Certainly no crisis on the Art market. A sculpture by the famous Swiss art sculptor Alberto Giacometti (1901-1966) has hit a new record during auction for the highest price ever of 65 million pounds (74 million Euros).

“L’Homme qui marche I” is a life size bronze figure of a moving man and faces a great recognition value for Giacometti.

According to Sotheby’s it has just beaten Picasso’s record of his work “Boy with a pipe” that has been sold 2004 for about 104 million dollar, which was just under Giacometti’s.