Christie's - 20th/21st Century Milan Online Sale
May 22nd to June 4th, 2024 - Milan
Executive Summary
The recent Christie’s 20th/21st Century: Milan Online Sale featured a diverse selection of post-war and contemporary art from notable artists such as Lucio Fontana, Alighiero Boetti, Salvo, and Luigi Ontani. The auction included 121 lots, of which 96 were sold, resulting in a sell-through rate of 79.3%. Despite this solid interest, the auction underperformed relative to its total median estimate, achieving a total hammer price value of €2.0 million against a median estimate of €3.3 million, yielding a hammer ratio of 60.6%. This cautious bidding behavior reflects broader economic uncertainties and strategic collector preferences.