A playful rabbit sculpture by Jeff Koons has become the most expensive work of a living artist that has been sold at auction.
The American artist's "rabbit", a stainless steel figure measuring just over 3 feet tall, sold for more than $ 91 million Wednesday night at Christie's New York, breaking the estimates of the auction.
Jeff Koons with his record sculpture in 2009. Credit: BEN STANSALL / AFP / AFP / Getty Images
Christie's initially estimated that Koons' faceless "Rabbit" would sell for between $ 50 and $ 70 million. But the winning bid was $ 80 million, which, after the auctioneer's fee, resulted in a final sale price of $ 91,075,000.
Before Wednesday's sale, Christie & # 39; s described the sculpture as "one of the most iconic works of art of the twentieth century."
"His appearance is crisp and fresh, but he takes advantage of the visual language of childhood," he read a preview of the sale on the auction house's website. "His lack of facial features makes him inscrutable, but his form evokes fun and frivolity."
The "rabbit" of the American artist sold for more than $ 91 million. Credit: Courtesy of Christie & # 39; s
The Koons sculpture in 1986 is one of a three edition plus an artist proof. Another remains at the Broad Foundation in Los Angeles, while the third has been promised to the Museum of Contemporary Art by its owners, according to Christie & # 39; s.
The edition presented at the Wednesday auction came from the collection of the late media mogul S.I. Newhouse It has not been publicly exhibited for more than 30 years.