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December 2, 2008 10:26:00 PM CST


Damien Hirst

Damien Hirst news stories

10 Stories

 Hirst: Art Is Overpriced 

Multimillionaire artist says economic woes will likely bring (his) prices down

(Newser) - With the economic slowdown finally slamming into the art market, one of the world’s priciest living artists says art has become too costly anyway, the Independent reports. British multimillionaire Damien Hirst failed to sell a painting valued at some $3 million last week; in retrospect, he said, it “was overpriced,” adding that, “in a way it’s good. We are looking at more realistic prices.” More »

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 Hirst Auction Yields $199M 

Dealer-less London sale smashes records

(Newser) - Damien Hirst sold 223 pieces of artwork for $199 million by the end of a two-day auction yesterday, shattering the record for most revenue in an auction of a single artist’s work, Forbes reports. The previous mark was held by Pablo Picasso, with 88 sold for $20 million in 1993. Hirst himself set a target of $116 million. More »

More about:  credit crisis art market art auction sales Damien Hirst Pablo Picasso

 As Stocks Slide, Hirst 
 Auction Breaks Records 

Unprecedented one-man auction exceeds high estimate

(Newser) - Damien Hirst won the biggest gamble of his career at Sotheby's last night—as lot after lot of the artist's work beat high estimates, totaling $127.2 million in sales. While the markets tumbled in New York, bidders in the London saleroom bought up dozens of brand-new Hirsts, from taxidermied animals to abstract paintings, in an auction that could have far-reaching implications for the art world. More »

More about:  London art art market Sotheby's art auction Damien Hirst

 Hirst Heads to $120M Payday 

Art's bad boy prepares to move in a new direction

(Newser) - Damien Hirst is preparing for the biggest sale of his life—and for one of the richest artists alive, that’s saying something. Sotheby’s is about to auction 223 pieces straight out of his studio, for an anticipated take of $120 million. It marks an unprecedented end run around galleries and dealers, but it could also represent a major shift for Hirst, Richard Lacayo reports in Time —"a terminus, a house-cleaning by a man overtaken by his own success." More »

More about:  art contemporary art Damien Hirst

GLOSSIES

What's With all the Skulls?

Ancient death symbol becomes a favorite modern fashion accessory

(Newser) - Heavy metal and Halloween, make room for haute couture. “What used to be a symbol for borderline-sociopathic tough guys with weird design fetishes—Hells Angels, pirates, Nazis—has become a trope de luxe,” writes Stephen Marche in Esquire . The skull, a symbol of death with deep religious significance, “has suddenly become hypermodern, totally in and of the moment.” More »

More about:  fashion pop culture Indiana Jones Esquire Damien Hirst skull pop art

 Hirst Goes Straight to Auction 

Artist eschews galleries and sells new work at Sotheby's

(Newser) - In recent years, art collectors and auction houses have been reaping the profits of soaring contemporary art prices, while living artists watched with chagrin. Now Damien Hirst has stepped into the fray, bypassing the gallery system and bringing his latest works straight to auction. "It’s a very democratic way to sell art," says Hirst, "and it feels like a natural evolution for contemporary art." More »

More about:  art Sotheby's art auction Damien Hirst gallery

Hirst Sculpture Springs a Leak

Oslo museum discovers puddle of formaldehyde from vitrine

(Newser) - Damien Hirst won fame and fortune for his installations of animals preserved in formaldehyde, but now, writes the Telegraph , his vitrines are in less-than-perfect shape. The Astrup Fearnley Museum in Oslo recently discovered liquid seeping out of sculpture Mother and Child Divided , which preserves a cow and calf sliced into segments. It's not the first Hirst to have integrity problems. More »

More about:  art Damien Hirst Oslo

London Art Sales Soar

Bacon tops Sotheby's contemporary auctions; London shows new art-market clout

(Newser) - Francis Bacon took top honors and Damien Hirst became the highest-priced living artist—beating out Jasper Johns—at Sotheby's contemporary auctions in London last week. A 1971 Bacon self-portrait went for $43.2 million, and the Hirst pill cabinet called "Lullaby Spring" for $19.4 million. "Hirst is the Google of the art world,''  a New York dealer told Bloomberg. More »

More about:  London art auction art market Sotheby's Damien Hirst Francis Bacon

Diamonds
Are a Skull's Best Friend

Platinum cast +
8,601 jewels =
$100M price tag

(Newser) - The priciest work of modern art ever created is on view at a London gallery, priced at just $100 million. Death-obsessed artist Damien Hirst cast a human skull in platinum and encrusted it with diamonds, creating a piece he calls "For the Love of God." He kept the original teeth, he tells Bloomberg, as "a reminder that it's real." More »

More about:  art Damien Hirst diamond modern art skull

Rothko Fetches $73 Million

Record price for seminal modern work marks trend in art purchases

(Newser) - Sotheby’s sold a Mark Rothko painting last night for $72.84 million, a record price for a piece of art created after World War II and a signal of a new boom in the market. Seller David Rockefeller bought the 7-foot-tall "White Center (Yellow, Pink and Lavender)," an early example of the painter's signature blocks of color, for $8,500 in 1960. More »

More about:  art painting globalization art market Sotheby's Christie's contemporary art Damien Hirst Andy Warhol Mark Rothko Jasper Johns

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