Written by Oscar Holland, CNNA playful rabbit sculpture by Jeff Koons has become the most expensive work by a living artist ever to sell at auction. The British painter's artwork had itself overtaken Koons' "Balloon Dog (Orange)" sculpture, the previous record-holder, which went for $58.4 million in 2013. Christie's initially estimated that Koons' faceless "Rabbit" would sell for between $50 and $70 million. Prior to Wednesday's sale, Christie's had described the sculpture as "one of the most iconic works of 20th-century art." The American artist's 'Rabbit' sold for more than $91M.

Source: CNN May 16, 2019 02:14 UTC