Art Market
A rare, large crimson work with a single slash, which Fontana dedicated to his wife and which has always been known as the Teresita, fetched a record £6.7m ($11.6m) at Christie’s London in 2008. Even more popular are the Fontana's oval canvases. Sotheby’s sold a work titled Concetto spaziale, la fine di dio (1963) for £10.32m in 2008. Part of Fontana's Venice circle, Festival on the Grand Canal was sold at Christie’s in New York for $7m in 2008.
Read more about this topic: Lucio Fontana
Famous quotes containing the words art and/or market:
“I think sometimes that it is almost a pity to enjoy Italy as much as I do, because the acuteness of my sensations makes them rather exhausting; but when I see the stupid Italians I have met here, completely insensitive to their surroundings, and ignorant of the treasures of art and history among which they have grown up, I begin to think it is better to be an American, and bring to it all a mind and eye unblunted by custom.”
—Edith Wharton (1862–1937)
“The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.”
—Mikhail Gorbachev (b. 1931)