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Storage depot fire damages Deutsches Museum collection

Plus: Location confirmed for Jeff Koons Bouquet of Tulips in Paris and sale of shredded Banksy work confirmed

12 October 2018

Our daily round-up of news from the art world

Storage depot fire damages Deutsches Museum collection | The Art Newspaper reports that a fire, which broke out on Wednesday evening at a storage depot of the Munich-based Deutsches Museumhas caused considerable damage to the contents of the warehouse, located in Ingolstadt, north of Munich. Some 8,000 artefacts are stored in the technology museum’s depot, including vehicles, medical equipment, computers, textiles and the microscope of Nobel Prize winner of chemist Manfred Eigen. 

Location confirmed for Jeff Koons Bouquet of Tulips in Paris | Jeff Koons’s 10-metre high sculpture, Bouquet of Tulips (2016), will be situated in the gardens of the Petit Palais in Paris, it was announced this morning by the French deputy mayor for culture, Christophe Girard. The offering from Koons – intended to be a monument of remembrance to the victims of the terrorist attacks between 2014-2015 – was originally planned to be situated in the Place de Tokyo, but the proposal was received with considerable controversy. The date for the work’s installation is yet to be confirmed.

Sale of shredded Banksy work confirmed | The Guardian reports that the buyer of the Banksy work, Girl with Balloon (2006), which was partially shredded after being sold for £1.4m at Sotheby’s last Friday, is going ahead with the purchase. Last Friday, the work self-destructed as soon bidding ended at the auction house’s evening sale, with the artist later confirming that he had installed a shredder inside of the frame. Banksy – who has confirmed that a shredder was intentionally installed inside the frame – has given the work a new name: Love Is in the Bin (2018), certified by Pest Control, the artist’s authentication body. The unnamed European buyer said of her decision: ‘gradually I began to realise that I would end up with my own piece of art history’. 

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