auctioned at Christies in November 2014 (for $25.9 million), to a market delirious with Koons' Whitney retrospective and the $58.4 million paid for a Balloon Dog the previous year.
The better-known Balloon Dog (1994-2000) was limited to an edition of five. As it sold out at escalating prices, Koons decided there are a lot more art-worthy species, creating (stainless steel) balloon swans, rabbits, and monkeys—each strictly limited to five copies.
Govan's LACMA has long been keen on Koons. A decade ago Koons and the museum announced a scheme to build a 161-foot-high sculpture of a chugging steam engine, Train, pitched as L.A.'s Eiffel Tower-to-be. It never got a critical mass of funders. In 2008 Eli Broad's Koons menagerie went on view at LACMA, only to be taken back a few years later to stock Broad's Grand Avenue museum. The Balloon Monkey again puts a public-scaled Koons on view at LACMA—hard to say for how long.