Price in US $ - 110 million
Flag is an encaustic painting (also known as hot wax painting) by Jasper Johns. Created when Johns was 24 (1954–55), it is arguably the painting for which Johns is best known. His work is often described as Neo-Dadaist and anticipates aspects of pop art, minimal art, and conceptual art.
Critics were unsure whether it was a painted flag or a painting of a flag; Johns later said it was both. Such a painting is surely art - or is it? That is a problem for the viewer, alone. Johns is gone; he has already made the painting, he has already presented the problem. The viewer is left to resolve it as best he can.