New record for contemporary art market?
ARTinvestment.RU   15 марта 2011

At Sotheby's in May will be "Pink Panther" by Jeff Koons, estimated at 20-30 million dollars

Jeff Koons
The Pink Panther. 1988.
Source: artinfo.com

As reported by The New York Times, May 10 at New York's Sotheby's auction will be a porcelain sculpture by Jeff Koons 'Pink Panther', estimated at 20-30 million dollars. The name of the seller is not named, but rumor has it that the work to tender exhibits Benedikt Taschen (Benedikt Taschen), publisher of glossy books - "educational program" on art.

In 2007, Taschen rescued by a steel "Blue Diamond" Koons 11.8 million dollars and two years later sold it as "large vase with flowers" for 5.7 million. Both sculptures have found new owners at auction Christie's.

«The Pink Panther" was released in 1988, in triplicate, plus the author's impression, which go under the hammer in May. In 1999, media mogul Peter Brant (Peter Brant) bought a copy for a record sum for those times 1.8 million dollars. Another two "Pink Panther" belong to the Museum of Modern Art in New York and Chicago.

Like many works of this price level, "Pink Panther" was a guarantee - this means that in the absence of interest in it at auction it will take someone with whom Sotheby's has already agreed. It is said that this client had promised to pay for a sculpture of about 20 million.

Today's most expensive creation Koons is purple" flower from a balloon, who retired at Christie's in 2008 for 25.8 million . The absolute record price for works of living artists is 33,6 million dollars - so much has been paid in the same 2008 in picture of the" Sleep Inspector benefits "British painter Lusiena Freud (Lucian Freud) .

material was prepared by Julia Maksimova, AI

Source: nytimes.com , artinvestment.ru