«Skull» Hirst bought himself Hurst
ARTinvestment.RU   05 ноября 2007

According to the news Bloomberg, «Skull» Hirst was purchased as planned, for $ 100 million group of investors, which was entered and the Damien Hurst.

the Background to the current event is. In the spring of 2007's most successful living artists of the 40-летних Damien Hirst conceived to be the most expensive. So that in absolute terms, at face value, without any discounts to volatile exchange rates and other reservations of type 77-летнего living American neodadaista of Jasper Johns. Latest confused all the cards with lifetime sales in 2006, his canvas of "False start" for $ 80 million, during a private, nonpublic transaction. The work of a man greatly raised the price level. And work, able to collect more, according to Hirst, should be specially convincing is already in material science terms, if the buyer does not appreciate the eye-popping artistic design.

Total for a calculated masterpiece took 2 kilos of platinum and Karat 1106,8 "best friends" of exceptional quality, including 52,4-каратный very rare pink diamond. 18 months of work of court jewellers from Bentley&Skinner, $ 24 million of funding. Result — jewelry sculpture in the form of diamond-encrusted platinum skull. And the advertised price is $ 100 million. On — all the laws of promotion, the genre in which Hearst has long surpassed Warhol. Sold out in most fashionable White Cube gallery, the leaks about the presence of potential buyers that have already joined the battle for the treasure, sincere attention from the press and the public...

In early autumn, large financial-художественной PR-акции "For the love of God" (For the Love of God — so-called sculpture) summed up the first results. Just specify that intermediate. According to the news Agency Bloomberg, the skull was purchased as planned, for $ 100 million group of investors, composed of himself and Damien Hirst. The other names are kept secret. Dark especially not steel: of explanation it follows that the skull bought for later resale. When and for how much — is not expected.

Analysts agreed that the format of the transaction may indicate that Hearst failed to negotiate with one buyer. The mortgage crisis in the US happened very inappropriately, paying customers in such circumstances, spoils the mood and thoughts about the beautiful fade into the background. The situation probably is temporary, but to wait for the sea weather, postponing the sale. — and look to the skull call stale goods. Such things must be sold in time to the investment function of image art-приобретений not be questioned. Even in bad times.

And to the best of times "For the love of God" investors will be sent to world Museum tour, which will follow the author. By the way, theoretically Damien Hirst in this ingenious operation could do without investors. Personal state 42-летнего artist would be enough for a more sophisticated hoax. According to some estimates, at the beginning of this year it amounted to $ 260 million. Since then, much has changed. According to the White Cube gallery, June exhibition of works by Hirst "Beyond faith" (Beyond Belief) rasprodala mad 130 million pounds — 262 million dollars. In the same yearinstallation Lullaby Spring ("sleeping spring") has set an open auction record price for living artist with a score of 9.7 million pounds — $ 20 million.

As looking into the pocket of the artist — is nepredosuditelnaya part cultivated their genre, then you can continue. Not so long ago it became known that brilliant in every sense of the idea Hirst will find its application in the new collection of jeans company Levi Strauss&Co. Hurst was one of the designers of the collection autumn-2008 with the speaker called Warhol Factory X Levi's X Damien Hirst. On jeans (like 501 modified model) will be applied to the recognizable skull of Swarovski rhinestones. According to some reports, jeans from Damien Hirst will cost about $ 400. Projected prices for other items in the collection are the following: t-shirt — $ 100 jacket-джинсовка — $ 900. That is all about 10 times more expensive than conventional, neavtorskimi, performance. In General work at the junction with the massive design and easy crossing of the border is a logical step of the modern artist. Think about the designs of Sonia Delaunay, production art "Amazons of the avant-garde" Lyubov Popova and Varvara Stepanova (they developed the geometric designs for fabrics, working at the First state cotton-printing factory). On hearing more of the drawings included in the top ten most expensive young artists Takashi Murakami handbags for the prestigious Louis Vuitton (brand small icons, vaguely resembling the card suit, — is his discovery). So develops the normal process of the arrival of art to the masses.

According artprice.com for six months, the price index of creativity of the British artist grew by 46 %. For averaged statistics, $ 100 invested in his work 10 years ago, has now turned into a 752 dollar.

Source: www.bloomberg.com, www.artprice.com