Monday, September 15, 2008

Damien Hirst takes home $127 million in first segment of auction today at Sotheby's


Photo copyright Tom Fecht

Amidst a great upheaval in the world's financial markets, Damien Hirst managed to take art marketing to the next level today at Sotheby's. Breaking new ground, Hirst avoided the gallery system all together and took his 223 works produced over the last two years straight to auction. One piece alone, a white bull preserved in formaldehyde, sold for $18.6 million dollars.
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