Meet "the next 'Spoonbridge and Cherry,'" a giant No. 2 pencil

• The sculpture, to be unveiled June 4, will be painted traditional yellow with a pink eraser and slightly tilted to stand out from the straight lines of the house.

Why?!: "A No. 2 pencil is something everyone can identify with," Ingvoldstad told Axios Friday at the site of his creation. "We believe it could be more popular than 'Spoonbridge and Cherry' — there is room for a next generation iconic art piece."

The intrigue: John Higgins, the homeowner who owns the land where the tree is located, came up with the sculpture idea, and brought Ingvoldstad in last year after a previous sculptor dropped out, Ingvoldstad said.

• No neighbors have complained, he added, though the house it shares a yard with is for sale.
• Higgins didn't immediately respond to Axios' request for comment.

What's next: The pencil will be sharpened every year for 10 years. David Rees, a "professional pencil sharpener," will conduct the inaugural sharpening.

• "His presence and expertise will validate this object as a real pencil, and not merely a sculpture of one," the official site for "Loti Pencil" reads.