Stunned gasps fill Sotheby's auction room after greedy experts made terrible mistake with '$70m' sculpture

UK Daily Mail ^ | May 15, 2025 | Laura Parnby

[C19fan]

Sotheby's famed auction room was filled with gasps followed by shocked silence after an iconic statue priced far too ambitiously failed to sell at auction.

Billionaires descended on the New York City event on Tuesday in the hope of snagging a masterpiece created by the likes of Picasso, Monet or Matisse.

But it was Alberto Giacometti's 1955 bronze bust, called Grand tête mince, that was billed as the auction's centerpiece by experts who gave it a $70 million guide price.

[gundog]

If you put one at the edge of your prooerty, stray dogs will piss on it, and move along.

[laplata]

Thats right. Busts of Obama work, too.