Rather than continue to lose buckets of money in the over-priced stock market, some members of the uber-wealthy have decided to throw money at the over-priced art market.
Yesterday, Damien Hurst sold $127 million dollars worth of pickled pig's feet through Sotheby's and expects similar sales today. You can argue about the merits of the work as art if you want to, but I just know this pretty much invalidates an old saw. If you put a pig in a vat of formaldehyde, it's no longer a pig.
Tuesday, September 16, 2008
no, it's not
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Warrior Ant Press Worldwide Anthill Headquarters in Kansas City, Missouri, USA.
at
12:26 AM
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damien hurst,
warrior ant press
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