Home Magazine Unicredit Group sells part of its huge art collection!

During the Frieze Art Fair 2019, Unicredit Group will be selling at Christie's the first group of works belonging to its huge Corporate Collection with two auctions titled: "Thinking Italian Evening Auction" and "Post-War and Contemporary Art Evening Auction". Among auctions' highlights, there are masterpieces by Gerhard Richter, Yves Klein, Ernst Wilhelm Nay, Andreas Gursky, Enrico Castellani, Sam Francis and Nam June Paik, among others.

A literally starting off with a bang! But this is just the beginning, because Unicredit Group has entrusted its art collection to Christie’s, in order to finance the Social Impact Banking (SIB): an initiative through which Unicredit undertakes to provide support for social enterprises or disadvantaged groups, and will finance - with the remaining balance from art sales - other relevant projects, including the support of young artists. Read more about the Top 10 exhibitions in London during Frieze Art Fair 2019!


Enrico Castellani (1930–2017), Superficie bianca, executed in 1989. Acrylic on shaped canvas. 47¼ x 70⅞ in (120 x 180 cm).
Offered in Thinking Italian on 4 October at Christie’s in London


"Thinking Italian", will be held on 4 October at 8 pm in King Street Christie's London seat, with 33 works by artists as Enrico Castellani, Alberto Burri, Lucio Fontana, Alighiero Boetti, Fausto Melotti, Mario Schifano and Giorgio Morandi, just to quote few of the proposed names. The same day, the same place, but a different schedule (7 pm) for "Post-War and Contemporary Art Evening Auction", that will offer exceptional works from the 20th and 21st centuries, including the prestigious collections of the Matthys Colle and UniCredit Group. The sale will encompass American Minimalism with works by Carl Andre, Dan Flavin, and Robert Mangold in addition to four exquisite paintings by Gerhard Richter, as the famous "Abstraktes Bild" from 1984 (estimated 6.5-9.5 million pounds).

But that's not all... between 2019 - 2020 Christie’s global salerooms will host other auctions across categories, including 312 masterpieces of this collection that counts a patrimony of 60 thousand of artworks estimated around 50 million euros. A heritage acquired over the time by various banks all merged into the Unicredit Group. The collection sales will continue in Amsterdam on November 25 and 26 and Milan in the 2020 springtimes. To find more information please check on Christie’s website...

Cover image: Gerhard Richter (b. 1932), Abstraktes Bild, painted in 1984. Oil on canvas. 78¾ x 118⅛ in (200 x 300.4 cm). Offered in the Post-War and Contemporary Evening Auction on 4 October at Christie’s in London. Courtesy Christie’s


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