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Monday, November 3, 2014

Sotheby’s to Auction Two Icons of Modern Sculpture This November in New York: CHARIOT Alberto Giacometti’s Masterpiece and One of the Greatest Sculptures in Private Hands TÊTE Amedeo Modigliani’s Exceptional Totemic Goddess Both Works Will Be Offered in Sotheby’s Impressionist & Modern Art Evening Sale On 4 November 2014 Our Coverage Sponsored by Hallak Cleaners the Couture Cleaner

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Two great icons of Modern sculpture will anchor Sotheby’s Evening Sale of Impressionist & Modern Art in New York on 4 November 2014: Alberto Giacometti’s Chariot, one of the seminal achievements of modern art, and Amedeo Modigliani’s Tête, a revered masterwork of 20thcentury sculpture. Both works are appearing at auction for the first time, and together bookend the modern era, with Tête carved in 1911-12 and Chariotconceived in 1950.

Bill Ruprecht, Sotheby’s Chairman, President and Chief Executive Officer, commented: “It is a privilege and a thrill for Sotheby’s to bring these two remarkable sculptures – both pillars of modern art – to the market. They will join a spectacular group of works of art that we have assembled this November in New York, including The Collection of Mrs. Paul Mellon. We look forward to welcoming you to our galleries in both London and New York in the coming weeks to view these stunning pieces.”

Regarding Giacometti’s Chariot, Simon Shaw, Co-Head of Sotheby’s Worldwide Impressionist & Modern Art Department, said: “Few works of art capture a historical moment with the power and poignancy of Giacometti’s Chariot. With its connotations of healing, strength and magic, this heroic sculpture is a symbol of renewal following the Second World War. Given the $104.3 million achieved at Sotheby’s by Giacometti’s Homme qui marche I in 2010, we believe that Chariotcould sell for in excess of $100 million.”

Regarding Modigliani’s Tête, Simon Shaw said: “Modigliani's Têtes rank among the most revered sculptures of the 20th century. Working alongside Constantin Brancusi, he believed that direct carving and staying true to materials were critical if sculpture was to be reborn for the Modern age. The present Tête has a truly mesmerizing aura and is recognized to be the greatest Modigliani sculpture in private hands.” The work is estimated to achieve in excess of $45 million in the November sale.

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