US: Jeff Koons' $91M 'Rabbit' sculpture sets new auction record - PressFrom - US

USJeff Koons' $91M 'Rabbit' sculpture sets new auction record

08:20  16 may  2019
08:20  16 may  2019 Source:

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Jeffrey Koons (/kuːnz/; born January 21, 1955) is an American artist known for working with popular culture subjects and his reproductions of banal objects

Christie’s is set to host the sale of the sculpture , part of Koons ’ heralded “Celebration” series. Consigned from a European collection, Play-Doh‘s sale The sculpture will be available for public viewing ahead of the May 17 auction at the Christie’s headquarters in New York’s Rockefeller Center

Jeff Koons' $91M 'Rabbit' sculpture sets new auction record© Provided by Cable News Network, Inc.

A playful rabbit sculpture by Jeff Koons has become the most expensive work by a living artist ever to sell at auction.

The American artist's "Rabbit," a stainless steel figure measuring just over 3 feet tall, sold for more than $91 million Wednesday evening at Christie's in New York, smashing auction estimates.

The new record comes just six months after David Hockney's "Portrait of an Artist (Pool with Two Figures)" set a new benchmark for a living artist, when it sold for $90.3 million last November -- also at Christie's in New York. The British painter's artwork had itself overtaken Koons' "Balloon Dog (Orange)" sculpture, the previous record-holder, which went for $58.4 million in 2013.

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July 28 (Bloomberg) –- Jeff Koons ' artwork is the the most expensive for a living artist. His iconic stainless steel sculptures repeatedly sell for millions. In 2013 one of his balloon dogs smashed the record for any living artist when it sold for .4million at auction .

sculpture “ Rabbit ” (1986) is coming up for sale at Christie’s, where it could smash Koons ’s auction record . million— setting it up to perhaps break the Koons record , set in 2013 when Balloon Dog. The New Yorker profile of Koons , published in 2003, cited the late Varnedoe’s reaction to the work as

Christie's initially estimated that Koons' faceless "Rabbit" would sell for between $50 and $70 million. But after more than 10 minutes' bidding, the winning offer came in at $80 million which -- including auctioneer's fees -- resulted in a final sale price of $91,075,000.

Prior to Wednesday's sale, Christie's had described the sculpture as "one of the most iconic works of 20th-century art."

Jeff Koons' $91M 'Rabbit' sculpture sets new auction record© BEN STANSALL/AFP/AFP/Getty Images US artist Jeff Koons poses for photographs with his work of art entitled 'Rabbit 1986' during the press view of the 'Pop Life, Art In A Material World' exhibition at the Tate Modern, in London, on September 29, 2009. The exhibition will run from October 1 to January 17, 2010. AFP PHOTO/Ben Stansall (Photo credit should read BEN STANSALL/AFP/Getty Images) "It is crisp and cool in its appearance, yet taps into the visual language of childhood," read a sale preview on the auction house's website. "Its lack of facial features renders it inscrutable, yet its form evokes fun and frivolity."

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Looks similar to a Jeff Koons sculpture . Jeff koons french retrospective + POP art balloon dog figure set : red. Bernardaud France Edition Limitee Jeff Koons in Collaboration with Art Production Fund Photo Credit: George Caddy.

Balloon dog figure jeff koons poster set - pink - 10 inches - new in box. A minature version of the Jeff Koons Flower Sculpture which stands guard outside the Gugenheim, Bilbao. Hand- made (Hecho a Mano) from dried flowers, steel and resin, 1998 and still in its original cl

Koons' 1986 sculpture is one from of an edition of three, plus one artist's proof. Another is kept at the Broad Foundation, in Los Angeles, while the third has been promised to the Museum of Contemporary Art in Chicago by its owners, according to Christie's.

The edition featured in Wednesday's auction came from the collection of the late media mogul S.I. Newhouse. It has not been publicly exhibited for more than 30 years.

"This was the piece that I have personally admired for 20 years, and always (had) dreamed of having for sale," said Alex Rotter, chairman of the post-war and contemporary art department at Christie's, during a press conference.

"You can think of Koons whatever you (like), but this is his best work," he added.

More than 50 other artworks were sold at the evening sale, generating a total of almost $540 million. Other notable lots included Robert Rauschenberg "Buffalo II," which set a new record for the artist's work at just under $89 million, and one of Louise Bourgeois' towering bronze "Spider" sculptures, which went for over $32 million.

The sale continues a record-breaking week for art in New York. A painting from Claude Monet's "Haystacks" series went for $110.7 million at Sotheby's Tuesday to become the most expensive Impressionist artwork ever to sell at auction.

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