Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 34 n° 316

Jeff Koons’ Balloon Monkey (Magenta) Presented by Victor and Olena Pinchuk Will Raise Funds for Humanitarian Aid for Ukraine

Posted by fidest press agency su giovedì, 9 giugno 2022

LONDON AND PARIS – On 28 June 2022, Jeff Koons’ seminal sculpture Balloon Monkey (Magenta) (2006-13, estimate: £6,000,000-10,000,000) will be presented for sale at Christie’s by Victor and Olena Pinchuk to raise vital funds for humanitarian aid for Ukraine. In particular, the proceeds will be used to assist soldiers and civilians gravely wounded by war who urgently require prosthetics, medical treatment and rehabilitation to recover as much quality of life as possible*. Representing childhood innocence and joy for both children and adults alike, Balloon Monkey (Magenta) stands as a monumental symbol of hope and solidarity with those men, women and children living in war-torn Ukraine who have suffered terrible loss.A significant highlight of Christie’s 20th / 21st Century: London Evening Sale, the work demonstrates the power of art to unify and rally support for the defence of freedom and life in urgent times. The sculpture will be exhibited in St James’ Square, adjacent to Christie’s Headquarters in London, inviting audiences across the capital to come together for a moment of contemplation from 14 June to 3 July 2022.Balloon Monkey (Magenta) is a masterpiece of paradoxical power, its contradictions oscillating between mind-bending complexity and total simplicity; seriousness and play; pop culture and our deepest, most primal structures of myth and belief. It is an object free of irony, created with near-unimaginable dedication, and presented as an expression of trust, openness, sincerity and love. For Koons, Balloon Monkey (Magenta) is a profound and buoyant affirmation that art is not only what we see, but what happens inside us.In 2008, Koons’ sculpture Balloon Flower (Magenta) was similarly installed in St James’s Square. Much admired in its garden setting in central London, the artwork set a record at the time for Jeff Koons, realising $25.7 million. In November 2014, Balloon Monkey (Orange), from the same series as the present lot, achieved a price of $25.9 million. Balloon Monkey (Magenta) is the artist’s proof and one of five unique versions (Red, Magenta, Blue, Yellow, Orange).

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