- Damien Hirst
- Works by Damien Hirst lose 30 per cent of their value, while one third fail to sell at all
- Alas, Poor Art Market: A Multimillion-Dollar Head Case
- Hirst's diamond skull sells for $100 million
LONDON (Reuters) - A diamond-encrusted platinum skull by artist Damien Hirst has been sold to an investment group for the asking price of $ million, a spokeswoman for Hirstís London gallery White Cube said on Thursday. The skull is the most expensive piece to date by Hirst.2017 2017 canzone jovanotti film ficarra e picone
From pickled sharks and embalmed sheep to multi-million pound pill cabinets, British artist Damien Hirst has divided opinion from the very first. First, there is the issue of just who makes up the "consortium of businessmen" that has bought it "as an investment". They are staying well below the parapet. Then, there is the issue of Hirst's involvement in that consortium. And there is the issue of the price paid.
On June 4 the former Liberian gangster and strongman Charles G. Taylor went on trial in The Hague for war crimes in which diamond trafficking played a major role. But if coincidence, is it fair to make the link? Should every starry-eyed young couple looking for an engagement ring have to worry about how diamonds are mined in Africa? Need Mr. Hirst feel guilty that Mr. Taylor is charged with supplying weapons to gangs terrorizing Sierra Leone in the s in exchange for diamonds?
A life size cast of a human skull in platinum by British artist Damien Hirst is seen in this handout image released in London, June 1, The skull, cast from a year-old 18th century European man but retaining the original teeth, is coated with 8, diamonds, including a large pink diamond worth more than four million pounds in the centre of its forehead. The skull caused a sensation when it first went on display at an exhibition of new works by Hirst at the White Cube in central London on June 3 ó not least because of its price tag. Some critics dismissed it as tasteless while others saw it as a reflection of celebrity-obsessed culture. The skull is the most expensive piece to date by Hirst, already a millionaire several times over. Generally the gallery takes 30 percent and Hirst 70 percent of the proceeds.
Now, however, the Turner Prize winner may be losing some of his lustre. One third of the 1, artworks by Hirst that have gone under the hammer since have failed to sell at all. A work called Sanctimony featuring butterflies and household gloss failed to reach its lowest pre-sale estimates at the end of an auction at Sotheby's. Damien Hirst show sets Tate Modern record. Hirst Verity statue gets mixed reaction in Devon. Leading artists donate prints to fund publisher's treatment. Damien Hirst inspired by Blue Peter spin paintings.
Works by Damien Hirst lose 30 per cent of their value, while one third fail to sell at all
Sold This artwork has been sold, another piece of the same edition will be listed with a new price shortly. With For the Love of God, Damien Hirst made the ultimate vanitas, a replica of the skull of a thirty-five year old man from the thirteenth century, covered with platinum, set with diamonds and a 52,4 carat pink diamond on the forehead.
Alas, Poor Art Market: A Multimillion-Dollar Head Case
This work by Damien Hirst, titled "For the Love of God," is made of diamonds, human teeth and the platinum-plated skull of a year-old European male from the s rumored to be a monk or minor saint hence the name. Hirst is part of the investment group that bought the piece, according to a Bloomberg report. White Cube, the hottest contemporary art gallery in London and Hirst's sole seller, said the group plans to resell it later. Hirst is the richest artist in the U. Hirst's pricey artworks, which are usually just as outrageously expensive to produce, are often not even considered finished until someone has bought them, as the sale of the art and market value placed on it is part of the artwork itself. It's an expression of the excess of our times and how the world's super rich spend their disposable wealth as others live in poverty, according to a friend at one of New York's premiere fine art galleries.
Artworks are often bought by collectors as long-term investments, with the hope that they will increase in value over time as the artist's reputation grows. Individual results thunder back a loud 'no'. Art economist and author Don Thompson said it was unlikely that collectors who bought Hirst's work as an investment would ever recoup the money they spent. Speaking at the Cheltenham Literature Festival he said: "An artist who is simply very good at playing the market and is good at marketing himself, he is the most in danger of [his art] suffering when he dies," he said. You can find our Community Guidelines in full here. Want to discuss real-world problems, be involved in the most engaging discussions and hear from the journalists?
For the Love of God is a sculpture by artist Damien Hirst produced in It consists of a platinum cast of an 18th-century human skull encrusted with 8, flawless diamonds, including a pear-shaped pink diamond located in the forehead that is known as the Skull Star Diamond. The artwork is a memento mori , or reminder of the mortality of the viewer. In , art historian Rudi Fuchs, described the work as "out of this world, celestial almost. It proclaims victory over decay. At the same time it represents death as something infinitely more relentless. Compared to the tearful sadness of a vanitas scene, the diamond skull is glory itself.
Hirst's diamond skull sells for $100 million