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.