The art pulls and reinforces its status as a safe haven, as confirmed by the sale to over a half million Euros for a work on paper by Giorgio De Chirico, auctioned by Sotheby’s in London. The interest in Italian art of the twentieth century continues to gwor on the London market. The proof comes from the price obtained from a sample of Giorgio De Chirico in a session at auction at Sotheby’s staged in the British capital , where a paper metaphysics of 1913 signed by the famous Italian author was auctioned for a record of £1.3 million ($2,18 million). It had been estimated at only £35,000 ($57,840).
This masterpiece is “Study for Square of Italy”, where the inspiration for De Cherico is expressed on paper with the mediation of pen, ink and pencil, in the wake of a current pictorial which was great guide and interpreter, in a trend that is meant to represent what is beyond the physical appearance of reality, beyond the experience of the senses.
This beautiful gem, the result of great inspiration, was bought by Jan Krugier directly by Jean Paulhan, a famous French literary critic and publisher and editor of the Nouvelle Revue Française. The competition among the contenders has increased the price, pushing it to go higher.
Now the question is whether this work will end closed in a private vault or continue a pilgrimage between exhibitions and museums, as happened in the past, when “Studio Piazza of Italy” was exhibited at the Grand Palais in Paris, at the Staatliche Museen Berlin, at the Peggy Guggenheim Collection in Venice, the Thyssen-Bornemisza Museum in Madrid, the Albertina in Vienna and at the Kunsthalle in Monaco.