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| Women of Algiers by Pablo Picasso sold for $179.4 mil |
Pablo Picasso's painting has set a world record for artwork
at an auction in New York, selling for $179.4 million on Monday night, and a
sculpture by Alberto Giacometti set a record for most expensive sculpture, at
$141.3 million. The buyers elected to remain anonymous.
"Women of Algiers," once owned by the American
collectors Victor and Sally Ganz, was inspired by Picasso's fascination with
the 19th-century French artist Eugene Delacroix. It is part of a 15-work series
Picasso created in 1954-55 designated with the letters A through O. It has
appeared in several major museum retrospectives of the Spanish artist.
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| Pointing man by Alberto Giacometti sold for $141.3 mil |
Alberto Giacometti's sculpture 'Pointing man" was
Conceived in 1947, “L’Homme au Doigt” is a 5-foot-10-inch-tall, knobby stick
figure. The work was estimated at $130 million by Christie’s in New York. The
sale price includes commissions but it sold for $141.3million.
Picasso's "Women of Algiers (Version O)" and
Giacometti's life-size "Pointing Man" were among dozens of
masterpieces from the 20th century offered at the auction in a curated sale
titled "Looking Forward to the Past."
The most expensive artwork sold at auction had been Francis
Bacon's "Three Studies of Lucian Freud," which Christie's sold for
$142.4 million in 2013.
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