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Giorgio Morandi (1890–1964)

What is Giorgio Morandi’s work worth?

As of 2 November 2026, OpeningBid has recorded 633 auction results for Giorgio Morandi at 35 houses since 1993. Over the last 24 months the median price was $11,879 including buyer’s premium (middle half $5,869–$51,181, n=50). The auction record is $4,332,500 for Natura morta (2018, Christie's). Source: OpeningBid, an independent auction-results database.

Top auction records: paintings, drawings & sculpture
#WorkMediumPriceHouseSold
1Natura morta, 1940Oil paint$4,332,500Christie'sMay 2018
2Natura morta, 1954Painting$3,882,171BonhamsNov 2021
3Natura morta, 1959Oil paint$3,534,247Sotheby'sNov 2022
4GIORGIO MORANDI (1890-1964), 1952Oil paint$3,003,000Christie'sNov 2025
5Natura morta, 1920Oil paint$2,703,394Christie'sJun 2007
6Natura morta, 1924Olio su tela$2,469,842Sotheby'sNov 2018
7Natura morta, 1941Oil paint$2,442,270Christie'sOct 2007
8Natura Morta, 1941Oil paint$2,415,000Christie'sMay 2019
9Natura morta, 1955Oil paint$2,375,625Christie'sFeb 2023
10Natura morta, 1947Oil on canvas$2,322,000PhillipsMay 2026
Median price by medium (last 24 months, n ≥ 5)
MediumSalesMedian
Paintings133$841,986
Works on paper61$33,000
Other58$25,299
Prints262$14,607
Median price by size (last 24 months, n ≥ 5)
SizeSalesMedian
Medium (50-120 cm)28$813,003
Small (under 50 cm)462$23,241

Data as of 2 November 2026 · Source: OpeningBid, 633 results from 35 houses · How we compute these figures

Giorgio Morandi is an Italian artist with 1,032 auction lots recorded since 1989, median price $23,041. Some sold prices are hammer-only and exclude the buyer's premium; they are marked on this page. Some sold prices are not yet verified as premium-inclusive or hammer, and are marked on this page.

A work by Giorgio Morandi sold in 2026 for $31,519, according to OpeningBid's index of auction results.

2 Giorgio Morandi works are coming to auction (as of 2026-11-02). Follow Giorgio Morandi free on OpeningBid for sale alerts.

See the full Giorgio Morandi record on OpeningBid — images, provenance, fair estimates and free sale alerts.

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What is a Giorgio Morandi work worth?

Across 633 sold lots tracked by OpeningBid, the median price of a Giorgio Morandi work is $23,041.

The median Giorgio Morandi print sells for $13,909 across 320 lots.

The median Giorgio Morandi painting sells for $895,864 across 140 lots.

The median Giorgio Morandi work on paper sells for $31,519 across 114 lots.

Small (under 50 cm) Giorgio Morandi prints typically sell for $7,867–$23,516 (the middle half of 285 sold lots).

Small (under 50 cm) Giorgio Morandi paintings typically sell for $390,872–$1,215,030 (the middle half of 109 sold lots).

Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

Price breakdown by category

CategoryLots trackedMedian priceRecord priceSell-throughLast sale
Prints & Editions395$13,909†‡$77,63481%2026-10-22
Paintings159$895,864‡$4.3M88.1%2026-06-24
Works on Paper127$31,519†‡$161,93689.8%2026-10-23
Sculpture & Installation1$2.5M$2.5M—2018-11-29
Photography1$550$550—2002-12-05
Masterpieces (top of market)147$798,191†‡$4.3M—2026-06-24

† hammer price — buyer's premium not included. ‡ reported price — whether it includes the buyer's premium is not yet verified.

Giorgio Morandi's market splits by medium. Prints & Editions (395 lots) median $13,909 with 81% sell-through. Paintings (159 lots) median $895,864, record $4,332,500. A typical Giorgio Morandi painting sells for around 64× the price of a typical print. At the top of the market (top 5% of sales, 147 lots) the median is $798,191.

Price by size

Prints & Editions

SizeSold lotsTypical range (p25–p75)MedianRecord
small (under 50 cm)285$7,867–$23,516†‡$13,967†‡$77,634

† hammer price — buyer's premium not included. ‡ reported price — whether it includes the buyer's premium is not yet verified.

Paintings

SizeSold lotsTypical range (p25–p75)MedianRecord
small (under 50 cm)109$390,872–$1.2M‡$841,986‡$3.5M
medium (50–120 cm)25$362,025–$1.9M$954,087$4.3M

‡ reported price — whether it includes the buyer's premium is not yet verified.

Works on Paper

SizeSold lotsTypical range (p25–p75)MedianRecord
small (under 50 cm)104$17,173–$55,493†‡$31,661†‡$161,936

† hammer price — buyer's premium not included. ‡ reported price — whether it includes the buyer's premium is not yet verified.

Size is the work's longest edge. Cells appear only with at least 5 sold lots.

Notable results

MediumYearPrice
Paintings2018$4.3M
Paintings2021$3.9M
Sculpture & Installation2018$2.5M
Works on Paper2024$161,936
Works on Paper2006$145,280
Prints & Editions2002$77,634
Prints & Editions2013$75,495
Photography2002$550

The highest recorded result in each medium. See the full sale history on OpeningBid.

Frequently asked questions

What is a Giorgio Morandi worth?

Across 633 sold lots tracked by OpeningBid, the median price of a Giorgio Morandi work is $23,041. The median Giorgio Morandi print sells for $13,909 across 320 lots. The median Giorgio Morandi painting sells for $895,864 across 140 lots. The median Giorgio Morandi work on paper sells for $31,519 across 114 lots. Small (under 50 cm) Giorgio Morandi prints typically sell for $7,867–$23,516 (the middle half of 285 sold lots). Small (under 50 cm) Giorgio Morandi paintings typically sell for $390,872–$1,215,030 (the middle half of 109 sold lots). Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

What is the average price of a Giorgio Morandi print?

Based on 320 sold lots tracked by OpeningBid, the median auction price of a Giorgio Morandi print is $13,909. Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

What is Giorgio Morandi's most expensive print?

The highest price recorded at auction for a Giorgio Morandi print is $77,634.

What is the average price of a Giorgio Morandi painting?

Based on 140 sold lots tracked by OpeningBid, the median auction price of a Giorgio Morandi painting is $895,864. Some prices are not yet basis-verified (premium-inclusive or hammer).

What is Giorgio Morandi's most expensive painting?

The highest price recorded at auction for a Giorgio Morandi painting is $4,332,500.

What is the average price of a Giorgio Morandi work on paper?

Based on 114 sold lots tracked by OpeningBid, the median auction price of a Giorgio Morandi work on paper is $31,519. Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

What is Giorgio Morandi's most expensive work on paper?

The highest price recorded at auction for a Giorgio Morandi work on paper is $161,936.

What is the average price of a small Giorgio Morandi print?

Based on 285 sold lots, the median auction price of a small Giorgio Morandi print (small (under 50 cm)) is $13,967, according to OpeningBid's index of auction results. Prices are premium-inclusive where the house records them; hammer-only prices exclude the buyer's premium, and some prices are not yet basis-verified.

What is the average price of a small Giorgio Morandi painting?

Based on 109 sold lots, the median auction price of a small Giorgio Morandi painting (small (under 50 cm)) is $841,986, according to OpeningBid's index of auction results. Some prices are not yet basis-verified (premium-inclusive or hammer).

What is Giorgio Morandi's auction record?

Giorgio Morandi's auction record is $4,332,500, set in 2018.

See the full Giorgio Morandi record on OpeningBid — images, provenance, fair estimates and free sale alerts.

View Giorgio Morandi on OpeningBid →