Koons ‘Balloon Dog’ Expected To Fetch $55 Million

Jeff Koons, the famous American artist, is to sell one of his five “balloon dogs” at auction in NYC on November 12.

Koons is best known for his reproductions of banal objects, like the “balloon dogs” which are made of stainless steel and reach about 12 feet tall.

His most successful piece, named tulips, was purchased for over $33.5 million at Christie’s last November. Critics are very divided though in their opinions of Koons and his work. Some regard his art form as pioneering and brave, while others deem it to be crass and focused on self-merchandising.

Whatever your opinion, there is no doubt that the “balloon dog” will fetch a tidy sum at auction later this year and with pre-sale estimates of $35-55 million, it’s anyone’s guess how much the piece will be purchased for.

Koons is specifically selling the orange dog, from the series of five, in order to raise funds for his Brant Foundation Art Study Center in Greenwich.

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If you are interested in Koons’ “balloon dog” and want to see more of his unique creations, there is an exhibition of his work at the Museum of Contemporary Art in Los Angeles, early next year. It will then move to the Whitney Museum of American Art in New York in June.