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AT LONDON SALE, A GIACOMETTI SETS RECORD
Publication Date: 2/4/2010
By CAROL VOGEL
New York Times

One of Alberto Giacometti’s best-loved bronzes, “Walking Man I,” has broken the world record price for a work of art at auction, selling to an unidentified telephone bidder for $92.5 million, or $104.3 million with fees, at Sotheby’s in London on Wednesday night. The previous record was $104.1 million, paid for a 1905 Picasso, “Boy With a Pipe (The Young Apprentice),” at Sotheby’s in New York in 2004.

The Giacometti was not the only work to fetch a high price at Sotheby’s on Wednesday evening. A 1913 landscape by Gustav Klimt, “Church in Cassone — Landscape With Cypresses,” brought $43.2 million from another telephone bidder. The price was a record for a landscape by the artist.

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