Art News

Alberto Giacometti’s Walking Man I Sells for a Record-Breaking $104,327,006 at Sotheby’s

LONDON.- Tonight at Sotheby’s, Alberto Giacometti’s L’homme qui marche I (Walking Man I) sold for £65,001,250 / $104,327,006 /€74,185,983 becoming the most expensive work of art ever sold at auction. The sale of that work was swiftly followed by that of Gustav Klimt’s Kirche in Cassone, which made £26,921,250 / $43,208,606/ €30,725,246 – a new record price for a landscape by the artist. These two works headlined a sale that realised a record-breaking total of £146,828,350 / $235,659,502 / €167,575,324 – making it the highest value sale ever staged in London. (Pre-sale estimate for the sale was £69,060,000-102,130,000). Melanie Clore, Co-Chairman, Impressionist & Modern Art, Sotheby’s Worldwide, said: “We are thrilled to have sold these great works this evening and that they have been recognised for the masterpieces that they are. The competition which generated these exceptional