Unicorn Art Club / All 30 artists
Giorgio Morandi
1890-1964 · Metaphysical painting, Still life
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 500,000 to 4,500,000 USD (0.5-4.5 million for oil still lifes; watercolours, drawings and etchings from 10,000 to 500,000)
Market liquidity: high
Biography
Giorgio Morandi was an Italian painter and etcher who spent almost his entire life in Bologna. After a brief metaphysical phase around 1918 to 1919, he devoted himself to quiet still lifes of bottles, jugs and boxes and to landscapes of Grizzana, exploring infinite variations of form, light and muted colour. Admired by artists from the post-war era to minimalism, he is now considered one of the great modern masters of restraint. His paintings are small and his output steady, giving the market good depth and regular international demand, with still lifes from the 1940s and 1950s most sought after. His record, a Natura morta of 1940, sold for 4.3 million dollars at Christie's New York in May 2018.
Auction record
4,332,500 USD: Natura morta, 1940, Christie's, New York, 2018-05-08 (source)
Recent auction results
- 3,000,000 USD: Natura morta (1952), Christie's, New York, 2025-11-17 (source)
Market data: public auction results with date, auction house and source, the same data as Unicorn Art Watch.
Museums
- Museo Morandi (MAMbo), Bologna
- Casa Morandi, Bologna
- Pinacoteca di Brera, Milano
- Museum of Modern Art, New York
- Tate, Londra
Sources
- HENI News, Morandi record 2018
- HENI News, Natura morta November 2025
- Finestre sull'Arte, Sotheby's Milano Morandi 3 milioni
Prices and news on Unicorn Art Watch · Guides on investing in art on Unicorn Private Research
Risk: Investing involves the risk of losing capital.