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ART FOR FUTURE - SELECTED WORKS FROM THE UNICREDIT GROUP Christie’s is delighted to have been appointed by UniCredit to manage the sale of a selection of artworks from Austria, Germany and Italy. The proceeds will be primarily used to support the further roll-out of the group’s Social Impact Banking (SIB) initiatives. The remaining balance will be dedicated to other relevant projects, including the support of young artists. UniCredit will also look to replace the masterpieces sold with works of young and emerging artists. Following the excellent results of a selection of artworks already presented at various Christie’s international salerooms in 2019, 2020 started with sales of Impressionist and Modern art in February and continues with selected pieces by Frank Stella in the Prints and Multiples auction. 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. It was rolled out to additional UniCredit core countries last year, including: Germany, Austria, Serbia, Croatia, Hungary, Bulgaria, Romania, the Czech Republic and Slovakia, and Bosnia and Herzegovina. UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

FRANK STELLA (B. 1936)

The Hyena, from: The Waves

Details

FRANK STELLA (B. 1936)
The Hyena, from: The Waves
screenprint, lithograph and linocut in colours, with marbling and collage, and extensive hand colouring in acrylic and watercolour, 1985-9, on T. H. Saunders and Somerset wove paper, signed and dated in pencil, numbered 22/60, (there were also 10 artist's proofs), published by Waddington Graphics, London, the full sheet, in very good condition, framed
Image & Sheet 1710 x 1380 mm.

Provenance

Knoedler & Company, New York.
Helge Achenbach, Düsseldorf.
Acquired from the above by the present owner.

Literature

Axsom 195
HVB Luxembourg. Architektur und Kunst. Band 2, 2001, p. 24

Special Notice

VAT rate of 20% is payable on hammer price and buyer's premium This lot will be removed to our storage facility at Momart. Christie’s will inform you if the lot has been sent offsite. Our removal and storage of the lot is subject to the terms and conditions of storage which can be found at Christies.com/storage and our fees for storage are set out in the table below - these will apply whether the lot remains with Christie’s or is removed elsewhere. Please call Christie’s Client Service 24 hours in advance to book a collection time at Momart. All collections from Momart will be by pre-booked appointment only. Tel: +44 (0)20 7839 9060 Email: cscollectionsuk@christies.com. If the lot remains at Christie’s it will be available for collection on any working day 9.00 am to 5.00 pm. Lots are not available for collection at weekends.

Brought to you by

James Baskerville

jbaskerville@christies.com +44 (0)20 7752 3385

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