Bloomberg- A sculpture by Jeff Koons, whose collectors include billionaire Eli Broad and hedge-fund manager David Ganek, will be sold at a November contemporary art sale in New York at Christie’sInternational.<\/p>\n
Koons’s “Blue Diamond” from 2005, made of shiny stainless steel seven-feet wide, is one of a series of differently tinted sculptures produced by the U.S. artist, the auction house said in a statement. The price estimate and the seller’s name weren’t disclosed.<\/p>\n
The valuation is about $12 million, said the New York Times. The owner may be publisher Benedikt Taschen, the newspaper said, citing people familiar with Koons’s work whom it didn’t identify.<\/p>\n
Koons’s pink diamond was on show last year in the garden of London’s Victoria and Albert Museum, on loan from Ganek’s collection. A green diamond was sold in 2006 by Gagosian gallery at Switzerland’s Art Basel fair. California collector Broad paid about $3.5 million for one of Koons’s “Cracked Egg” sculptures in the same year.<\/p>\n