Guennol Lioness Sculpture sells for record amount .

Latest developments in the art market

A new world record for any sculpture at auction was set last week at Sotheby's in New York when a 3¼in, 5,000-year-old limestone carving of a lioness sold for $57.2 million (£28 million) or 39 million euros .

• Roaring success: The Guennol Lioness sold for £28 million

By Colin Gleadell 11/12/2007 found at telegraph.co.uk 

 

The price exceeds the previous $28.6 million record for an antiquity, which was set earlier in the year by a Roman bronze depicting Artemis and a stag, and the previous $29.2 million record for a sculpture held by Picasso's bronze of the head of his lover, Dora Maar.

The successful bidder, who stood at the back of the saleroom wearing a grey check suit and reading glasses, was described by Sotheby's as English, and told reporters that he was an archaeologist. However, he was not thought to be bidding for himself.

In spite of the adverse publicity surrounding looted antiquities and the ongoing trial in Rome of the Getty Museum's antiquities curator Marion True, the antiquities market appears to be flourishing. The Sotheby's sale found buyers for all but four of the 136 lots and realised a record £32 million for an antiquities auction.

As most African Art auctions today shows, sculpture have not yet attained it's peak, once more demonstrated with the Guennol Lioness

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Learn more about Guennol Lioness ? Search for "Guennol Lioness" books at Amazon or find Guennol Lioness at Alibris rare books

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