Giacometti portrait sells for $33M at NYC auction - Los Angeles News | FOX 11 LA KTTV

Giacometti portrait sells for $33M at NYC auction

Posted: Updated:

NEW YORK (AP) - A 1954 portrait by Alberto Giacometti of his brother has set a new auction record for a painting by the Swiss artist.

"Diego in plaid shirt" sold for $32.6 million at Christie's impressionist and modern art sale Tuesday evening. It came within the pre-sale estimate of $30 million to $50 million.

The painting has been in a private collection for more than two decades and had never appeared at auction.

Giacometti's brother was the artist's most frequent subject.

The previous auction record for a painting by Giacometti was "Portrait of Caroline," painted in 1964. It sold for $14.6 million in 2008.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsLocal NewsMore>>

  • Medics who responded to deadly chokehold arrest suspended

    Medics who responded to deadly chokehold arrest suspended

    Monday, July 21 2014 11:07 PM EDT2014-07-22 03:07:56 GMT
    Four emergency workers involved in the medical response to a man who died in police custody have been barred from responding to 911 calls. The hospital that employs the two EMTs and two paramedics has suspended them without pay pending the outcome of an investigation into Eric Garner's death.
    Four emergency workers involved in the medical response to a man who died in police custody have been barred from responding to 911 calls. The hospital that employs the two EMTs and two paramedics has suspended them without pay pending the outcome of an investigation into Eric Garner's death.
  • Repaving of Palisades Parkway begins

    Repaving of Palisades Parkway begins

    Monday, July 21 2014 10:42 PM EDT2014-07-22 02:42:19 GMT
    Crews have begun repaving along the Palisades Interstate Parkway. The last time such work was done on the road, which links New York state to the George Washington Bridge, was the mid-1990s.
    Crews have begun repaving along the Palisades Interstate Parkway. The last time such work was done on the road, which links New York state to the George Washington Bridge, was the mid-1990s.
  • A look inside the exclusive Beautique

    A look inside the exclusive Beautique

    Monday, July 21 2014 10:38 PM EDT2014-07-22 02:38:38 GMT
    Beautique is Midtown Manhattan's new celebrity hangout with a touristy address and locals-only feel.The upscale restaurant gives way to a luxe lounge. Everyone here looks like a million bucks and has a bank account to match. It's no wonder celebrities like Leonardo DiCaprio feel right at home.
    Beautique is Midtown Manhattan's new celebrity hangout with a touristy address and locals-only feel.The upscale restaurant gives way to a luxe lounge. Everyone here looks like a million bucks and has a bank account to match. It's no wonder celebrities like Leonardo DiCaprio feel right at home.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices