Auction: Wall Street can't touch Art...

New York Times called it a "bull market" and was just that... the day after Wall Street tanked, Sotheby's of London had a record auction of over $200.7 million in sales, for 223 works by artist Damien Hirst. This has been a record auction for a single artist, since a Picasso sale of 88 works in 1993 that reached $20 million. Sotheby's high estimate for the auction was $177.6 million, but art works like the "Fragment of Paradise" was sold for $9.3 million... three times more than its high estimate of $2.9 million. And to top things up, the highest bid of the two-day event went to "The Golden Calf" for $18.6 million... Looks like art weathers the storm no matter what...