Chandelier bought for £250 in antique shop set to sell for millions

John Craxton picked up the chandelier at an auction in central London in the 1960s

The Giacometti chandelier (pictured) was made in the 1940s (Christie’s/Getty)

A “rare and prestigious” chandelier picked up by an English painter for £250 in the 1960s could be sold for millions.

John Craxton suspected the unusual chandelier was the work of Alberto Giacometti when he saw it at an auction in London. Made in the late 1940s, it goes on sale at Christie’s in February.

Pieces by Giacometti, a revered Swiss sculptor, are among some of the most expensive to buy at auction.