a work of digital art
It looks like Sotheby's and Christie's will soon need to expand their auctioning empire into the digital realm. Artist Michael Green recreated the famous Balloon Dog by Jeff Koons - only digitally. Since Koons received a record-breaking $58.4 million for his masterpiece, Green felt that he'd might be able to accomplish a similar feat by selling his "Balloon Dog Deflated" animated gif on eBay for $5,800. Not sure what digital art is worth these days, but Green seems to justify himself in his very lengthy explanation on eBay. Ruling: $5,800 for a gif is ridiculous.