Art Investment

And at day auction Hurst was at the height of

Day of September 16 were day trading works Demiena Hurst (Damien Hirst), organized by auction house Sotheby's. Recall that a evening auction held on September 15, has been very successful and yielded 70 545 100 pounds (127 of 256 306 dollars). Yesterday's auction also pleased the artist and organizers: proceeds amounted to 40 919 700 pounds (73 024 202.55 USD) with estimeyte 25-36 million. Auction September 16, consisted of two parts: morning and afternoon auctions. All 80 lots that have appeared on the morning of the auction, find buyers. Of the 87 lots offered for auction day, only three remained unsold. 76.8 per cent of works were sold at prices that exceed the upper estimeyty. The average price of the lot - 250 193 pounds, which is a record for the afternoon auction of contemporary works of art at London's Sotheby's. 6 lots have more than 1 million pounds, and 11 lots - over 1 million dollars. Top-lot auction was the «Unicorn» - ponies with pridelannym horn in formaldehyde. The painting of the butterflies called «which is taken up» left over 2 281 250 pounds, more than four times the lower limit estimeyta (500-700 thousand).

Solo Hirst auction can be described as phenomenal success: of the 223 lots found buyers 218. The total amount of the proceeds of auction organizers - 111 of 576 800 pounds (200 953 342 dollars), far exceeding the estimeyt (68-98 million pounds). If this sum deduct 10 percent for the artist's manager Frank Danfi (Frank Dunphy), payment of the auction house, the cost of manufacturing operations, the cost of tendering and taxes, it will turn out that Hurst get 50 million pounds.

Beautiful Inside My Head Forever (the so-called auction Hirst) - the most successful auction in history, dedicated to one artist. Second place - tender pieces of Pablo Picasso (Pablo Picasso) from the collection of Stanley J. Shigeru (Stanley J. Seeger), organized by Sotheby's in 1993. They were represented by 88 works of famous modernist. Auction offered 21 million pounds (32 million dollars).

Executive Director of Sotheby's Europe, Patrick Van Maris (Patrick van Maris) has already called tenders works Hirst «auction Century».

Material prepared Yulia Maksimova

Sources: artdaily.org . artinfo.com , artinvestment.ru


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