It will ultimately be much more than the estimated value. A monumental work by Calder, offered for auction in Paris on Wednesday evening, has been 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.
A work created in 1963
This Alexander Calder sculpture, 3.5 meters high, was estimated between 2.5 and 3.5 million euros. In black painted steel, this stabile was created by Calder in 1963 and was installed six years later at the entrance of a VVF (Village Vacances Famille) residence dedicated to social tourism, in La Colle-sur-Loup in the Alpes-Maritimes, near Cannes. At the time, two other works by the artist were installed in France, at UNESCO headquarters in Paris, and in front of a lycée in Grenoble.
"This is the 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. The work was put up for sale by the current owner of this holiday village, Belambra Clubs.
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