Marc Newson's 'Lockheed Lounge' Prototype Sells for $2.1 Million at Phillips

Remember a few years ago, when you could pick up a Lockheed Lounge for under a million? The 1988 prototype for Marc Newson‘s swooping wonder of riveted sheet aluminum went on the block yesterday evening at Phillips de Pury & Company and sold for a whopping $2,098,500 (all prices include fees paid to Phillips), zooming past its estimate of $1.0 million to $1.5 million. The work is one of 15 Lockheed Lounges handcrafted by Newson, who followed this prototype with four artist’s proofs and an edition of ten.