Previously unrecorded Alberto Giacometti drawing sold for £130,000 at auction

A previously unseen double-sided sketch by world-famous artist, Alberto Giacometti, has sold for £130,000 at Cheffins’ The Residue of Vision – Art & Design from 1860 sale today. This is over double its presale estimate of £40,000 - £60,000. Hosted in Cambridge, UK, the sale drew international interest from across Europe and the US.

A previously unseen double-sided sketch by world-famous artist, Alberto Giacometti, has sold for £130,000 at Cheffins’ The Residue of Vision – Art & Design from 1860 sale today. This is over double its presale estimate of £40,000 - £60,000. Hosted in Cambridge, UK, the sale drew international interest from across Europe and the US.  

The drawing was discovered amongst the collection of the late antiques dealer, Eila Grahame, in London and has been authenticated by the Comité Giacometti in Paris and registered in the Alberto Giacometti database under AGD 3759.* The pencil sketches are on a double-sided sheet of paper and are signed ‘Alberto Giacometti 1947.’ They are titled “Têtes (recto); Nu debout (verso)” and are studies of various heads and a nude woman standing in a room in Giacometti’s signature style. 

Sarah Flynn, Head of the Paintings Department at Cheffins comments: 
“The price achieved today represents the rise in the popularity of Giacometti in recent years. Giacometti is one of the most revered and sought-after artists of the 20th century and we have seen interest from across the globe from museums and galleries as well as private collectors. The drawing encapsulates two of the three most important and reoccurring themes that dominated his work: the standing female figure, the bust and the walking man. Giacometti explored these motifs in endless variations and groupings across all mediums – including sculpture, painting and drawing. Eila Grahame was a true icon in the antique collecting world and we knew that anything from her collection would be highly desirable, including this important previously unrecorded work.”

Eila Grahame was a renowned antiques collector, whose shop on Kensington Church Street was a magnet for collectors. Cheffins sold the main Eila Grahame collection in December 2016 which made over £577,000 in total. Amongst key items in the collection were a previously unseen Picasso sketch, watercolours by Frans Anton von Scheidel and a cork model of the Temple of the Sybil in Tivoli by Antonio Chichi, the latter achieving the record price of £56,000.
The proceeds of the Eila Grahame estate will be divided equally between the Art Fund and the Church of St Mary of the Assumption, Ufford.

Auction: The Residue of Vision - Art & Design from 1860 – Thursday 12th October from 11:00 GMT
Location: Cheffins, Clifton House, 1-2 Clifton Road, Cambridge, UK, CB1 7EA

For more information, contact the Fine Art team on fine.art@cheffins.co.uk, or t: 01223 213343.
Giacometti 1

Social

CheffinsPropert

Who is off to the fabulous Presents Galore next weekend? It's East Anglia's most glamorous gift fair for all of the… https://t.co/fL9QtI0014 Read more
 

CheffinsPropert

Three-bedroom homes: Most in-demand property in Britain https://t.co/fSI6Ldj0Sf Read more
 

CheffinsPropert

17th November
Don't forget its our final property auction of the year on the 6th December. Items on offer include investment prop… https://t.co/Nx8x2fcTd7 Read more