Hirst after Hirst
Art Market | For a period of time the most expensive artist on the market, the last several years have seen a decline in YBA leader Damien Hirst’s prices while the number of unsold works in auction has risen. A study dividing the 422 Sotheby’s New York, Hong Kong and London sales of his work from 2005-2016 into three periods – excluding multiples and editions – shows a significant deterioration in the artist’s market value.
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Damien Hirst devant l’une de ses Spot Paintings
© Andrew Testa pour The New York Times
The high-water mark of the 2000’s
In the 2005-2009 period, 70% of auctioned works were sold for more than their high estimate (200 of 286 lots) while only 6% went unsold (17 works). In 5 years, […]
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