Jeff Koons' $ 91 million rabbit sculpture sets a new auction record

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Written by Oscar Holland, CNN

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

The "Rabbit" of the American artist, a stainless steel figure of just over 3 feet tall, was sold for over $ 91 million Wednesday night at Christie's in New York, destroying the estimates of the # 39; auction.

The new album comes just six months after David Hockney's "Portrait of an Artist" set a new benchmark for a living artist, when it was sold for 90.3 million dollars last November, again at Christie & # 39 ; sa New York. The work of the British painter's art has passed the sculpture of "Balloon Dog (Orange)" by Koons, the previous holder of the record, which in 2013 cost 58.4 million dollars.
Jeff Koons with his record sculpture in 2009.

Jeff Koons with his record sculpture in 2009. Credit: BEN STANSALL / AFP / AFP / Getty Images

Christie & # 39; s initially estimated that Koons's "faceless rabbit" would sell between $ 50 and $ 70 million. But the winning bid came to $ 80 million which, after the auctioneer's commissions, led to a final sale price of $ 91,075,000.

Before the sale of Wednesday, Christie had described the sculpture as "one of the most iconic works of 20th century art".

"It is clear and fresh in its appearance, yet it touches the visual language of childhood", read a preview for sale on the website of the auction house. "The lack of facial features makes it inscrutable, yet its shape evokes fun and frivolity".

The & # 39; rabbit & # 39; of the American artist has sold over $ 91 million.

The & # 39; rabbit & # 39; of the American artist has sold over $ 91 million. Credit: Courtesy of Christie & # 39; s

The sculpture of Koons from 1986 is that of an edition of three plus an artist's proof. Another is kept at the Broad Foundation, in Los Angeles, while the third was promised to the Museum of Contemporary Art in Chicago by its owners, according to Christie & # 39; s.

The Wednesday auction edition was published by the collection of the deceased media mogul S.I. Newhouse. It has not been publicly exposed for more than 30 years.

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

. (tagsToTranslate) arts (t) Jeff Koons & # x27; $ 91 M & # x27; Rabbit & # x27; the sculpture sets a new auction record – CNN

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