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Jeff Koons' 'Rabbit' could fetch $70 million at upcoming Christie's auction
Koons' "Rabbit" features a three-foot-high stainless-steel bunny, and is offered at Christie's as part of the art collection of the late S.I. Newhouse, who co-owned the media company Condé Nast.
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US artist Jeff Koons poses during an interview with AFP in Hong Kong in March 2018. (AFP/Anthony Wallace)
T
he 1986 sculpture is one of the highlights of the Post-War and Contemporary Art evening sale, held on May 15 at Christie's New York.
Koons' "Rabbit" features a three-foot-high stainless-steel bunny, holding a carrot to its mouth. The iconic sculpture is offered at Christie's as part of the art collection of the late S.I. Newhouse, who co-owned the media company Condé Nast.
It is estimated to fetch between $50 and $70 million -- potentially breaking Koons' auction record, set in 2013 at $58.4 million for "Balloon Dog (Orange)".
According to Alex Rotter, the chairman of the Post-War and Contemporary Art department at Christie's, the release of "Rabbit" "would not only shake the art world to its core, but alter the course of popular culture as we now know it."
"For me, 'Rabbit' is the anti-'David,' which signaled the death of traditional sculpture -- disrupting the medium in the same way that Jackson Pollock's 'Number 31' permanently redefined the notion of painting," he added.
Read also: Paris finds spot for controversial Jeff Koons tribute
"Rabbit" was first shown in 1986 at Sonnabend Gallery, as part of the four-artist "New-Geo" exhibition. In a review of the show, New York Times' art critic Roberta Smith praised Koons, citing "Rabbit" as "a dazzling update on Brancusi's perfect forms."
Over the past three decades, the sculpture has become an icon of contemporary art -- starring in major museum exhibitions at the Centre Pompidou in Paris and Tate Modern in London, among others. A monumental blow-up version of the artwork was even featured in Macy's 2007 Thanksgiving Day Parade.
"Rabbit" will be auctioned on May 15 at Christie's New York in the Post-War and Contemporary Art evening sale, along with 11 other artworks. Other highlights of the sale include Andy Warhol's "Double Elvis [Ferus Type] estimated between $50 and $70 million; Paul Cézanne's "Bouilloire et Fruits" estimated at $40 million; and Vincent van Gogh's "Arbres dans le jardin de l'asile" estimated at $25 million.
Additional information about the auction can be found on Christie's official website.
