The $28
Million Chair
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Christie's was Yves Saint Laurent's 'Dragons' armchair,
circa 1917-1919. Its estimated price was $2,587,711 to $3,881,567, but in the
end it went for 25 million more.
The buyer was Cheska Vallois, the dealer who sold it to the French designer in the early 1970s.
Why so much? The Art Deco chair is a rare masterpiece made by designer Eileen Gray around 1917 to 1919.
The chair is just one of the items that belonged to Saint Laurent and his partner Pierre Berge. All told, 733 pieces went on the auction block and brought in an astounding $262 million in the auction's first night. Among the other items sold was a work by Henri Matisse which went for a record-setting $45,264,579. Other artists in Saint Laurent & Berge's collection included Degas, Gauguin, Manet, Cezanne, Seurat, Toulouse-Lautrec, Picasso, Duchamp, Munch, Klimt and Mondrian just to name a few. And who says there's a global economic crisis?
The buyer was Cheska Vallois, the dealer who sold it to the French designer in the early 1970s.
Why so much? The Art Deco chair is a rare masterpiece made by designer Eileen Gray around 1917 to 1919.
The chair is just one of the items that belonged to Saint Laurent and his partner Pierre Berge. All told, 733 pieces went on the auction block and brought in an astounding $262 million in the auction's first night. Among the other items sold was a work by Henri Matisse which went for a record-setting $45,264,579. Other artists in Saint Laurent & Berge's collection included Degas, Gauguin, Manet, Cezanne, Seurat, Toulouse-Lautrec, Picasso, Duchamp, Munch, Klimt and Mondrian just to name a few. And who says there's a global economic crisis?