3 Apr 2011

Sculpture of giant teddy bear to be sold at auction

10:01 am on 3 April 2011

Christie's says a giant yellow teddy bear is to be sold at auction in New York in May.

The bronze structure of a bear slumped under a black bedside lamp will be on display for five months in Manhattan from next week.

Weighing 15.8 tonnes, the sculpture, Untitled (Lamp/Bear) is the work of New York-based Swiss artist Urs Fischer. It was one of three created in 2005/06.

Christie's says its owner has already turned down a private offer of $US9 million.