A steel sculpture by Alexander Calder, created in 1963, was auctioned off in Paris on Wednesday.
A monumental work by Calder offered for auction in Paris on Wednesday evening was sold for more than 4.9 million euros to a European collector, announced the auction house Artcurial. For 57 years, this stabile, a fixed version of the mobiles of the famous American artist, decorated a holiday village in the south of France.
This sculpture by Alexander Calder, 3.5 meters high, was estimated between 2.5 and 3.5 million euros. Made of black painted steel, this stabile was created by Calder in 1963 and was installed six years later at the entrance to a residence dedicated to social tourism on the Côte d’Azur.
At the time, two other works by Calder had been installed in France, at Unesco headquarters in Paris, and in front of a high school in the South East.
“This is the very first time that a monumental Calder stabile of this size has been auctioned in France,” said Hugues Sébilleau, director of the Contemporary Art department of Artcurial, adding that the work is being sold by the current owner of this holiday village, Belambra Clubs.