$300,000 Mirror-Polished Stainless Steel Sofa by Ron Arad

Lately, a change of taste is being witnessed in the likings of the filthy-rich or those belonging to elite section of society. Against their routine thought of exhibiting their riches over walls by hanging valuable art, now they wish to sit on it. And boosting high this spirit stands the Russian oligarch and Chelsea football club owner Roman Abramovich. Respecting this new art discipline, they seem to have lost their heart to a creation of something christened as “functional sculpture”. Designed and developed by architects and artists, the demand for this furniture item can well be calculated during its inviting visibility at the first auction dedicated exclusively to modern design scheduled at Christie’s this autumn.

The auction at Christie’s is expected to feature items like polyurethane table designed by the Iranian architect Zaha Hadid and highly polished steel sofa by the British-born Israeli designer Ron Arad priced at £100,000 and £150,000 respectively. Word is around that Arad’s work will be displayed at the Museum of Modern Art in New York in 2009. Wishful buyers of this world’s priciest art creation include Brad Pitt and Angelina Jolie.

Via Independent