May 27, 2019
Latest News

Koons' "Rabbit" sculpture fetches $91 million, record for a living artist

New York, USA, May 15 (efe-epa).- A striking metallic "Rabbit" sculpture by Jeff Koons sold for more than $91 million at Christie's in New York on Wednesday, setting a new record for a living artist.

Experts had estimated it would fetch somewhere between $50 and $70 million.

The stainless-steel sculpture by the US artist, surpassed these estimations and reached a hammer price of $80 million which ended up being $91.1 million including taxes and commissions.

Koons’ piece thus became the most expensive artwork by a living artist, beating the previous record held by British painter David Hockney, whose "Portrait of an Artist (Pool With Two Figures)" was sold for $90.3 million at another Christie's auction six months ago.

This particular work of Hockney 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 surpass the British painting by just under $800,000.

With this piece, Koons regains the record for a living artist which he previously held from Nov. 2013 with his "Balloon Dog (Orange)", which was sold for $58.4 million, until it was surpassed in Nov. 2018 by Hockney’s painting.

The "Rabbit" sculpture, which is just over a meter high, is the only one which remains in private possession out of the four pieces that were made.

The other three belong to museums in Los Angeles, Chicago and Qatar.

While the "Rabbits" at the Broad Art Foundation in Los Angeles, the Museum of Contemporary Art in Chicago and the National Museum of Qatar are exhibited frequently, the piece auctioned on Wednesday had not been shown in public since 1988, and was last seen at the Fridericianum museum in Kassel, Germany.

"Rabbit" a minimalist sculpture of a rabbit silver in color, has appeared in numerous books, magazines and catalog covers and a monumental balloon version took part in New York's Thanksgiving parade in 2007.

Another outstanding work at the auction at Christie's was one of the biggest screen canvases by American artist Robert Rauschenberg, "Bufallo II" (1964), which came close to Koons' "Rabbit", fetching $88.8 million including taxes and commission, surpassing the estimate of $70 million.

Nearly 2.5 meters high and 1.8 meters long, the piece is from one of Rauschenberg's most productive periods when he began combining dissimilar images, such as an eagle, the Coca-Cola logo, and a portrait of former US President John F Kennedy, as can be seen in "Bufallo II", aiming to capture the social and political spirit of the time.

Andy Warhol's "Double Elvis Ferus Type" (1963), which was last exhibited in the year it was made, sold for $53 million.

Louise Bourgeois's 3-meter-high and 7-meter-wide 1997 bronze spider was sold for more than $32 million.

Frank Stella's "Point of Pines", a minimalist piece which is dominated by the color black, was sold for more than $28 million, setting a new record for the 83-year-old American artist.


News history
Florida exhibition features influence of comics on contemporary art

By Ana Mengotti

Bong Joon-ho takes Cannes Palme d'Or, Banderas named Best Actor

Cannes, France, May 25 (efe-epa).- South Korea's Bong Joon-ho lived up to expectations and took home the Palme d'Or from a Cannes Film Festival that also...

Philanthropy or handouts? Spain's richest man donates to public healthcare

By Alida Juliani

Brazil, Spain claim Un Certain Regard laurels in Cannes

Cannes, France, May 24 (efe-epa).- Productions from Brazil and Spain took honors here Friday in the Un Certain Regard sidebar of the 2019 Cannes Film...

Rihanna launches Fenty fashion label with debut pop-up store in Paris

Paris, May 24 (efe-epa).- Rihanna launched her first pop-up shop for her new fashion label, Fenty, on Friday in Paris as part of a collaboration with luxury...

Landmarks light up as part of Vivid Sydney festival

Landmarks across the Australian city of Sydney including the Opera House and Harbour Bridge are being lit up as part of the Vivid Sydney festival. Besides...

"Black Mirror" creator Charlie Brooker: Show is not anti-technology

London, May 24 (efe-epa).- Charlie Brooker, the creator of "Black Mirror," told Efe on Friday that the series is not anti-technology and his explorations...

What will happen to Cuba's anti-imperialist grandstand at US Embassy?

By Lorena Canto

Voice of female Mesaharati calls out in Cairo each dawn of Ramadan

By Carles Grau Sivera

Taiwan to legalize gay marriage on 24 May

Taipei, May 17 (efe-epa).- Gay couples will begin to register for legal marriage in Taiwan on Friday, after it became the first Asian country to recognize...

Indian artist Nalini Malani wins Joan Miró prize

Barcelona, May 23 (EFE).- Indian artist Nalini Malani has won the seventh edition of the Joan Miró Prize, an international award that comes with a...

Author of beloved children’s classic “The Tiger Who Came to Tea” dies at 95

London, May 23 (efe-epa).- Judith Kerr, the writer and illustrator behind the classic children’s book “The Tiger Who Came to Tea” has died at the age of 95,...

Botswana lifts elephant hunting ban

Johannesburg, May 23 (efe-epa).- Botswana, the country with the largest population of elephants in the world, has lifted a ban on hunting these animals...

Journalism in digital age must rethink how to reach its audience

By Gina Baldivieso

Craft-making on the decline in southern Mexico due to lack of pupils

By Mitzi Mayauel Fuentes Gomez

Garcia Bernal's latest directorial effort examines root causes of violence

Marta Garde

Israeli scientists brew beer using 5,000-year-old yeast

Jerusalem, May 22 (efe-epa).- Israeli scientists have brewed beer with ancient yeasts that were discovered in 5,000-year-old pottery.

Once Upon A Time... In Hollywood Photocall - 72nd Cannes Film Festival

Cannes, France, May 22 (efe-epa).- Quentin Tarantino said Wednesday that he is obsessed with the story of American cult leader Charles Manson at the...

Kenyan writer, LGBT activist Wainaina dies

Nairobi, May 22 (efe-epa).- Kenyan writer and famous LGBT activist Binyavanga Wainaina died in a hospital in Nairobi after suffering from a stroke, his...

Star Wars Canyon: where enthusiasts go to watch fighter pilots practice

By Ivan Mejia

Beekeeping organization in Israel aims to protect bees, promote practice

Yossi Aud has been housing bees in his back yard and teaching people about keeping the insects in a bid to help save them from extinction.

UK's Prince Charles and Camilla visit Ireland

Dublin, May 21 (efe-epa).- Britain’s Prince Charles and his wife Camilla were given a "warm and friendly welcome" to Ireland.

Victoria: an exploration of the UK queen to mark 200th birth anniversary

London, May 21 (efe-epa).- The United Kingdom's Queen Victoria often evokes images of a stern-looking monarch dressed in head-to-toe black, but a new show...

Italian airline Alitalia cancels more than 280 flights due to strike

Rome, May 21 (efe-epa).- Italian airline Alitalia has canceled more than 280 flights on Tuesday amid a national 24-hour strike called by air sector unions.

I agree Welcome to We use cookies to improve your online experience. Find out more.