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Hirst's 'The Golden calf ' sold for $18.5 million, setting new record



By Jill Lawless, AP
17 September 2008 @ 3:23 pm IST

London - Damien Hirst's gamble has paid off.


This Sotheby`s handout shows Damien Hirst`s artwork entitled `The Golden Calf.` Hirst has set a new record after a two-day sale of his work fetched some 111 million pounds.(
This Sotheby`s handout shows Damien Hirst`s artwork entitled `The Golden Calf.` Hirst has set a new record after a two-day sale of his work fetched some 111 million pounds.(AFP)
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A sale of pickled sharks, butterfly paintings and other pieces by the provocative British artist has raised more than US$125 million — a record for an auction of works by a single artist. And there is more to come Tuesday.

In the first session at the packed Sotheby's auction house on Monday, "The Kingdom," a tiger shark preserved in formaldehyde, sold for $17 million. "The Golden Calf" — an embalmed calf with golden hooves and horns — fetched $18.5 million.

"Fragments of Paradise," a confection of stainless steel, glass and manufactured diamonds, sold for almost $9.4 million, five times its pre-sale estimate.

Two of Hirst's butterfly paintings were sold for charity, for a total of more than $2.9 million.

Sotheby's said Monday's total of $127 million smashed the $20 million record for a single artist set in 1993 for 88 works by Pablo Picasso.

Hirst took a risk by offering more than 200 pieces of new work through Sotheby's rather than a gallery. He said it was a more democratic way to sell art — and it also spared him a gallery's hefty commission. But if buyers had stayed away, Hirst's global brand would have been tarnished.

The most successful of the so-called "Young British Artists" who came to prominence in the 1990s, Hirst is famous for eye-catching works redolent of death and decay — pickled animals, rotting cows' heads, diamond-encrusted skulls. He employs a large staff to help him make his works, and some critics had suggested his prolific output was devaluing the work.

There was little sign of that Monday.

Hirst, 43, said the results of the sale showed "the market is bigger than anyone knows."

Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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