Unicorn Art ClubUnicorn Art Club / All 30 artists
Alberto Burri
1915-1995 · Art Informel, Materic painting
The club deal
- Status
- Fundraising open
- Minimum per member
- USD 100,000 (US residents: USD 200,000 individuals, USD 1,000,000 entities)
- Fundraising target
- 2,000,000 USD
- Selection window
- 12 months, with return of the capital if no suitable work is found
- Vehicle
- a dedicated SPV for this artist
- Expected exit
- between 3 and 7 years, through auction or private sale
How the club deal for each artist works · Costs
If no suitable work is found within 12 months, the capital paid in is returned.
Price range of the works the club looks for
from 1,000,000 to 15,000,000 USD (1-15 million for important Sacchi, Combustioni plastiche and Cretti; works on paper and small formats under one million)
Market liquidity: medium
Biography
Alberto Burri trained as a doctor and began painting as a prisoner of war in Texas. Back in Rome he replaced paint with humble, damaged materials: burlap sacks (Sacchi), burned plastic (Combustioni), wood, iron and, from the 1970s, cracked earth surfaces (Cretti), culminating in the Grande Cretto land work at Gibellina. His material abstraction anticipated Rauschenberg, Arte Povera and process art. On the market Burri is a top tier Italian post-war name but far scarcer than Fontana: few major Sacchi and Combustioni plastiche come up each year, so prices depend on the quality of the occasional masterpiece. The 2015 Guggenheim retrospective lifted his international profile, and the Fondazione Burri in Città di Castello keeps the catalogue tight.
Auction record
13,184,507 USD: Sacco e Rosso, 1954, Sotheby's, Londra, 2016-02-10 (source)
Recent auction results
- 6,250,000 USD: Sacco e Nero 3 (1955), Sotheby's, Londra (source)
- 3,120,000 USD: Nero Cretto (1976), Sotheby's, New York (source)
- 196,300 USD: Combustione (1960), Sotheby's, Londra (source)
Market data: public auction results with date, auction house and source, the same data as Unicorn Art Watch.
Museums
- Collezione Burri, Città di Castello
- Galleria Nazionale d'Arte Moderna e Contemporanea, Roma
- Tate Modern, Londra
- Museum of Modern Art, New York
Sources
- Milano Finanza, Burri strappa il record
- Patricia Low Contemporary, record Sacco e Rosso
- HENI News, profilo Alberto Burri
- Artnet News, mercato di Burri
Prices and news on Unicorn Art Watch · Guides on investing in art on Unicorn Private Research
Risk: Investing involves the risk of losing capital.