Jeff Koons' 'Rabbit' Sculpture Expected to Fetch up to $70m at Auction

By Paul Joseph

A 3ft high stainless steel sculpture by the iconic American artist Jeff Koons is set to go under the hammer at a Christie's auction in mid-May.

First conceptualised by Koons 33 years ago, the distinctively faceless stainless steel stature has been hosted by several celebrated museums down the years.

Among them were the Guggenheim Museum Bilbao in Spain, the Centre Pompidou in Paris,Tate Modern in London and The Museum of Contemporary Art in Chicago.

The “Rabbit” will be part of a collection featuring 11 major works, including Paul Cézanne’s Bouilloire et fruits (1888-90), estimated at $40 million, and Andy Warhol’s Little Electric Chair, (1964-65), estimated at $7 million.

Art lovers will have the chance to bid for such pieces, and more, over two nights during Christie’s “20th Century Week” in New York in May, first with an Impressionist and modern evening sale on 13 May and later with a post-war and contemporary evening sale on 15 May.

Jeff Koons is known for working with popular culture subjects and his reproductions of banal objects, such as balloon animals produced in stainless steel with mirror-finish surfaces. 

By Paul Joseph