Sculpture Brings More Than $104 million
Auctioneer Henry Wyndam sells the sculpture 'Walking Man I' or 'L'Homme qui marche I', by Alberto Giacometti, at Sotheby's auction rooms in London, Wednesday Feb. 3, 2010. The life-size bronze sculpture of a man by Alberto Giacometti was sold at the London auction for 65 million pounds (US$104 million). Sotheby's says the sale set a world record for the most expensive work of art ever sold at auction. The auction house said Wednesday it took just eight minutes for bidders to reach the hammer price for the item. AP Photo / Anthony Devlin.
According to art daily this shatters the record set by Pablo Picasso’s Garcon a la Pipe. It says a lot tha art can still command a fair price in this economy. There’s hope for painters, photographers and sculptors everywere. Maybe even for designers. After we’re gone will our work command millions of dollars. I know we all have work in our studios that’s just waiting to hit Sothebys. Well now just might be the time to dust it off.
