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Old 11-15-2007, 10:05 AM
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Merlion Merlion is offline
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Koons Tops Hirst as Priciest Living Artist at Auction

Damien Hirst was overtaken by Jeff Koons as the priciest living artist at an auction. For a picture of the auctioned work, click into the link below.

Koons's Pink `Heart' Sells for Record $23.6 Million

Nov. 14 (Bloomberg) -- Jeff Koons's 3,500-pound, hot-pink, stainless-steel ``Hanging Heart (Magenta/Gold)'' sold for $23.6 million tonight at Sotheby's in New York, a record for Koons that established him as the priciest living artist at auction.

Koons's 9-foot-tall heart with a gilt bow came early in a sale of contemporary artworks that totaled $315.9 million, including commissions. ....



The late Francis Bacon's 6 1/2-foot-tall canvas of a swirling man and bull -- against a mustard and orange ring -- was the evening's top lot. Estimated to fetch more than $35 million, it sold for $46 million to private dealer Philippe Segalot. ....

Koons, 52, a onetime Wall Street commodities broker, strides the line between high art and kitsch. He wrested the most- expensive crown from British artist Damien Hirst, anointed this spring when one of his works sold for $19.1 million. ....

.. Sotheby's gave Koons's ``Heart'' eight pages in its auction catalog, including a fancy fold-out sheet. Sotheby's presale estimate for the work was $15 million to $20 million.

``Hanging Heart (Magenta/Gold)'' was one of five versions executed by a German manufacturer to Koons's specifications. It's part of the ``Celebration'' series, though dealers said it's not as desirable as other works in the series such as ``Balloon Dog.'' Dealer Larry Gagosian helped fund the production of the series and bought tonight's piece. He also bought a work from the series last night at Christie's. ...
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Old 11-15-2007, 11:00 AM
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jOe~ jOe~ is offline
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Re: Koons Tops Hirst as Priciest Living Artist at Auction

Well its all relative. Koons is a bargain compared to Bacon, by a factor of at least 50,000, probably much more,but my 50 cent calculator doesn't hold enough numbers. You see, Koons piece works out to $6743 per pound. Bacon's is only canvass and costs way more. So Koons is still a light weight by price comparison. When he dies he may catch up. Wonder what the price will be then?
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Old 11-15-2007, 02:31 PM
hooverss hooverss is offline
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Re: Koons Tops Hirst as Priciest Living Artist at Auction

So, once you get it home where are you going to find a Christmas tree big enough to hang it on?
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Old 11-15-2007, 02:40 PM
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evaldart evaldart is offline
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Re: Koons Tops Hirst as Priciest Living Artist at Auction

Quote:
Originally Posted by jOe~ View Post
Well its all relative. Koons is a bargain compared to Bacon, by a factor of at least 50,000, probably much more,but my 50 cent calculator doesn't hold enough numbers. You see, Koons piece works out to $6743 per pound. Bacon's is only canvass and costs way more. So Koons is still a light weight by price comparison. When he dies he may catch up. Wonder what the price will be then?
When I get ten bucks a pound I'm jumpin fer joy. Oh well, nowhere to go but up, I suppose.
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