Art pop indeed! Several months of press by just association with Lady Gaga has paid off. Last night painter Jeff Koons set antique dealer record at Christie’vertisements. His “Balloon Pet (Orange)” was purchased for $58.4 thousand thousand ($62.6 million including service fees.) The price smashed Koons’ohydrates previous auction high of $33 million. Not only that, that beat the sell house’s set valuation on $55 million. And it was over Gerhard Richter’s big income record from continue spring.
The Koons sale had been the largest ever for artist.
Art auctions are emotional, especially when any numbers are so dizzyingly higher and the room is loaded with crackle and pop. Philip Brandt was the owner of the particular Koons. There are five people, each in different shades, owned by the likes of disgraced lender Steven A. Cohen, Christie’s operator Francois Pinault, Dakis Joannou, who’s a Traditional industrialist, and Los Angeles billionaire Eli Broad.
What’s all the fuss about Koons? The latest owner and the consumers involved may not be amongst Lady Gaga’s very little monsters. But they know which value of press. And for months the soda star has suggested Koons as an equal. He designed her lp cover, and statues for her performances. Teenagers around the world know the name more than Picasso or perhaps Matisse.
There’s no doubt, as well, that Gaga advantages of all of this. Presumably the actual newly minted 27 year old multi millionaire owns some Koons bits. Their value has skyrocketed. Koons was a terrific investment for Coo.