Walking Into History

It was a thrilling victory, but a narrow one. Once the currency conversions were worked out, it was clear that Alberto Giacometti’s L’homme qui marche I (Walking Man I), offered at Sotheby’s in London on Feb. 3, had made history, fetching £65 million, or $104.3 million, to claim the title of “most expensive artwork sold at auction” from Picasso’s Garçon à la pipe (Boy With a Pipe), a 1905 painting that fetched $104.1 million at Sotheby’s New York in 2004.

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