Orange Balloon Dog Sculpture

On november 12 2013 koons s balloon dog orange sold at christie s post war and contemporary art evening sale in new york city for usd 58 4 million above its high usd 55 million estimate becoming the most expensive artwork by a living artist sold at auction for.

Orange balloon dog sculpture. Critics are sharply divided in their views of koons. His sculpture balloon dog orange fetched 58 405 000 at a christie s new york auction on tuesday night. Jeff koons balloon dog orange is considered the supreme example from the highly acclaimed celebration series of paintings and sculptures that koons instigated in the early 1990s. Some view his work as pioneering and of major art historical importance.

High end estimates suggested it might sell for as much as 55 million. 58 4 million for balloon dog orange in 2013 and 91 1 million for rabbit in 2019. The series evolved from his desire to recreate the ecstatic experiences of a child s enjoyment of the world through universal signifiers representing birthday parties and festive events. He examines what is at play in the exchange of vast amounts of money and what nudges buyers.

These playful sculptures are now among the most iconic works of contemporary art. His works have sold for substantial sums including at least two record auction prices for a work by a living artist. At christie s tuesday night balloon dog orange by jeff koons an american artist known for brightly colored reflective sculptures that resemble balloons was sold to an anonymous telephone bidder for 58 4 million surpassing initial 55 million estimates to become the most expensive work by a living artist sold at auction according to the new york times. His works have sold for substantial sums including at least one world record auction price for a work by a living artist.

In the orange balloon dog economist and bestselling author don thompson cites these and other fascinating examples to explore the sometimes baffling activities of the high end contemporary art market.