This thing called art...

It's all about the art we have inside us, the things we perceive as being art, the places we travel through art... It's all about artistic intelligence and artistic nonsense, for that matter!

Friday, September 19, 2008

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... 

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