Jeff Koons Rabbit Sale Details
Jeff Koons Rabbit, a stainless steel sculpture from 1986, sold at Sotheby's New York in November 2019 for 91.1 million dollars. The price made it one of the most expensive works by a living artist ever sold at auction.
Why Rabbit Achieved 91 Million
Rabbit is part of Koons's celebrated "Banality" series, which combines pop culture imagery with polished, industrial materials. Collectors valued the work for its iconic design, rarity, and strong market demand for key pieces by living artists.
Impact on the Art Market
The sale signaled rising demand for high-profile contemporary works and reinforced Koons's position in the top tier of the art market. It also highlighted how sculptures by major artists can command prices comparable to historic masterpieces.
