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ART & COMMERCE///DAMIEN HIRST x BANKSY PAINTING FETCHES $1.8 MIL…

February 14th, 2008

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Banksy parts Damien Hirst’s curtains…

Well, the results from today’s Valentine’s Day (AUCTION) RED at SOTHEBY’S NYC are in and from the look of things on the auction block, you’d never guess we’re in the middle of a full-blown recession. The charity event’s buzz piece, a collaborative painting between British bad boys DAMIEN HIRST and BANKSY titled “Keep it Spotless” with is actually a reworking by Banksy of an existing Hirst piece fetched an impressive $1,870,000 USD, far exceeding its estimated price of $250,000—$350,000. The real winner of the evening, however, was Hirst, whose prices skyrocketed through the auction with his most expensive work, the massive stainless steel pill case titled “Where There’s a Will There’s a Way” going for an astounding $7,150,000 USD. We’re guessing the fact that all purchases were tax-deductible went a long way to opening bidder’s wallets. Luckily, it’s all for a good cause. In total, the auction raised $42m for Aids relief & research…

Bad fashion twins Bono & Hirst tour the exhibit (gotta love Damien’s guido diamond skull leather jacket)…

POSTED BY J O'Shea/Editor

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