A new record for a living artist at auction was set when Jeff Koons’ stainless steel Hanging Heart brought $23.6 million yesterday at Sotheby’s evening sale of Contemporary Art in New York. Sold to Gagosian Gallery to applause, Hanging Heart, 1994-2006 is considered one of the most important works by Koons ever offered at auction. The sculpture was offered for sale by a private American collector and had a pre-sale estimate of $15 million to $20 million.
The Guennol Lioness is a 5000-year-old Mesopotamian statue found near Baghdad, Iraq. Depicting a well-muscled anthropomorphic lioness, it sold for $57.2 million at Sotheby’s auction house on December 5, 2007. The price was the highest ever paid for a sculpture in history.
6 more days until… the Sale of the Magna Carta from Ross Perot’s private collection previously housed 5 blocks away
Tags: American art market, art market, art market quotes, auction market, auction records, contemporary art, contemporary collectors, global art market, International art market, investing in art, investing in fine art, Lauren Gentile, sale of the Guennol Lioness, Sale of the Magna Carta, Specullector
