Giacommetti sets world auction record
Feb 4th, 2010 | By Chris | Category: Random Shanghai stuff...Giacommetti has set the world’s most expensive artwork at auction record….
For a chap who apparently fell out with Picasso over the latter’s commercialism and mercantilism, its, erm, kind of ironic. I imagine Picasso is now talking to his people to sort this out, and van Gogh’s people are huddled in conference.
Quote:
So big spenders are cutting back? Clearly not all of them. A sculpture of a grimly determined walking man by Alberto Giacometti tonight broke records by becoming the most expensive work of art ever sold at auction when it was bought for £65m.
The price, achieved at Sotheby’s in London, was five times more than its estimate of £12m-18m, and beat the record set by Picasso’s Garçon à la Pipe in 2004. That sold in New York for $104,168,000. With exchange rates the way they are the Giacometti pipped it at $104,327,006.
