Miró, ‘Composition’, 1970

Joan Miró’s Composition (1970) is a valuable example of his late artistic style, showcasing the vivid colors, biomorphic forms, and playful abstraction that defined his oeuvre. This work is part of a series created as preparatory studies for Miró’s Tapís de Tarragona, his first monumental textile piece. While the tapestry itself resides in the Modern Art Museum of Tarragona, the present work has remained in private hands since its creation, making it a rarity. Miró’s choice of the title Composition reflects his preference to leave interpretation open to the viewer, avoiding fixed narratives and allowing his freely flowing forms to evoke a personal response.

Since 2020, Miró’s pieces have collectively achieved over $248 million at auction, with works on paper fetching an average price of nearly $200,000. Despite broader market contractions, Miró’s works have consistently performed well, securing his place among the top 25 artists by value and volume. This performance suggests great resilience in times of a cautious market climate.

Artemundi and Splint Invest have partnered to offer European investors fractional ownership of this artwork starting at 50€. Investments can be made in Splint Invest’s app, where we kindly ask you to consult all the details about this opportunity.

Date of issuance: December 3, 2024, at 6 PM CET
Investment Available Starting at 50€
Issuer: Spectrum Utilis with Artemundi as advisor
Custodian: Splint Invest
Investment Horizon: 2 – 4 years
Expected Return p. a. (2 – 4 years): 14-26%
Average Price Increase in Comparable Sales, Inflation Adjusted: 16%
Secondary Trade: Splint Invest’s app