Alberto Giacometti

  • Ugly Walking Man Sculpture Sells for 104.3 Million Dollars at Auction

    by Kyle O.
    February 4, 2010

    Can you believe someone actually paid ($104,327,006) for this burnt sculpture of a walking anorexic man? Well, the sculpture isn’t actually burnt, but it sure looks like it. The piece is titled “L’Homme Qui Marche I”( Walking Man I) and was sculpted by Swiss/Italian artist Alberto Giacometti in 1961. After a fierce bidding war at the Sotheby’s London “Impressionist and Modern Art Evening Sale” auction, the bronze sculpture was sold to an anonymous rich person for a world record $104.3 million. I know some might call this sculpture art, but I would call it worthless or priceless at best. It’s hard for me to wrap my mind around so called “Modern Art”, because anything good or bad can fall under that category. What amazes me is how much some people will pay for this kind of art even though its value is based on the hype that surrounds it. The moral of this story is- as long as you build up enough hype you can sell just about anything to anyone.

    Update: The buyer was Brazilian Billionaire Lily Safra