Christie’s New York is set to auction off one of Jeff Koons’ most famous artworks as part of its forthcoming Post War and Contemporary Art Evening Sale next month. Created nearly three decades ago, Koons’ mirror-like Rabbit sculpture stands three feet tall and was made using the artist’s signature stainless steel material. The piece was first shown at New York City’s Ileana Sonnabend Gallery back in 1986.

“Few works of art of its generation can have the same instant recognisability: it has been on the cover of books, exhibition catalogs, and magazines. A monumental blow-up version even featured in the 2007 Macy’s Thanksgiving Day Parade,” said Christie’s in a statement.

The Rabbit is number two from an edition of only three plus one artist’s proof. Christie’s set a sale estimate of $50,000,000-$70,000,000 USD with the auction to be held this May 15 at the dealer’s New York location. Stay tuned for auction results.