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The Art Quarterly: Contemporary Art Magazine Online

November 04, 2009

Alberto Giacometti hits a homer

In the flicker of a frame and crack of the bat, the November auction season has it's first home run. During the evening sale at New York's Sotheby's, Alberto Giacometti's painted bronze sold extremely north of it's estimate. The bidding only took 5 minutes with 5 active bidders. From 7:23 to 7:28 pm, the back and forth met the crowd's oohs and appreciation for the L'HOMME QUI CHAVIRE. It's initial estimate may have been initially low by some accounts - 8,000,000 to 12,000,000. As the ball rose out of the park, the final fan caught this work just under 20 Million $US (19,346,500). Going forward the day auction has a wide grouping of works that may be excellent finds for those looking to step up to the plate.

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