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Jeff Koons' Monumental Balloon Flower (Blue) to Highlight November 2010 Evening Sale
Jeff Koons, Balloon Flower (Blue), 1995- 2000. High cromium stainless steel, mirrored polish finish with transparent color coating, 133 7/8x 112 1/4x 102 3/8in (340 x 285 x 260 cm.) Estimate: $12,000,000- 16,000,000. Photo: Christie’s Images Ltd 2010.


NEW YORK, NY.- Jeff Koons’ magnificent Balloon Flower (Blue) will highlight Christie’s New York’s November 2010 Post-War and Contemporary Evening Sale. The work, executed from 1995-2000 is estimated from $12,000,000 to $16,000,000. Balloon Flower (Blue) is one of Koons’ most important outdoor sculptures and belongs to his acclaimed and beloved Celebration series, which has contributed to the artist’s global status and taken his market to the highest level at auction. In July 2008 Koons’ Balloon Flower (Magenta), 1995-2000, another unique version of this sculpture, broke a world record for the artist at auction, selling at Christie’s London for $25,752,051. There are only five Balloon Flowers in existence, each a different color.

Koons’ Celebration series is inspired by the trappings of holidays, birthdays and other special occasions. Koons rendered these works with brilliant reflective surfaces and vibrant colors that suggest a perpetual cycle of happiness and optimism. Other large-scale sculptures in the Celebration series include hanging hearts, diamonds and balloon dogs.

Images of flowers have played an especially important role in Koons’ work over the course of his career. Balloon Flower, for Koons, specifically commemorates the springtime when blossoms begin to grow, and the optimism that accompanies that moment of the year. As Koons once stated, “I have always enjoyed flowers. Since taking art lessons as a child, I have had flowers in my work. I always like the sense that a flower just displays itself. The viewer always finds grace in a flower. Flowers are a symbol that life goes forward.”

A highlight of the Daimler Art Collection, Balloon Flower (Blue), was acquired directly from the artist and has for many years graced Berlin’s famous Potsdamer Platz. Its monumental curves, with their idiosyncratic reflections of the surrounding cityscape, made it a notable landmark of contemporary art in the city.

The Daimler Art Collection is part of the automobile company Daimler AG, and was founded over 30 years ago. It comprises almost 2,000 works by over 700 international artists, and has a long established exhibition and global education program. A selection of the collection has been traveling throughout the world and has been on display in major international museums in Germany, Austria, Spain, the United States, South Africa, Japan, Brazil and Argentina, where it has attracted over 500,000 visitors and nearly 50,000 students for its education program. Approximately 30 works of museum quality are acquired each year by the Collection. The proceeds from the sale of Balloon Flower (Blue) will be used to develop the Daimler Art Collection’s commitment to art and securing its long term future.

“It is an honor to be entrusted with the sale of this magnificent sculpture for such a worthy institution as The Daimler Art Collection.” says Brett Gorvy, International Co-head of Contemporary Art and Deputy Chairman, Americas. “Balloon Flower (Blue) is one of the most important sculptures by Jeff Koons and it has long been a beloved landmark in Berlin. We look forward to showcasing it for the first time in America in Rockefeller Plaza, where its beauty and perfection will delight the public and make it the most talked about object for sale this season.”






Today's News

October 13, 2010

Landmark Exhibition "Venice: Canaletto and His 18th-Century Rivals" at the National Gallery

Exhibition of New Installations, Light Works, Sculptures and Prints by James Turrell at Gagosian

LACMA Debuts World.Class European Costume Acquisition with Fashioning Fashion

North Sea Paintings by Distinguished Artist John Virtue on View at Marlborough Fine Art

National Gallery in London Invites Contemporary Artist Clive Head to Display His Work

New and Key Past Works in First Show by Marina Abramović on View at Lisson Gallery

Important Photographic Archive Acquired for Birmingham Central Library

Personal Collection of Elton John's Mother Sheila Farebrother Offered to Music Fans Around the Globe

Sotheby’s Announces the Inaugural Sale of Important Russian Art in New York

Navy Birthplace in Dispute; Five Communities Claim to Be the Navy's Birthplace

Thomas Moran's Early Landscape of Juniata Valley, Pa, is Acquired by National Gallery of Art

Galerie St. Etienne Shows Works by Max Beckmann's Student, Marie-Louise Motesiczky

Norman Dilworth's First Solo Show in Britain in Almost 30 Years Opens at Laurent Delaye

Ex-Getty Curator Trafficking Trial Ends in Italy

Sotheby's Launches App for iPhone and iPad

Fondation Cartier Opens First Major Exhibition in Paris Devoted to the Work of Jean Giraud

Jeff Koons' Monumental Balloon Flower (Blue) to Highlight November 2010 Evening Sale

Philbrook Museum of Art and Vitra Design Museum Announce Long-Term Partnership

Sotheby's Autumn Sales of Impressionist & Modern Art To Be Held in New York

Bob and Roberta Smith and Mark Titchner Create Artworks for Campaign Against Cuts

Demi Moore to Sell Two 19th Century Paintings at Sotheby's in New York City

Noel Barrett Presents the Old Salem Toy Museum and Thomas A. Gray Antique Toy Collection

Tragic Silver Snatched by Nazis for Sale at Bonhams, Rare Surviving Piece from Fabled Collection

Te Papa Museum Explains Why It Suggested Pregnant and Menstruating Women Not Visit Exhibition

First Retrospective Dedicated to the Work of Nancy Spero in France at Centre Pompidou

Egypt Court Jails 11 for Gross Negligence and Incompetence in the Theft of a Van Gogh Painting

Historic BMW Cars Make World Record Prices in Bonhams First Dubai Sale of Collectors Motor Cars

First United Kingdom Solo Exhibition by Mark Bradford at White Cube Hoxton Square

Stuart Shave/Modern Art Presents a Solo Exhibition of New Work by Bojan Šarĉević

"Peak": An Exhibition of New Works by New York's Tony Oursler at Lehmann Maupin

Smithsonian Latino Center Opens "Southern Identity: Contemporary Argentine Art"

Gerhard Richter's "Zwei Kerzen" to Be Offered at Auction for the First Time in November

Laurie Anderson is Both Curator and Performer at the Upcoming American Academy in Rome "Cabaret"

Papal Gift Goes on Display at the Palace of Holyroodhouse

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