World's *ist: Marc Newson Lockheed Lounge on the Block for $2.4 Mil

Image: Design Museum

According to Core77, Christie's will be auctioning off designer Marc Newson's 1986 "Lockheed Lounge" chair for an estimated price of 2.4 million, making it the most expensive piece ever sold by a living designer. Fittingly, the airplane-inspired chair looks too uncomfortable to ever be sat on.

Once, in Tokyo, a friend prodded me into crashing a launch party for Newson's G-Star clothing line. I stood in the cramped area between reedy models, immaculately preened faux punks, and the usual assortment of hangers-on and proudly—defiantly—sweat on them all.

Industrial design gets expensive [Core77.com]