Pop artist Jeff Koons has broken the world record as his sculpture brought $58,405,000 at a Christie’s New York auction Tuesday night.
It is one in a series of five, with other colors in the series -- yellow, blue, magenta and red.
The 12-feet tall sculpture made of stainless steel was expected to sell for between $35 and $55 million. The combination of a balloon and a puppy just has to make you smile.
The description of the work in the Christie's catalogue calls it "one of the most recognizable images in today's canon of art history," and "the most beloved of all contemporary sculptures." What is its significance? It evolved "from Koons's desire to re-create the ecstatic experiences of a child's enjoyment of the world with universal signifiers," the entry reads. Source
Any work of art, or anything else in the world, is worth what someone is willing to pay for it. Is Balloon Dog (Orange) worth over $58 million?