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Artist bought a Giacometti chandelier for £250 in London; decades later, it sold for £2.922 million

Source: Times of India
Category: Technology
Region: UK
Published: October 26, 2026 at 05:37

📝 Summary

A chandelier created by Alberto Giacometti sold for £2.922 million at a Christie's auction in February 2023. Originally purchased for £250 by British artist John Craxton in the 1960s, it remained in his family until his death. The chandelier was commissioned by art patron Peter Watson for the literary magazine Horizon, which published many famous authors. It underwent extensive authentication process before its auction, confirming its historical significance.

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chandelier artist giacometti sold million auction bought london decades later

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