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Collectors are going crazy for design classics by Gio Ponti

Collectors are going crazy for design classics by Gio Ponti

There are few designers whose work is trading as hotly right now as Gio Ponti’s. At a recent Phillips auction in London, many of his pieces were sold for many times their estimated prices…

Just a decade ago, the Italian designer and architect Gio Ponti was largely unknown outside the creative scene. But now his name is omnipresent. In autumn of 2018, Ponti was honoured with a retrospective at the Musée des Arts Décoratifs in Paris, while at Grand Basel, a one-to-one scale model of a never-built Alfa Romeo he designed was presented. The furniture and objects of Milan’s allrounder are now among the most sought-after items for collectors in a rapidly growing international market for rare design classics. 

At a recent Phillips auction in London, many of the Ponti-designed lots sold for well beyond their pre-sale estimates. A wooden desk for example, which was estimated to make £60,000–80,000, realised an extraordinary £193,750 (incl. premium). Two folding coffee table prototypes raised £81,250 and £100,000, respectively, while the victorious bidder for a pair of chimneys, valued at £5,000–7,000, forked out £32,500. We’re curious to see which exceptional Ponti pieces will be the next to achieve World Record prices. 

Photos: Phillips