Christie’s is delighted to work with UniCredit managing the sale of some of the bank’s artworks from Austria, Germany and Italy. The proceeds will be primarily used to support the Group’s Social Impact Banking (SIB) initiatives. The remaining balance will be dedicated to other relevant projects, including the local support of young artists. In addition, UniCredit will also look to replace the masterpieces sold with works of young and emerging artists. The artworks are being offered at various Christie’s international salerooms across a range of marquee week sales that started in 2019 and are continuing throughout 2020.
Social Impact Banking is part of UniCredit’s commitment to building a fairer and more inclusive society. It aims to identify, finance and promote people and companies that can have a positive social impact. As well as continuing to provide credit to projects and organisations not usually served by the traditional banking sector, UniCredit employees educate micro-entrepreneurs, social enterprises and vulnerable or disadvantaged groups, building valuable networks within our communities. SIB also focuses on monitoring and measuring outcomes, essential for sustainable growth. In 2019 it was rolled out in 10 additional UniCredit markets.
ART FOR FUTURE – SELECTED WORKS FROM THE UNICREDIT GROUP
RUDOLF VON ALT (AUSTRIAN, 1812-1905)
Freyung
Important information about this lot
Price Realised GBP 22,500
Estimate
GBP 6,000 - GBP 8,000
Estimates do not reflect the final hammer price and do not include buyer's premium, any applicable taxes or artist's resale right. Please see the Conditions of Sale for full details.
You have agreed to be bound by the Conditions of Sale and if your bid is successful, you are legally obliged to pay for the lot you have won. The purchase price for a successful bid will be the sum of your final bid plus a buyer’s premium, any applicable taxes and any artist resale royalty, exclusive of shipping-related expenses.
Condition report
A Christie's specialist may contact you to discuss this lot or to notify you if the condition changes prior to the sale.
The condition of lots can vary widely and the nature of the lots sold means that they are unlikely to be in a perfect condition. Lots are sold in the condition they are in at the time of sale.
watercolour heightened with white on one sheet of paper The sheet of paper has been athed to a mount at the upper edge and lower sides with non-acidic tape. The mount is acidic and we would advise removal. There is some light staining to the surface. Upon close inspection there are a few very minor spots of foxing (not distracting) Overall the work presents well in a gilt compsite period style frame, protected behind glass.
Cost calculator
Lot 88Sale 18879
FreyungRUDOLF VON ALT (AUSTRIAN, 1812-1905)Estimate: GBP 6,000 - 8,000
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