Dallas collectors to auction Lucio Fontana canvas for between $20m-$30m on Art Market blog
Dallas collectors Howard and Cindy Rachofsky are selling a cadmium yellow work by Lucio Fontana at Sotheby’s New York next month, which could set a new auction record for the Italian post-war artist. Estimated at $20m to $30m, “Concetto spaziale, La fine di Dio” (1964) is one of 38 works Fontana created in his coveted series of punctured canvases. The Rachofskys acquired it for $2.3m in 2003 and have since built a leading collection of post-war European art. The market for post-war Italian art has undergone a correction since 2018, though Fontana’s market generally holds. This auction presents a unique opportunity for collectors to acquire a rare and significant work by the acclaimed artist.
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Cillian O’Rourke, studied at the National College of Art and Design in Dublin, Ireland, where he majored in Visual Communication. His work spans graphic design, illustration, and branding, with a distinct minimalist style that emphasizes simplicity and impact. Cillian has collaborated with international brands and runs his own design studio focusing on creative solutions for startups.