Giacometti Sets Mark on Market

Alberto Giacometti (1901-1966), L’homme au doigt, 1947 © 2015 Alberto Giacometti Estate/Licensed by VAGA and ARS, New York

Alberto Giacometti sets auctions records regularly, so when his most beloved 1947 70-inch (180-cm) bronze sculpture, “Pointing Man” came up for auction last month it was expected to fetch more than $130 million, but what it actually sold for was $141 million. Proving once more how in demand the artist is and how his artwork appreciates well over the years.

The previous record price for a Giacometti sculpture sold at auction was $104.3 million which was paid for Giacometti’s “L’Homme qui marche I” in 2010. ‘Pointing Man’ however is considered to be Giacometti’s greatest. Executed in Giacometti’s trademark elongated style with a rippling, irregular and scarred surface, the work is one of six casts. Four of them grace major museums, including London’s Tate and New York’s Museum of Modern Art.

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