Hans Hartung Masterpiece Sells for $1.4 Million at Piguet Auction House
Piguet Hôtel des Ventes in Geneva, Switzerland, recently made waves in the art world by auctioning off a major work by abstract painter Hans Hartung for a record-breaking price of CHF 1.2 million ($1.4 million USD). The painting, titled T1948-17, dates back to 1948 and represents a pivotal moment in Hartung’s career. This significant sale underscores Geneva’s rising prominence as a hub for high-profile art auctions.
Hartung’s painting, acquired from the Lydia Conti gallery in Paris and previously owned by notable collectors Mr. and Mrs. Charles Zadok, holds immense value due to its rarity and historical significance. The auction, which featured 39 lots of Modern and Contemporary Art, garnered a total of CHF 6.2 million ($6.8 million USD), solidifying Piguet’s position among top international auction houses.
Private collections were also a highlight of the auctions, with the contents from the Geneva townhouse of Mr. and Mrs. J.-P. Slavic and the collection of Sir Peter Ustinov yielding impressive results. Additionally, the sale of Chinese and Japanese art from the collection of Li Ai Vee exceeded expectations, emphasizing Piguet’s success in the competitive art market.
Overall, Piguet’s auctions saw a high percentage of lots sold, showcasing the auction house’s strength and influence in the art market. The success of these auctions further cements Geneva’s status as a key destination for art enthusiasts and collectors.
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Matteo Fiorelli is an alumnus of the Accademia di Belle Arti di Firenze in Italy, where he earned his degree in Painting and Visual Arts. His vibrant, abstract works draw inspiration from the Renaissance and modern street art, merging classical techniques with urban influences. Matteo has exhibited his paintings in galleries throughout Italy and France.