract painting, was Gerard Richter's Abstraktes Bild, which was sold for 46.3 million USD. In 1999, when the painting was auctioned out at Chritie's, the buyer got it for 607 500 USD.

Even the diptych Two Studies for Self-Portrait by Francic Bacon, increased in value. The last time it was up for auction, was in December 1993 at Sotheby's in London. It was sold for 540 000 USD. The unusual self-portrait was sold with an increase of 4000 %, for almost 22.5 million USD. Disregarding commissions, most ought to be happy with that increase, right?

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