Art furniture becomes the new darling of the rich

- Apr 21, 2018 -

For the top rich people in the world today, it is not enough to hang millions of artworks on the wall. They also want to sit on it.


In the past two years, under the support of the huge purchasing power of the wealthy, the emerging schools of art have become popular. The furniture designed by the designers also came into the room and was titled “functional sculpture”, which was worth a hundredfold. And more and more rich people are willing to sell tens of thousands or even hundreds of thousands of pounds of high prices to buy one of such furniture.


The artist has already started in the 1980s, but it has only recently begun to receive attention, which is not unrelated to the rise of the art market.


Imagine a sofa. You can comfortably sit on it and admire the paintings of the house, and let it alone be in the same room as these top works of art. This is full of enthusiasm for the upstarts who have installed contemporary art to decorate their own homes in recent years.


So Christie's New York will launch the world's first contemporary design auction this fall, taking 30 pieces of art furniture designed by contemporary artists and designers. These include the polyurethane table designed by the Iranian architect Zaha Hadid (estimated 100,000 pounds) and the stainless steel sofa designed by Israeli designer Ron Elard (valued at 150,000 pounds).


“Recently this category is getting hotter and we have to open up a special stage for it alone.” Christie’s expert Galina Veringer recently told the independent newspaper “Although the price of art furniture has increased a lot, but for For those buyers of contemporary art, this is only a small amount."


The Design Art Fair in London, which will follow the auction, will also promote art furniture in order to attract the top tier riches at the Frieze Contemporary Art fair in London. And stars.


The first possible test of water is Brad Pitt and Angelina Jolie. According to reports, Julie and Pitt spent more than 500,000 US dollars (equivalent to 250,000 pounds) on design furniture at the Design Miami Fair in Basel in March this year. These include a $293,000 marble table, a tapestry made of aluminum wire, and a painted gold fiberglass sofa designed by Zaha Hadid.


In addition, Roman Abramovich, Russia's richest man who just bought two famous paintings with 60 million pounds in New York, is a loyal buyer of art furniture.


“In the past, rich people have always lived in similar luxury houses and cars of the same kind. Contemporary art furniture may be a way for them to seek their own personalities.” Carpenters Workshop Gallery owner at the London Design Art Fair Girard may have told the hearts of the rich. In order to prepare for the exhibition, Girard specially invited British artist Mark Quinn to design 8 sets of marble tables and chairs for him. In 2005, the sculpture “Alison Lapa” was erected on the pillar of Trafalgar Square in London. The sculpture is still controversial. Presumably the ordinary marble tables and chairs were his hands. It also produces "miracle".


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