Hang on a second while we grab that post for you.
Last night, this Jeff Koons’s sculpture “Balloon Dog (Orange)” fetched $58.4 million at the largest art auction sale ever. The amount set an auction record for a living artist. The event, presented by Christie’s International in New York, featured blue chip works by Andy Warhol, Willem de Kooning and Francis Bacon, whose painting “Three Studies of Lucian Freud” sold for $142.4 million, another record setting figure for the highest auction sale ever. Koons’s sculpture of the balloon figure is made of stainless steel with a mirror finish. Between 1994 and 2000, the artist fabricated five unique versions—one each in orange, yellow, blue, magenta and red. The 12-foot high sculpture was sold by collector Peter Brant on behalf of the Brant Foundation Art Study in Greenwich, Connecticut, to raise endowment funds.
Shown: Jeff Koons, Poodle, 1991, wood polychrome. Musée Collection Berardo.
Included in the exhibition Animal Beauty, now on view at the Galeries Nationales du Grand Palais in Paris, France. The show features 160 works exploring the relationship between animals and artists. Through July 16, 2012.