Damien Hirst’’s UK art sale breaks records, rakes in PS70.5m in its first day

September 16th, 2008 - 5:28 pm ICT by ANI  

London, Sept 16 (ANI): An art auction by British contemporary Damien Hirst has set a new record for a sale dedicated to one artist, after it fetched more than 70 million pounds.

The sale of 54 lots raised more than 65 million pounds smashing the previous record set in 1993 for 88 works by Picasso.

The auction house’’s top estimate for the evening had been 62.3 million pounds, reports Telegraph.

One of the first items which went under the hammer at the auction house in London sold for almost double its estimate.

The Kingdom a tiger shark in formaldehyde fetched 9.5 million pounds. Sotheby’’s had estimated the work at 4-6 million pounds.

The most expensive item was The Golden Calf a calf with a gold disc on its head and godlen hooves at 10.3 million pounds.

Hirst is selling 223 new works directly, saving millions by cutting out the dealers” commission.

Hirst, 43, who is criticised by some for using an army of assistants to help him create his work, has called the auction a “mini retrospective” and “probably the most amazing show I”ve put on”. (ANI)

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