Giorgio Morandi Work Sells for $3m to Deliver a 7% Annualized Return
3 min read · 18 Nov 2025
Natura morta. Image courtesy of Christie's
Giorgio Morandi, Natura morta (1952) sold for $3m, more than two and a half times the low estimate at Christie's in New York on November 17.
The sale beat the previous auction result for this work by $2.85m, equivalent to an annualized return of 7%. It last sold at auction in 1983 for $150,000 at Christie's.
Oil on canvas, 35.2 x 45.8cm. The work has been traded twice in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
November 17, 2025 | $3m | 1902 % | Christie's | New York |
November 15, 1983 | $150,000 | - | Christie's | New York |
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