The Giacometti sculpture in question, at right.
More facts: the $104.3 million sale was more than three times the previous auction record for a Giacometti (set at Christie’s New York in 2008 for Standing Woman II). There are only a handful of collectors in the world with that kind of bank to drop, and most speculate the mystery buyer is either Russian or Middle Eastern. Though Giacometti — a Modernist who was known to destroy his signature elongated, twisted figures as quickly as he made them — is in a slightly lower stratosphere of art history fame than, say, Monet or Picasso, Walking Man I is considered a “trophy piece” due to its iconic form and stature at nearly six feet tall.
*We’re talking auction records here. The highest sum ever paid for an artwork, period, was Ronald Lauder’s purported $135 million for Adele Block-Bauer I, currently residing in the Neue Galerie.
Hi, I’m Adele Bloch-Bauer, and I’ll raise your Modernist Existentialism with a heavy dose of Austrian Symbolism.