Tuesday, September 16, 2008

And the verdict is...

A huge success for Hirst and Sotheby's - on the same two days in which we witnessed the horrifying plummet of the US financial markets and collapse of some of our largest investment institutions, the world's highest paid living artist broke auction records for the sale of his work, as reported in Artinfo.com, a net of $200 million dollars. Unbelievable!! And what a precedent he has set, for himself, his gallery, and other single-artist auction sales to follow, as well as a reassurance to all that the art market is still strong and standing.

Now, our eyes turn to the major New York sales coming up later this Fall:

November 11, Contemporary evening sale, Sotheby's
November 12, Contemporary day sale, Sotheby's

November 12, Post-War & Contemporary evening sale, Christie's
November 13, Post-War & Contemporary morning and afternoon sales, Christie's

Stay tuned...

Damien Hirst, Psalm 31: In Te, Domine, Speravi, 2008

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