Image Credit: AP

Jeff Koons 'playful rabbit sculpture' sets a new auction record with $91 million

R Sinduja

News Editor

A rabbit sculpture by Jeff Koons sold for $91 million at Christie's in New York, the most paid for an artwork by a living artist. Christie had described the 1986 sculpture by the 64-year-old Koons as one of the most iconic works of 20th-century art on its website. Christie estimated that Koons faceless Rabbit would sell between $50-$70 million, but the winning bid was $80 million & after auction fees came in at $91,075,000.