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Nov 13, 2013 · 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.
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Jeff Koons’ 12 foot sculpture "Balloon Dog" has broken records to become the most expensive piece of art by a living artist sold at auction. The giant stainless steel sculpture sold for $58.4 million (£36.8m) at an auction at Christie’s in New York last night.
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