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Hirst auction could raise 65 million pounds

Mon Jul 28, 2008 1:34pm BST
 
var storyKeywords = "OUKDN UK HIRST AUCTION"; var RTR_ArticleTitle = "Hirst auction could raise 65 million pounds"; var RTR_ArticleBlurb = "LONDON (Reuters) - A September auction of new works by artist Damien Hirst is expected to fetch over 65 million pounds, Sotheby's said on Monday. Estimates for the sale, to be held over two days on September 15 and 16, range from 15-20,000 pounds to..."; addImpression("1045737_Article Tools");
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LONDON (Reuters) - A September auction of new works by artist Damien Hirst is expected to fetch over 65 million pounds, Sotheby's said on Monday.

Estimates for the sale, to be held over two days on September 15 and 16, range from 15-20,000 pounds to eight to 12 million pounds for "The Golden Calf", a bull in a tank of formaldehyde with its head crowned by a solid gold disc and its hooves and horns cast in 18-carat gold.

The sale, called "Beautiful Inside My Head Forever", will also include paintings, cabinets and preparatory drawings, and four of the 223 lots, with a combined worth of around two million pounds, will be sold for charity.

It coincides with the 20th anniversary of the Freeze exhibition in London which launched the careers of Hirst and some of his fellow "Young British Artists".

By choosing to offer his latest works in the auction room rather than through the more private channel of galleries and dealers, art experts say Hirst has challenged the way the top-end contemporary art world operates.

Gagosian Gallery, which has worked with Hirst before, put a brave face on Hirst's decision to sell publicly, and confirmed it would be at the auction.

"As Damien's long-term gallery, we've come to expect the unexpected," it said in a statement when the auction was first announced. "He can certainly count on us to be in the room with paddle in hand."

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