Lucio Fontana's £20 million masterpiece leads Sotheby's Italian sale
An artwork by Lucio Fontana described as "the Holy Grail" for collectors will lead the forthcoming Sotheby's Italian art sale.
The 1963 work Concetto Spaziale, La Fine di Dio (The End of God) is regarded as Fontana’s masterpiece, and is expected to sell for £15-20 million ($23.13-30.84 million).
The large black egg-shaped work features numerous holes which has been punched, stabbed, gashed and gouged with the artist’s bare hands.
Never-before offered for public sale, La Fine di Dio's valuation would see it set a new auction record for Fontana work, topping the current record of £13.1 million.
“La Fine di Dio is the crowning highlight of perhaps the greatest series that Fontana ever created," said Cheyenne Westphal, Sotheby’s Co-Head, Contemporary Art Worldwide. "Unseen for decades, this is the nirvana for collectors of the artist’s work."
The sale will also offer another of Fontana's famous works, Concetto Spaziale, Attese, valued at £2-£3 million.
Elsewhere the auction features major works by the likes of Paolo Scheggi, Giorgio Morandi, Giorgio De Chirico, Alberto Burri and Mario Marini.
Major highlights include Scheggi's Parete della Intercamera Plastica (Wall of the Plastic Interchamber), the only surviving piece constructed for his landmark 1967 exhibition at the Galleria del Naviglio, Milan.
Having remained in the same private collection since the 1960s, the work now comes to auction for the first time with an estimate of £1-1.5 million ($1.6-2.3 million)
Another leading lot will be Alberto Burri's Bianco Plastica 1, dating from 1961. The work comes to auction for the first time in three decades, ahead of his eagerly anticipated retrospective at the Guggenheim in New York, and is expected to sell for £1.5-2 million ($2.3-3.1 million).
The Sotheby's Italian Sale takes on Thursday October 15, as part of London's annual Frieze Week which runs from October 14-17.
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