idris
New Member
Posts • 564
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February 2008
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Giacometti for £65m, by idris on Feb 3, 2010 21:58:31 GMT 1, Tonight at Sotheby’s, Alberto Giacometti’s L’homme qui marche I sold for £65,001,250 / $104,327,006 becoming the most expensive art work ever sold at auction.
The expectant saleroom fell quiet as bidding opened at £12 million. Some eight minutes later, after a fast and furious bidding battle between at least ten prospective purchasers, this spectacular piece – the only life-time cast of this iconic subject ever to have come to auction – sold to an anonymous telephone bidder, establishing a new record price not only for the artist, and for any piece of sculpture ever sold at auction but also, and more importantly, taking its place in history as the most expensive work of art ever sold at auction.
Formerly part of the corporate collection of Dresdner Bank AG, the sculpture came into the possession of Commerzbank AG after the latter’s takeover of Dresdner Bank in 2009. Commerzbank intends to use the sale proceeds to strengthen the resources of its new Foundation Centre, and also to provide funds to partner museums for restoration work and educational programmes.
www.artmarketmonitor.com/2010/02/03/sothebys-sells-giacometti-for-65m/#more-28133
Tonight at Sotheby’s, Alberto Giacometti’s L’homme qui marche I sold for £65,001,250 / $104,327,006 becoming the most expensive art work ever sold at auction. The expectant saleroom fell quiet as bidding opened at £12 million. Some eight minutes later, after a fast and furious bidding battle between at least ten prospective purchasers, this spectacular piece – the only life-time cast of this iconic subject ever to have come to auction – sold to an anonymous telephone bidder, establishing a new record price not only for the artist, and for any piece of sculpture ever sold at auction but also, and more importantly, taking its place in history as the most expensive work of art ever sold at auction. Formerly part of the corporate collection of Dresdner Bank AG, the sculpture came into the possession of Commerzbank AG after the latter’s takeover of Dresdner Bank in 2009. Commerzbank intends to use the sale proceeds to strengthen the resources of its new Foundation Centre, and also to provide funds to partner museums for restoration work and educational programmes. www.artmarketmonitor.com/2010/02/03/sothebys-sells-giacometti-for-65m/#more-28133 |
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ricobenfico
Junior Member
Posts • 3,174
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May 2008
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Giacometti for £65m, by ricobenfico on Feb 3, 2010 22:03:43 GMT 1, 
Is the decimal point in the wrong place?!?
Bit of art history right there and then. Phew!
Is the decimal point in the wrong place?!? Bit of art history right there and then. Phew!
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ricobenfico
Junior Member
Posts • 3,174
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May 2008
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Giacometti for £65m, by ricobenfico on Feb 3, 2010 22:04:18 GMT 1, 
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Deleted
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January 1970
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Giacometti for £65m, by Deleted on Feb 3, 2010 22:39:50 GMT 1, well.. this is beautiful.. but would never think it would reach that kind of money 
well.. this is beautiful.. but would never think it would reach that kind of money |
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Giacometti for £65m, by wilfsboy on Feb 3, 2010 22:46:07 GMT 1, How tall does it stand ? I'd like a matching pair for the mantlepiece !
How tall does it stand ? I'd like a matching pair for the mantlepiece !
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Stinky Pete
New Member
Posts • 274
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August 2009
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Giacometti for £65m, by Stinky Pete on Feb 3, 2010 22:58:15 GMT 1, they had his works at our gallery in christchurch and my son kept grabbing his awesome dog sculpture and hugging it.. til we were asked to leave
now I know why
they had his works at our gallery in christchurch and my son kept grabbing his awesome dog sculpture and hugging it.. til we were asked to leave
now I know why
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idris
New Member
Posts • 564
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February 2008
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Giacometti for £65m, by idris on Feb 3, 2010 23:02:13 GMT 1, oh get on bbc news, they are doing a piece on it towards the end of the programme .....
oh get on bbc news, they are doing a piece on it towards the end of the programme .....
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Giacometti for £65m, by rottenredrooster on Feb 3, 2010 23:44:07 GMT 1, Saw that - it's actually a very nice piece.
Saw that - it's actually a very nice piece.
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Giacometti for £65m, by Gentle Mental on Feb 3, 2010 23:52:08 GMT 1, A Giacometti? who'd've thunk, huh? wot next? A botero?
A Giacometti? who'd've thunk, huh? wot next? A botero?
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Giacometti for £65m, by Daniel Silk on Feb 3, 2010 23:57:37 GMT 1, That is a crazy price I wonder how it would go done if its been bought by another Bank? I'm not sure people would be too happy if their Bank was spending that sort of money on art in these times  Saying that, maybe they would have the last laugh, if its value rocketed as the world recovers from the recession.
That is a crazy price I wonder how it would go done if its been bought by another Bank? I'm not sure people would be too happy if their Bank was spending that sort of money on art in these times Saying that, maybe they would have the last laugh, if its value rocketed as the world recovers from the recession. |
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Bram
Artist
Junior Member
Posts • 2,815
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November 2007
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Giacometti for £65m, by Bram on Feb 4, 2010 0:13:33 GMT 1, The buyers premium alone was £7m
The buyers premium alone was £7m
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illu
Junior Member
Posts • 1,849
Likes • 366
December 2009
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Giacometti for £65m, by illu on Feb 4, 2010 1:14:19 GMT 1, the foundation beyerle in basel (switzerland) got some of his walking guys......liked it when I first saw it some years ago and still love them when I visit the foundation....try to get some pictures next time I'll be there cuse they look amazing infront of an huge window with a view on the foundations own park....so if I had the cash I would like to have some walkers in my flat 8)
the foundation beyerle in basel (switzerland) got some of his walking guys......liked it when I first saw it some years ago and still love them when I visit the foundation....try to get some pictures next time I'll be there cuse they look amazing infront of an huge window with a view on the foundations own park....so if I had the cash I would like to have some walkers in my flat 8)
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illu
Junior Member
Posts • 1,849
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December 2009
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Giacometti for £65m, by illu on Feb 4, 2010 1:18:23 GMT 1, here is a link to a swiss newspaper to give you an impression actually giacometti has his own room in the museum...but I'll still try to get better pics. www.swissinfo.ch/ger/Giacometti_in_Basel.html?cid=947714
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idris
New Member
Posts • 564
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February 2008
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Giacometti for £65m, by idris on Feb 4, 2010 11:28:18 GMT 1, Good to see the auctioneer saying 'i'm going to sell' presumably looking at the person taking the phone bid 'well, are you in or not?' the bid at that moment stood at a cool £58million :-)
Good to see the auctioneer saying 'i'm going to sell' presumably looking at the person taking the phone bid 'well, are you in or not?' the bid at that moment stood at a cool £58million :-)
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scandi
New Member
Posts • 312
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December 2009
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Giacometti for £65m, by scandi on Feb 4, 2010 11:42:13 GMT 1, Thanks for the tip on Foundation Beyerle. I have to check that out some time.
Thanks for the tip on Foundation Beyerle. I have to check that out some time.
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illu
Junior Member
Posts • 1,849
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December 2009
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Giacometti for £65m, by illu on Feb 4, 2010 15:12:11 GMT 1, Thanks for the tip on Foundation Beyerle. I have to check that out some time.
you're welcome or scho'recht ;D
have fun
Thanks for the tip on Foundation Beyerle. I have to check that out some time. you're welcome or scho'recht ;D have fun |
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Saying that, maybe they would have the last laugh, if its value rocketed as the world recovers from the recession.
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