Jeff Koons Is Now The Top Selling Living Artist (At Auction)
If the art market is any indicator of the economy it looks like things are pretty secure. Overall the fall art auctions in New York City ended up strong with the only down note being the Impressionist sale last week at Sotheby's which had the misfortune to take place on the day the stock market took a serious dip. Analysts now say the auction was just an isolated episode although at the time the auction house's stock plummeted. Sotheby's had a much better night with their contemporary art auction, it brought in $316 million, above expectations. The big star of the auction was one big work, Hanging Heart by Jeff Koons which went for $23.4 million setting a auction record for an artist who is still alive besting Damien Hirst who garnered the title last June. Two Francis Bacon pieces also sold for a combined $79 million.The Hanging Heart is done in high chromium stainless steel weighs over 3,500 pounds and is almost nine feet tall. It was the second monumental piece that Koons sold during the fall auctions. His giant faceted blue diamond sculpture sold at Christie's for $11.8 million. Both pieces were bought by Larry Gagosian who is the art dealer for Jeff Koons.
[Thanks, Lana]
Charlie Sheen Gets Back To His Roots
The List #0147: Escape a Car Underwater
WHOOPS! Obama Makes Big Gaffe
Visit the Maldive Islands Before It's Too Late
H&M's Plus-Size Model Jennie Runk Says She Chose To Gain Weight
Jury Foreman: '18 Days Of Testimony Hurt' Jodi Arias
Okla. Sheriff's Deputy Finds Dog Guarding Body Buried Under Destroyed Home
Reptiles Make Home in UK Man's Cable Box
New Trayvon Martin Evidence Features Incriminating Photos, Texts From Teen
Springtime Budget-Busters -- Savings Experiment
Is This Woman Too Pretty To Work?
What It's Like To Talk To A 2-Year-Old
Mariah Carey Suffers Wardrobe Malfunction on Good Morning America
Parents Face Tough Choice When Tornadoes Bear Down
Best Friends Reportedly Die Holding Each Other In Tornado
The Story Behind Hairspray
Bridge Collapses In Washington State
Killed Soldier In London Attack Identified
Rapper Accused Of Faking His Own Death To Escape Payments
Helen Flanagan Launches PETA Campaign As Only She Knows How
LISTEN: Terror Inside Elementary School As Tornado Hits
Jodi Arias Jury DEADLOCKED
Surgeons Remove Giant Hairball From Tiger
Teenager's 'Awww'-Inspiring Drawing Wins Big At Google
Brave Woman Stood Down Armed London Attackers
LOOK: Photoshop Mistake Is Seriously Cringeworthy
Pope Francis Says All Who Do Good Are Redeemed - Atheists Included
'DWTS' Shakeup Ahead?
PHOTO: Dog Guards Dead Victim's Body After Oklahoma Tornado Disaster
REVEALED: Disturbing Trend In Human Intelligence
The World's Most Powerful Women
Rescuers Continue Search For Tornado Survivors
Reader Comments (Page 1 of 1)
jk Nov 17th 2007 7:33PM
http://abcnews.go.com/Entertainment/popup?id=3234825
Damien Hirst is still leading the pack with his "Skull" that brought in 100,000,000.00$
just me Nov 19th 2007 4:26PM
I'm glad Larry Gagosian bought the pieces--he can sit on them until they are completely devalued, as it should be. I love contemporary art and all, but these two pieces are re-dic-u-lous, especially the very ugly and tacky diamond--who in their right mind would really want these in their homes? bought as an investment--maybe, and a bad one at that. Too much hype. Can't stand it. Give me a deKooning or Picasso anyday.