The collection, consisting of ten works,sold for over £10 million at Sotheby's Evening Sale of Contemporary art in London last night. As mentioned, one of Fontana's most known pieces, The Concetto Spaciale, Attese, was not surprisingly the greatest sale of the auction. Not only was it a sensational price for a painting, which came from a Swedish collection, it was also a new price record for Fontana's Concetto Spaziale, Attese / Attesa (slash painting).

_1 Sotheby's CEO of Scandinavia, Peder Isacson, in front of the almost mythical Fontana painting sold with a new price record.

Other paintings from the collection included works from the postwar's most famous prodigies such as John Chamberlain, Claes Oldenburg, Robert Rauschenberg, Jean Tinguely, James Rosenquist, Christo and Arman. What is most special about this collection is that most of the pieces waer acquired from the artists themselves or bought from two of the most legendary galleries in Stockholm; Galerie Pierre and Svensk-Franska Konstgalleriet.

There were a lot of new records set during the auction and the increase of value since the pieces were last sold, was also, to say the least, inspiring! The most expensive painting bought at the auction, which also sets record for the most expensive auction listing ever for an abstract painting, was Gerard Richter's Abstraktes Bild, which was sold for £30.4 million. In 1999, when the painting was auctioned out at Chritie's, the buyer purchased it  for just under £400 000.

Gerhard Richter, Abstraktes Bild Gerhard Richter, Abstraktes Bild

Even the diptych Two Studies for Self-Portrait by Francic Bacon, has increased in value. The last time it was up for auction, was in December 1993 at Sotheby's in London. It was then sold for around £350 000. The unusual self-portrait  sold last night for almost £15 million, an increase of 4000 %. Disregarding commissions, most ought to be happy with that increase, right?