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US News 90 million dollars: this is the entry auction to participate in the sale of a rare statue of Giacometti at Sotheby's

19:25  22 october  2020
19:25  22 october  2020 Source:   francetvinfo.fr

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© Image Courtesy of Sotheby's "Grande Femme I" by Alberto Giacometti is offered at the sale for 90 million dollars at Sotheby's.

Notice to collectors. Sotheby's will soon offer for sale a monumental statue of Alberto Giacometti, entitled "Grande Femme I". And who says exceptional lot, says original auction strategy. Collectors can submit their offers online until October 27, provided they amount to a minimum ... $ 90 million.

All bids will be evaluated by Sotheby's General Counsel and an external auditor, who will then complete the sale of "Grande Femme I" with the buyer who offered the highest price. An amount that could exceed $ 100 million, given that the works of the Swiss artist regularly beat auction records.

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The latest one concerns the sculpture "The Man with a Finger", which quickly exceeded its estimate of 130 million dollars to be auctioned at 141.3 million dollars at Christie's New York in 2015. Another fine auction for "L 'Walking Man I ", which reached $ 104.3 million at Sotheby's in 2010.

According to Sotheby's," Grande Femme I "could meet a similar fate. "Works of this magnitude and grandeur by the artist have fetched record prices at auction, with comparable works selling for over $ 100 million. 'Grande femme I' is Giacometti's final achievement, at the both from her ambition to sculpt in massive and haunting proportions, and her dedication to the feminine subject, ”said Brooke Lampley, vice president of the“ Global Fine Arts ”department, in a statement.

"Grande Femme I" is one of a series of four monumental statues of women that Giacometti created in 1960 for an outdoor installation at the Chase Manhattan Plaza in New York. While this installation never saw the light of day, the statues in the "Grandes Femmes" series have become icons in their own right, and have been widely exhibited both independently and as a set since their conception.

Although Sotheby's has not disclosed the identity of the seller of "Grande Femme I", Bloomberg claims that it is American billionaire Ron Perelman. The cosmetics mogul has reportedly sold more than $ 350 million worth of artwork already.

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