There has been a new world record. A month ago we reported right here how an Alberto Giacometti art scultpure will be going under the hammer. Well, the “L’Homme Qui Marche” did and went on to make headlines as the most expensive piece of art ever sold by auction.
Let us remind you that this being much celebrated as the SWiss artist’s characteristic sculpture of an elongated figure in bronze went on to make a record selling price of $104.3 million. There was a lot of excitement indeed at Sotheby’s London.
The last record of the most expensive piece of art ever sold by auction was held by Spanish cubist Pablo Picasso for his 1906 portrait Garçon � la pipe (”Boy With a Pipe”) that sold for $104.1 million in 2004. Might we add that “L’Homme Qui Marche” also pulverized the previously held record for any modern sculpture sold at auction. This title was last achieved by Constantin Brancusi’s “Madame L.R. ( Portrait de Mme L.R.)” from circa 1914-17 that sold for $37.7 million. An Arteconomics expert was heard saying that this is a sign that buyers are getting more confident. And we could not have agreed more.