Koon's 'Rabbit' fetches record $91 million at NY auction

A stainless-steel sculpture of a rabbit by way of Jeff Koons has set an public sale document in New York, fetching over $91 million.

The sale of Koons’ 1986 “Rabbit” at Christie’s Wednesday used to be the most costly paintings by way of a residing artist ever bought at public sale.

The former document for a residing artist’s paintings bought at public sale used to be set by way of British artist David Hockney. His 1972 “Portrait of an Artist (Pool with Two Figures)” introduced in $90.three million at Christie’s ultimate 12 months.

The New York Instances says Robert E. Mnuchin, an artwork broker and the daddy of Treasury Secretary Steven Mnuchin, used to be the successful bidder for “Rabbit,” which had an estimated sale value of no less than $50 million.

Christie’s says the sculpture is one in every of 3 editions plus one artist’s evidence.

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