Koons’ Balloon Dog, one of a series of five made by the famed artist Jeff Koons, will go on the auction block in NYC in November. The auction of the orange Balloon Dog is being handled by Christie’s and expected to bring in between $35 to $55 million, according to ABC News on Sept. 6.
The 12-foot tall stainless steel sculpture is in the shape of a kid’s twisted party balloon dog. The owner is newsprint magnet Peter Brant, who is selling the Balloon Dog sculpture to raise money for his Brant Foundation Art Study Center in Greenwich, Connecticut.
Koons’ sculptures demand big money today. At auction last year his “Tulips” sold for $33.6 million, which was a record price for a Koons’ piece of art. The Balloon Dog series has five of the stainless steel sculptures in different metallic colors.
A Jeff Koons retrospective will open in January in the Museum of Contemporary Art in Los Angeles. The same exhibit will travel to New York and open in the Whitney Museum of American Art in June.