The story got buried in November but during the week of sales in New York there were some extraordinary prices paid for Diego Giacometti furniture. A pair of lamps at Sotheby’s were estimated at $60-80k but sold for $732k. A table estimated at $300-400k, sold for $3.8m.
The Diego Giacometti market is no stranger to such volatile price swings but the action seems to be intensifying. That makes today’s intriguing announcement from Christie’s that they will be selling 21 pieces of Giacometti furniture owned by the designer Hubert Givenchy in Paris this March:Continue Reading