Koons recovers the record price of a live artist with the sale of 'Rabbit' for 81.3 million euros

Thursday,
16
may
2019

16:16

The American artist super the sale of David Hockney's 'Portrait of an Artist (Pool With Two Figures)', for 80.6

'Rabbit', by Jeff Koons, during the auction.
AFP

A striking metallic rabbit was this Wednesday the protagonist of Christie's contemporary art auction held in New York, where the "Rabbit" of the American Jeff Koons marked a new record price for a living artist when sold for more than 91 million dollars (81.3 million euros).

The experts had given him an estimated value of between 50 and 70 million dollars, which super broadly when reaching a hammer price of 80 million dollars, which increased to 91.1 million when taxes and commissions were included.

Koons took away the record of a living artist from the British painter David Hockney, who had reached the historic figure of 90.3 million dollars (80.6 million euros) just six months ago in another Christie's auction with his " Portrait of an Artist (Pool With Two Figures) ".

Interestingly, this Hockney painting also reached a hammer price of $ 80 million last November, but the recent increase in Christie's commissions, the third in the last three years, led "Rabbit" to overcome the British painting for less than 800,000 dollars.

With the singular piece, Koons recovers the record of a living artist, who had held since November 2013 with his "Balloon Dog (Orange)", because he paid 58.4 million dollars, until November 2018, when Hockney snatched it.

The sculpture, just over a meter high and made of stainless steel, is considered one of the icons of twentieth-century art, and it is the only one of the four copies that were produced that still remains in private hands, since the other three belong to museums in Los Angeles, Chicago and Qatar.

In addition, while the "Rabbit" of the Board Art Foundation of Los Angeles, the Museum of Contemporary Art of Chicago and the National Museum of Qatar are frequently exhibited, the auction this Wednesday had not been shown to the public since 1988, when it was seen in the Fredericianum Museum in Kassel, Germany.

"Rabbit", a minimalist sculpture of a rabbit in a bright silver color, has appeared on numerous covers of books, magazines and catalogs, and a monumental version participated in 2007 in the popular Thanksgiving Day parade organized in New York Macy's department store chain.

Another one of the most outstanding works of Christie's this Wednesday's auction was one of the largest screenprints of the American Robert Rauschenberg, "Bufallo II" (1964), which stayed very close to "Rabbit", reaching a price of 88.8 million dollars with taxes and commissions included, above the maximum value that had been estimated at 70 million dollars.

Almost 2.5 meters high and 1.8 meters long, the piece is the product of one of his most fertile periods in Rauschenberg, where he began to capture disparate images, such as the eagle, the Coca-Cola logo or the portrait of former US President John F Kennedy who are seen in "Bufallo II", with the aim of capturing the social and political spirit of the time.

I also over fifty hundred million dollars a work of Andy Warhol, the painting "Double Elvis Ferus Type" (1963) exhibited for the last time in Los Angeles the same year of its creation and for which 53 million dollars were paid, within a minimum of 50 and a maximum of 70 million calculated by the personnel of Christie's

Despunt also one of the monumental spiders of Franco-American Louise Bourgeois, more than 3 meters high and 7 long and produced in bronze in 1997, which exceeded 32 million dollars.

The 'Point of Pines' by Frank Stella, a minimalist work dominated by black, sand sold for more than 28 million dollars, marking a new record for the 83-year-old American artist.

Among the pieces by Latin artists was a copy of the Mexican Diego Rivera, "Nia senta con flores", from 1949, which exceeded the estimates of the experts when sold for 375,000 dollars compared to a maximum of 250,000 that had been calculated.

According to the criteria of

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