30 April 2009

Aluminum Lounge Chair Sells for 1.1 Million Pounds at Auction


Believe it or not, an aluminum chair just sold for 1.1 million pounds at the Phillips de Pury & Company auction house! The "Lockheed Lounge" chair by London artist Marc Newson set a new record for highest price at auction for a work of "contemporary design art."


This chair has an interesting history. Back in 1993, it was featured in singer Madonna's promo film for "Rain." Six years later, it failed to sell at a Christie's auction, even though it was estimated to fetch between 35,000 and 50,000 pounds. Obviously, this type of artwork has since become quite popular.

Here are two of Newson's other chairs:





3 comments:

YogaforCynics said...

That's actually not an unusual price for art furniture (there's a much better term, but I can't think of it at the moment & am too lazy to google) (oh wait, you used a term: design art...but I think there's another one), which, like haute couture (too lazy to google the proper spelling of that, too) in the fashion world, is really meant to be looked at like sculpture rather than used.

Liz said...

Yogafriend - industrial design? :D

Judith HeartSong said...

really a wonderful piece.....

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