L’Homme Qui Marche (Walking Man I)
L’Homme Qui Marche (Walking Man I) is a 1960 sculpture of a spindly man produced by master artist Alberto Giacometti.
It is the most expensive artwork ever auctioned on the private markets, last selling for $104.3 million on 3rd February 2011.
‘Most expensive artwork ever sold’
The sculpture was sold for $104.3 million in a Sotheby's auction, breaking the world record price for a work of art sold at auction.
According to a report by the Wall Street Journal, the sale signalled “a potential resurgence in the art market.”
Prior to the sale of Walking Man I, the most expensive artwork was Pablo Picasso's 1906 portrait Boy With a Pipe. It sold for $104.2 million. The buyer remains unknown.
The 6-foot-tall bronze depicts a wiry man in mid-stride, his right foot jutting forward, his head erect and his arms hanging at his side.
Walking Man I is typical of Giacometti’s haunting sculptures of what have been described as “blank-faced Everymen”.
Giacommetti cast the work 60 years ago as part of a commission to plant several of his bronze figures on Chase Manhattan Bank's Pine Street plaza in New York City.
The artist famously struggled with the project, eventually quitting it but casting stand-alone versions of several of the planned figures, including Walking Man I.