Unicorn Art Club
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Unicorn Art Club / All 30 artists

Enrico Castellani

1930-2017 · Azimut, ZERO, Minimalism

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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
1,000,000 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 6,000,000 USD (0.1-0.6 million for the Superfici correnti, 1-6 million for the large formats of the 1960s)

Market liquidity: medium

Biography

Enrico Castellani studied art and architecture in Brussels and co-founded the Azimut gallery and review with Piero Manzoni in Milan in 1959. From that year he made the Superfici: monochrome canvases stretched over a grid of nails so that the surface rises and sinks in regular rhythms of light and shadow. He pursued this single idea for almost sixty years, in white, black, red, silver and aluminium, and is now seen as a European forerunner of Minimalism and a central member of the ZERO network. Donald Judd praised him early. His market boomed between 2010 and 2018 together with Fontana and Bonalumi. Prices have since cooled, but early 1960s Superfici remain sought after.

Auction record

6,100,000 USD: Superficie bianca, 1967, Sotheby's, Londra (source)

Recent auction results

Market data: public auction results with date, auction house and source, the same data as Unicorn Art Watch.

Museums

Sources

Prices and news on Unicorn Art Watch · Guides on investing in art on Unicorn Private Research

Risk: Investing involves the risk of losing capital.