Alberto Giacometti hits a homer
Posted By Mason Hayutin on Nov 4, 2009 in THE ARTS
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.
Author: Mason Hayutin
Founder, Editor and contributing writer, Mr. Mason Hayutin is recognized for his depth of experience and knowledge in technology, energy economics, real estate and the arts (fine and visual). Having worked with recognized world-class artists and their estates since 1997, Mason brings a wealth of practical experiences from installations, marketing, and private sales.
An active business advocate, he successfully released the fine art documentary film LUBIE LOVE in 2009 ahead of the global auto crisis - in addition to maintaining his tenure at GALLERY M INC. Hayutin holds a degree in Economics from Washington University in St. Louis. He is the founder of MASONmodern, a boutique real estate firm based in Denver, CO. You can read his insight here at The Art Quarterly as well as in regional and national publications.
