Alberto Giacometti’s Le Chat has been announced for Sotheby’s Impressionist and Modern art sale in New York on May 5th. Le Chat was first exhibited in 1951 and this cast has been in the same collection since the 1960s. The work is estimated at between $16 and $22 million. According to Sotheby’s:
The last time a cast of Le Chat appeared at auction was on May 21, 1975 at Sotheby’s New York where it sold for $130,000. Other casts of Le Chat are in major public collections, including the Metropolitan Museum of Art in New York, the Fondation Marguerite et Aimé Maeght, Saint-Paul-de-Vence, the Berggruen Museum in Berlin and the Alberto Giacometti Foundation in Zurich.