“What do you think Mary”? ” Looks Like someone got a new welding set for Christmas”
How much you wanna pay?
I know, call me a heathen, but a Hundred Million? Oy Vey.
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Sculpture expected to break record, sell for $100M
Robert Frank | @robtfrank19 Hours AgoCNBC.com
t stands just under 5 feet tall, a painted bronze woman atop a small platform with two wheels. But Alberto Giacometti’s 1950 “Chariot” sculpture could make history Tuesday, when it goes on the auction block at Sotheby’s.
With an estimated worth of more than $100 million, many dealers said it could become the most expensive sculpture ever sold and could help pull the increasingly top-heavy art market through another record-breaking auction season.
“This could easily set the record,” said Andrew Fabricant, director of the Richard Gray Gallery. “It’s top quality, and it’s extremely rare.”
To break the record for a sculpture, the work would have to top the price of a previous Giacometti. His 6-foot-tall “Walking Man I” piece, which portrays a lanky man in stride, fetched $104.3 million at a Sotheby’s sale in London in 2010.
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“Chariot,” however, may be even more coveted. Many art historians consider it to be Giacometti’s masterpiece, and one of the seminal works of modern art. Giacometti made only six “Chariots,” and only two remain in private hands. The one Sotheby’s is selling had been with the same collector for more than 40 years, making it even more valuable.
A lot is riding on those two spindly wheels. As the first of the major fall auctions, Tuesday’s sale is expected to set the tone for the auctions of more than $1.5 billion worth of art over the next two weeks. If the sale of “Chariot” hits any kind of bump, the remaining sales may not be as strong.
~Steve~
