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November 12, 2013

Jeff Koons' Balloon Dog sells for $58,405,000.

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Jeff Koons' Balloon Dog (Orange) was the highlight of Christie’s Post-War and Contemporary Art Evening Sale on November 12. "The stage is set to make history," wrote the auction house, and they did not disappoint. Estimated to go for $35,000,000-$55,000,000, the hammer price was $58,405,000. Proceeds from the sale will be used to help fund future activities of The Brant Foundation Art Study Center. Now the question is: Who bought it?

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