$104.3 Now Highest Price Ever Paid At Art Auction
Despite recent worldwide economic turmoil, the art market reached a new high last week when a life-size bronze sculpture depicting the figure of a man by Alberto Giacometti was sold at auction for the world record price of $104.3 million at Sotheby's in London.
The anonymous bidder apparently place the bid over the telephone and paid nearly three times the expected price.
More about the record sale can be found here:
money.cnn.com/2010/02/04/news/economy/Sothebys_Giacometti_record_auction/
