A groundbreaking sale has shattered records at Sotheby's auction house, where François-Xavier Lalanne's 'Hippopotame Bar' – a showstopping masterpiece commissioned by one of his earliest patrons in 1976 – fetched an astonishing $31.4 million, shattering all previous estimates.
Commissioned for Schlumberger, a renowned designer and collector, the unique piece was designed to be both functional and whimsical, with intricate details that reflect Lalanne's mastery of technical artistry. The copper, maillechort, stainless steel, brass, and painted wood masterpiece boasts hidden compartments – including a revolving bottle rack, ice bucket, hors-d'oeuvre tray, and glassware storage – that underscore the artist's ingenuity.
This sale marks not only a triumph for Lalanne but also an unprecedented milestone in his market value. His work now reigns supreme among auction records, confirming his position as one of the most sought-after designers globally. Moreover, this achievement reflects the surging global demand for functional art, underscoring its status as an emerging trend.
Lalanne's 'Hippopotame Bar' sale also serves as a harbinger for a thriving design and decorative arts category that has defied market trends. In 2025, sales in this segment have grown by 20.4% to $172 million, whereas other categories – postwar and contemporary art, impressionist and modern art, and luxury – have seen decline rates ranging from 19.3% to 7.7%.
This success can be attributed to the remarkable international appeal of Lalanne's work, as demonstrated by sales from his recent £73 million Pauline Karpidas collection in London, where several pieces achieved multiples of up to 15 times their estimates. The 'Hippopotame Bar' sale now reorders Lalanne's top-selling works at auction, solidifying the artist's reputation for excellence.
With this monumental result, Lalanne cements his position as a leader among designers whose work transcends mere aesthetics and showcases exceptional craftsmanship.
Commissioned for Schlumberger, a renowned designer and collector, the unique piece was designed to be both functional and whimsical, with intricate details that reflect Lalanne's mastery of technical artistry. The copper, maillechort, stainless steel, brass, and painted wood masterpiece boasts hidden compartments – including a revolving bottle rack, ice bucket, hors-d'oeuvre tray, and glassware storage – that underscore the artist's ingenuity.
This sale marks not only a triumph for Lalanne but also an unprecedented milestone in his market value. His work now reigns supreme among auction records, confirming his position as one of the most sought-after designers globally. Moreover, this achievement reflects the surging global demand for functional art, underscoring its status as an emerging trend.
Lalanne's 'Hippopotame Bar' sale also serves as a harbinger for a thriving design and decorative arts category that has defied market trends. In 2025, sales in this segment have grown by 20.4% to $172 million, whereas other categories – postwar and contemporary art, impressionist and modern art, and luxury – have seen decline rates ranging from 19.3% to 7.7%.
This success can be attributed to the remarkable international appeal of Lalanne's work, as demonstrated by sales from his recent £73 million Pauline Karpidas collection in London, where several pieces achieved multiples of up to 15 times their estimates. The 'Hippopotame Bar' sale now reorders Lalanne's top-selling works at auction, solidifying the artist's reputation for excellence.
With this monumental result, Lalanne cements his position as a leader among designers whose work transcends mere aesthetics and showcases exceptional craftsmanship.