Marc Newson Lockheed chair to make up to $2m?

A Mark Newson Lockheed Lounge chair will headline the Masterworks of Design sale at Christie's New York on December 17.

It's valued at $1.5m-2m.

Newton chair Lockheed
The Lockheed Lounge chair is one of only 15 in the world

The piece is one of the most distinctive chairs of the 20th century by one of its most important designers.

Only 15 specimens exist, including one artist's proof.

Newson is best known for his work for companies ranging from Ford to Tefal. Most recently he has joined Apple and is behind the design for the Apple Watch.   

Christie's comments: "The present example, numbered '4', was only the fourth of the Lockheeds to have been produced, being the third to have been crafted by Basecraft - the first example having been hand-built by Newson.

"This example can be anchored to the specific moment - 1990 - when Newson's appeal began, swiftly, to engage with an international stage.

"An early supporter, Teruo Kurosaki, owner of the IDEE store in Tokyo, arranged for Newson - by now himself resident in Tokyo - to exhibit a collection of recent furniture designs, including this Lockheed, in his store in an exhibition entitled 'Fresh Produce by Marc Newson', 1990."

In April this year a Lockheed Lounge chair sold for £2.4m ($3.7m) at Christie's London, setting a new auction record for the work of a living designer.

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