François-Xavier Lalanne’s ‘Hippopotame Bar’ Sets a New Auction Record for the Artist
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7 Articles
A hippopotamus bar breaks records
A copper and brass hippopotamus bar broke the record for the priciest design object sold at auction. Expected by Sotheby’s to fetch between $7-10 million, François-Xavier Lalanne’s eventually pulled down $31.4 million Wednesday. A furious 26-minute contest between seven bidders pushed the sale beyond Lalanne’s previous auction record — the brass , which featured a desk, safe, bar and wine storage — by more than $10 million. The hippo features a …
Lalanne’s ‘Hippopotame Bar’ Sells for $31.4 M., Shattering Design Auction Record
François-Xavier Lalanne’s Hippopotame Bar sold today for a staggering $31.4 million at Sotheby’s in New York, shattering every precedent in the market for design and setting a new auction record for the artist by a wide margin. Estimated at $7 million–$10 million, the hand-wrought copper bar more than tripled its high estimate after a 26-minute bidding contest among seven bidders. Not only does the result confirm Lalanne’s commercial star powe…
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