The Lockheed Lounge was designed by the Australian designer Marc Newson who has enjoyed international fame since 1985.
Worth $968,000, the lounge chair was sold at Sotheby’s in 2006.
The flowing shapes of his objects recall the streamlined style of the 1930s and features 3 legs that smoothly descend from the natural curves and which are covered with rubber.
Made primarily of fiberglass-reinforced plastic, the Lockheed Lounge can be seen in Madonna’s music video for ‘Rain’.
(https://www.alux.com/most-expensive-chairs-in-the-world/8/)
The Lockheed Lounge by Australian designer Marc Newson has retained its title as the world's most expensive design object, after selling for more than £2 million.
Newson's riveted aluminium and fiberglass chaise longue fetched £2,434,500 during a sale at auction house Phillips in London last night.
This surpasses the £1.4 million raised by a prototype of the design when sold by the same auctioneers in 2010, when it first became the most expensive object sold by a living designer.
"We are proud to have set, yet again, the auction record for Marc Newson, one of the most influential designers of the last quarter century," said Alexander Payne, worldwide head of design at Phillips.
Designed in 1990, the Lockheed Lounge is one of Newson's most famous early works. It gained international fame when Madonna was seen reclining on it in the music video for her 1993 track Rain.
Ten editions of the seat were created, along with four artist's proofs and one prototype. The edition put up for auction by Phillips was estimated to fetch between £1.5 million and £2.5 million, and was eventually sold to an anonymous telephone bidder.
The chaise longue is formed from thin plates of aluminium welded side by side, with rivets beside the seams. The metal curves around a body made from fibreglass-reinforced plastic and the feet of its three legs are coated in rubber.
An early version of the seat, named LC1, was displayed at Newson's first exhibition Seating for Six at Sydney's Roslyn Oxley Gallery in 1986.
Over the next two years, he refined the form to create the Lockheed Lounge – named after an American aerospace company.
(https://www.dezeen.com/2015/04/29/marc-newson-lockheed-lounge-new-auction-record-design-object-phillips/)
Having already completed two riveted aluminium pieces, Marc felt compelled to revisit his LC1 lounge of 1986 with the hopes of coming closer to his original goal for that piece. He wanted to address two issues, the first being that the LC1 felt “too derivative and postmodern” and the second being that the form was not as ambiguous or as fluid as he had intended.
To achieve the level of precision and perfection he intended for the piece, Marc used thin sheets of pure aluminum, which was more malleable than an alloy. Rather than use sandbags for hammering out nonspecific shapes, he made additional molds of fiberglass from the Lockheed’s form purely for hammering the aluminum panels. This helped to achieve the precise contours, but to assemble the panels together on the lounge, each had to be individually cut and filed to fit. For this reason, each Lockheed in the edition is unique, taking up to six months to produce.
The prototype differs slightly from rest of edition in the finishing of the feet, which have fiberglass showing where aluminum stops; the pieces in the edition have rubberised paint covering the feet.
Edition of 10 + 4 artist’s proofs (black feet) + 1 prototype (white feet).
(http://marc-newson.com/lockheed-lounge/)
Described by the artist (Marc Newson) as a "Giant blog of Mercury", this airplane-style piece of interior art is considered the most expensive in the world. It is called the Lockheed Lounge 1986.
This is like the Mona Lisa of chairs, it is very well known publicly and is worth millions.
After it sold on the open market for just over $2.4 US Million dollars, it became known as one of the most expensive interior designs.
Marc Newson, the artist, has spent "a couple of miserable months" hammering out the form in aluminum. The chair was completed in his Sydney studio in 1986.
(http://iliketowastemytime.com/most-expensive-lounge-chair-world)