The work has become the most expensive printed book in the world
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Sunday 31 August 2008
On 15 September Damien Hirst has a surprise in store for the art world and perhaps also for himself. At the New Bond Street Sotheby's he will mount an audacious two-day auction, entitled Beautiful Inside My Head Forever, of 223 artworks, made by himself and to be sold by himself. This is a money-spinning feat by a living artist on a scale never attempted by an auction house or an art gallery. For this reason alone there are mutters along Bond Street that Hirst's sale will be the moment that his bubble bursts.
Tuesday 29 July 2008
New works by Damien Hirst, including a sheep with a golden horn and a zebra in formaldehyde, are expected to fetch £65m when they go under the hammer at Sotheby's in September.
Sunday 13 July 2008
Wednesday 02 July 2008
A painting which hung in U2's recording studio in Dublin has been sold at auction for more than £5m, 19 years after it first caught the eye of the rock group's bass player, Adam Clayton, in a New York gallery.
Friday 20 June 2008
A calf in formaldehyde with gold-plated horns and hooves leads a collection of previously unseen work by Damien Hirst that will be auctioned off this summer in a move that could revolutionise the sale of contemporary art.
Monday 16 June 2008
Sunday 15 June 2008
Friday 13 June 2008
A diamond-encrusted military decoration once worn by Russian tsars and their families sold yesterday for a record £2.7m to a private Russian collector.
Tuesday 20 May 2008
André Breton, the apostle of surrealism, would probably have been amused rather than annoyed. Art historians and critics are puzzled and angry.
Tuesday 15 April 2008
The most important Francis Bacon triptych to remain in private hands looks set to smash all records for the artist when it goes on sale at Sotheby's in New York for an estimated £35m.
Wednesday 09 April 2008
Sotheby's has withdrawn a rare 18th-century steel armour plate from public sale after protesters claimed it was a religious relic which may have been owned by one of Sikhism's holiest figures, Guru Gobind Singh.
Friday 04 April 2008
Abraham Lincoln's heartfelt letter to youngsters who asked him to free America's "little slave children" has been sold at auction for $3.4m (£1.7m).
Friday 28 March 2008
How did a Damien Hirst shark ever come to be "worth" $12m, or a Jackson Pollock drip painting $140m? This enthralling, revelation-rich trip through the "money game" of the art market brings an economist's eye and a dry, sceptical wit to its absurdities. The secret, for Thompson, lies in the alchemy of modern branding for artists like Hirst, collectors like Saatchi, auctioneers like Sotheby's, galleries like Gagosian. The jaw drops and the head spins as this figure-packed expos shows, from Bacon to Warhol and Koons, how celebrity and marketing mated to breed hyper-inflation of prices and names. And it proves (with statistics) why art is a lousy investment.
Thursday 13 March 2008
Thursday 13 March 2008
When rock stars reach the top of their game, they are prone to making extravagant purchases. And when they've come back down to earth, there's a place for them to dispose of the swag – art auctions. Next week, The Quest for the Holy Grail: the Achievement, a tapestry by Pre-Raphaelite artist Edward Burne-Jones, will go under the hammer at Sotheby's. The masterpiece is expected to fetch £1m and its vendor is none other than Jimmy Page, guitarist in the recently reformed Led Zeppelin.
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