Damien Hirst is struggling with some slowdown in the market of their work with chairs for 435 dollars, medical offices and galleries

market works by Damien Hirst has always lived his life. In the words of consultant Allan Schwartzman (Allan Schwartzman), «this huge machine is always to stay afloat by huge investments in it." On the current state of the market argues Katia Cossack (Bloomberg).

According to a study of the art market, the London company ArtTactic, demand for works by Damien Hirst were reduced significantly in the past two years. With landmark solo Hirst auction at Sotheby's London office in September 2008 - th , which for 218 lots could fetch 199 million dollars, and to this day, only four of his works were sold at auction more than $ 1 million. Of them with the best result left five-meter painting, "I become Death, destroyer of worlds "Series:" Butterfly ", sold by Christie's for 3.5 million dollars in the last art fair Frieze . And the total revenue from auction sales of his paintings and sculptures, according to ArtTactic, beginning in 2010 is 4.8 million dollars.

In early November, as part of trades postwar and contemporary art in New York York three auction houses will offer 11 works by Hirst, but of these only one study included in the catalog evening auction - painting with circles "in 2007 with the estimate of 400-600 thousand dollars.

Recently time, expensive work of Hirst often are not sold at auction and in galleries. In particular, 5.6 million dollars for his sculpture was saved at the White Cube Gallery last art fair Frieze. A gallery of Larry Gagosian announced the sale of the cabinet, inlaid with almost 28 thousand rhinestones, during her exhibition of Hirst in New York, the transaction price is not called, but the cabinet was originally estimated at $ 10 million. And the current exhibition "Poisons antidote" in the same gallery can be purchased two paintings by Hirst, valued at 1.2 million dollars each.

told the founder and head of ArtTactic Anders Pettersson (Anders Petterson ), the price of Hirst's work had fallen by about 50%since September 2008, but buyers have not diminished.

Hurst began to focus on collectors with more modest budgets: for them, he has released limited edition cheap work. Paul Stolper Gallery (Paul Stolper) offers a series of "Soul» (The Souls) from 120 prints Hirst with butterflies of all colors for 3000 pounds (4.7 thousand dollars) apiece. A Galerie de Bellefeuille, Quebec is preparing a first in Canada large-scale exhibition and sale of lottery products by Hirst, which you can buy his creations - from chairs for 275 pounds (435 dollars) to the X-ray films for 60 thousand dollars, issued a limited edition. At the same show buyers will be offered for 200 thousand dollars "a picture with circles" in 2009.

Another way to revive interest in works of Hirst was the publication of the catalog-Raisonné hundreds of his "medical office" from 1988 to 2008. And the exhibition at the gallery L & M Arts will present 18 of his earlier surgeries, 12 of which are named after songs from Sex Pistols.

«The man who buys a copy of the Hearst today, perhaps tomorrow will be able to buy original ", - said the next manager of Hearst, James Kelly (James Kelly). The former manager, 72-year-old Frank Dunphy (Frank Dunphy), will retire at the end of this year. Kelly, a professional accountant to do the equipment of the new exhibition space in south London, will store the collection of works by Hirst's "Killing Me» (Murder me). In general, as noted by Kelly, the new works the artist used certain demand, but future manager refused to tell the amount of income from sales this year.

Whatever it was, but in a recent ranking "100 most influential people in the world of art» magazine Art Review Damien Hirst has shifted from the 1 st place, which he held in 2008, the 53rd line in the current year.

material was prepared by Maria Onuchina, AI

Sources: bloomberg.com , artinvestment.ru