From the Collection of Fausto Paci, Porto San Giorgio. Lot 15. Lucio Fontana, Concetto spaziale, (Attesa), 1964, signed, titled and inscribed (on the reverse); waterpaint on canvas, 41 x 33 cm. Price realised: EUR 942,000 (Estimate EUR 800,000 - EUR 1,200,000). © Christie's Images Ltd 2022.

MILAN.- The 20th/21st Century Milan Online Sales Part I and Part II achieved a combined total of €6,882,522/£5,928,098/$7,190,782, with strong sell through rates for both sales. The sales focused on the work of Italian and international post-war and contemporary artists and offered paintings, works on paper, sculptures, and photographs.

The 20th/21st Century Milan Online Sale Part I, had a sell through rate of 100% by value and there were 193 registered bidders, 24 new registrants and buyers from 16 different countries. A number of auction records and strong prices were also achieved across the sale.

There was a gold bracelet created by Lucio Fontana, entitled Concetto spaziale which achieved €239,400, a world auction record price for the artist with this medium. Alighiero Boetti’s embroidery work, Segno e disegno realised a price of €302,400 and achieved a world auction record for this artist’s series of embroidery.

Lot 13. Lucio Fontana, Concetto spaziale, 1962, signed inside the band); gold, 8.5 x 6.2 x 4 cm. Price realised: EUR 239,400 (Estimate EUR 80,000 - EUR 120,000). © Christie's Images Ltd 2022.

Lot 22. Alighiero Boetti (1940-1994), Segno e disegno (Sign and Draw), c. 1979; embroidery, 29.5 x 30.3 cm. Price realised: EUR 302,400 (Estimate EUR 100,000 - EUR 150,000). © Christie's Images Ltd 2022.

A highlight of the Part I sale was Lucio Fontana’s Concetto Spaziale, [Attesa], which realised: €942,000, well above its low estimate of €800,000.

The 20th/21st Century Milan Online Sale Part II was 100% sold by value, and 90% sold by lot and the sale welcomed 266 registered bidders, 34 new registrants and there were buyers from 18 different countries. There were also a number of strong prices achieved throughout the sale.

This was exemplified by Mario Sironi’s charcoal work, Ciclista c. 1920 realising more than 7 times its high estimate at €37,800. Another highlight was Pietro Consagra’s sculpture, Welcome to Italy which achieved more than twice its high estimate at €63,000.

Formely in the Collection of Marcello Mastroianni. Lot 121. Mario Sironi (1885-1961), Ciclista, c. 1920, pencil and charcoail on cardboard, Price realised: EUR 37,800 (Estimate EUR 3,000 - EUR 5,000). © Christie's Images Ltd 2022.

Lot 177. Pietro Consagra (1920-2005), Welcome to Italy, 1974, numbered and signed with the initials (underneath the base of each element); granite, marble and onyx, in ten elements. Price realised: EUR 63,000 (Estimate EUR 20,000 - EUR 30,000). © Christie's Images Ltd 2022.