Arts and Entertainment The Bay Psalms Book sold for $14.2 million at a Sotheby's New York auction last night

The work has become the most expensive printed book in the world

D-day for Damien: Is Hirst about to turn the art market on its head or finally come a cropper?

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.

Hirst hopes to turn a £20,000 doodle into £2m

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.

£300m: Fashion king's art collection in sale of century

Auction houses go to war for the right to stage the biggest private-owner sale ever

U2's studio Basquiat sells for £5m

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.

Hirst hopes to revolutionise art market with 'Golden Calf'

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.

The Error World, By Simon Garfield

Confessions of a man with a serious addiction to gummy paper squares

Move over, Monet – the Germans are coming

After decades of dominating the art auction market in multimillion-pound sales, the Impressionists are now being challenged by German Expressionists

Russian buyer snaps up £2.7m decoration that was worn by the tsar

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.

Apostle of surrealism has last laugh over €1m auction

André Breton, the apostle of surrealism, would probably have been amused rather than annoyed. Art historians and critics are puzzled and angry.

Bacon's triptych expected to fetch £35m

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.

Sikh protests stop Sotheby's auction of 'religious relic'

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.

Lincoln letter expressing hope of an end to slavery sells for $3.4m

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).

Paperback: The $12 Million Stuffed Shark, by Don Thompson

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.

Recruitment: You need to use your head and a hammer

Can you command a room and get people to part with their money? Then try auctioneering, says Hazel Davies

Picture Post: Holy Lotta Art: Jimmy Page's tapestry

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.

News
election 2015
News
Fans take a selfie with Ed Miliband in Kempston, near Bedford, on Tuesday
election 2015
News
Missing: 'Mail' columnist Peter Hitchens
election 2015
Voices
Ed Miliband and David Cameron are neck and neck in the polls
election 2015Armando Iannucci: on how British politics is broken
News
i100
Arts and Entertainment
Billie Piper as Brona in Penny Dreadful
tvReview: It’s business as usual in Victorian London. Let’s hope that changes as we get further into the new series spoiler alert
Life and Style
A nurse tends to a recovering patient on a general ward at The Queen Elizabeth Hospital in Birmingham
health
News
science
Arts and Entertainment
No Offence
tvReview: No Offence has characters who are larger than life and yet somehow completely true to life at the same time spoiler alert
News
Chuck Norris pictured in 1996
people
Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 1 May 2015
General Election 2015: Ed Miliband's unlikely journey from hapless geek to heart-throb

Miliband's unlikely journey from hapless geek to heart-throb

He was meant to be Labour's biggest handicap - but has become almost an asset
General Election 2015: A guide to the smaller parties, from the the National Health Action Party to the Church of the Militant Elvis Party

On the margins

From Militant Elvis to Women's Equality: a guide to the underdogs standing in the election
Amr Darrag: Ex-Muslim Brotherhood minister in exile still believes Egypt's military regime can be replaced with 'moderate' Islamic rule

'This is the battle of young Egypt for the future of our country'

Ex-Muslim Brotherhood minister Amr Darrag still believes the opposition can rid Egypt of its military regime and replace it with 'moderate' Islamic rule, he tells Robert Fisk
Why patients must rely less on doctors: Improving our own health is the 'blockbuster drug of the century'

Why patients must rely less on doctors

Improving our own health is the 'blockbuster drug of the century'
Sarah Lucas is the perfect artist to represent Britain at the Venice Biennale

Flesh in Venice

Sarah Lucas has filled the British pavilion at the Venice Biennale with slinky cats and casts of her female friends' private parts. It makes you proud to be a woman, says Karen Wright
11 best anti-ageing day creams

11 best anti-ageing day creams

Slow down the ageing process with one of these high-performance, hardworking anti-agers
Juventus 2 Real Madrid 1: Five things we learnt, including Iker Casillas is past it and Carlos Tevez remains effective

Juventus vs Real Madrid

Five things we learnt from the Italian's Champions League first leg win over the Spanish giants
Ashes 2015: Test series looks a lost cause for England... whoever takes over as ECB director of cricket

Ashes series looks a lost cause for England...

Whoever takes over as ECB director of cricket, says Stephen Brenkley
Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power