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Kate Moss's Golden Statue in a Yoga pose, cost £1.5million to make and was originally intended to fetch £10million. It sold for £577,000 in a Sotheby's auction

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Kate Moss's Golden Statue in a Yoga pose, cost £1.5million to make and was originally intended to fetch £10million. It sold for £577,000 in a Sotheby's auction




Kate Moss Golden statue once tipped to fetch £10m sells for just £577,000 at Sotheby’s (and it cost three times that to make…)




Marc Quinn intended his 18-carat gold statue of Kate Moss to question the notion of value that society places on objects and materials in light of the credit crunch.
He is unlikely to like the answer, as the work of art has just been sold for less than six per cent of its initial estimate. 

Quinn originally said of his yoga position sculpture, entitled 'Microcosmos (Siren)': 'With the financial crash at the minute. It is a really interesting time to do this. Why should gold be worth lots and steel not?'

It turns out that gold is not worth that much either when it in presented in the form of Kate Moss putting her feet behind her head. The statue sold for £577,250 at Sotheby's last week, a bit of a bargain for a piece that was once tipped to reach £10million.
That quote might have been a little ambitious, but Quinn cannot have expected to have to sell the statue at a loss. It cost him £1.5million to make the statue - of which £1million was just the price of the gold.

The piece is hollow, and at 50kg is understood to weigh the same as Moss herself. It is a variation of Quinn's 2006 piece Sphinx which featured Moss in the same pose but this time made of cast bronze, with a white-painted finish.
The model enjoyed posing for the artist and approved of the final result.
Quinn said: 'When I showed Kate the statue she told me she loved it.   
'She really liked the idea and she modelled for me for a day or so.'
But he added: 'She didn't pose for me like that.'


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