Jeff Koons with "Balloon Dog"

In this Thursday, May 29, 2008 file photo, artist Jeff Koons poses beside one of his works, "Balloon Dog," on display at Chicago's Museum of Contemporary Art. The more than 10-foot-high chromium stainless steel sculpture of a balloon-animal dog has an orange metallic coating and is part of an exhibit of about 60 other sculptures and paintings by Koons. 

Net artist Michael Green is selling what he says is the most expensive GIF of all time — and so far there aren't any takers.

The animation shows another artist's stainless steel "Balloon Dog" sculpture deflating. In Green's eBay sale listing for the GIF, he calls the creation "an ironic re-working of the 12-foot stainless steel sculpture" by Jeff Koons. Right now the price is listed on eBay at $5,800, but there is also a bidding option that starts at $2,000.

The original "Balloon Dog (Orange)" sold at Christie’s contemporary auction in November 2013 for $58.4 million, making it the most expensive art piece by a living artist to sell at auction. So, would an animated version of the balloon animal bring in a tiny fortune? The digital piece is potentially still art in someone's eyes.

The "Balloon Dog" GIF was likely "sculpted" by copying one image of the original art work several times, tweaking and blending each to ultimately yield the balloon piece collapsing in on itself.

Green said that his piece is a statement on a larger issue: The worth of digital art. He writes in the post that "it is once again time to destroy the values of the tradition of modern art and for our culture to evolve to the logical next step, the digital medium."

Green's eBay listing claims that the person who buys the GIF would be making a historic purchase. 

The posting says a USB stick containing the GIF will be shipped from Portland, Oregon, to the winner within 24 hours of the sale.

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