Here’s Why Damien Hirst’s Art Market Is Not as Terrible as It Looks

A deep dive into the British artist’s prices as he attempts a comeback. After years of sluggish auction prices, is Damien Hirst poised for a comeback? In 2008, the British artist bypassed the gallery system to bring 167 newly created artworks straight to the auction block. The unprecedented sale upended every market convention and raked […]

Damien Hirst, Treasures from the Wreck of the Unbelievable, review: this spectacular failure could be the shipwreck of his career

After months of speculation, rumour, and stage-managed hype, Damien Hirst’s latest extravaganza is finally opening in Venice – and, my goodness, it’s enormous. With 190 works of art, displayed across 54,000 square feet of gallery space, Treasures from the Wreck of the Unbelievable, as the exhibition is called, is arranged across two venues: Palazzo Grassi, […]

Treasures from the Wreck of the Unbelievable, exhibition review: A triumphant return from Damien Hirst

Damien Hirst’s triumphant comeback show in Venice is a timely reflection on fakery, belief, truth and absolutes. Damien Hirst’s new show in Venice, Treasures from the Wreck of the Unbelievable, is a complicated triumph. The labels for the works on display, dozens of objects, many enormous, depicting mythological beings — monsters, ancient royalty, maiden warriors, […]

Damien Hirst: Treasures from the Wreck of the Unbelievable review – a titanic return

Art is magical. It is a fairytale. It can make you rich. It can make you poor. It can turn everything you thought you knew inside out and upside down. It has made Damien Hirst rich, colossally so, and now it has done something else. It has redeemed him. For years he has appeared a […]

The Art of Larry Gagosian’s Empire

“CAN WE QUICKEN this up?” It’s lunchtime in New York and Larry Gagosian is hungry. It’s time for supper—or at least aperitifs—in Europe, where he recently did a three-week working tour of France, England, Germany and Switzerland, and it’s breakfast in Los Angeles, where last week he hosted his annual pre-Oscars opening at his Beverly […]

Art Collectors of Our Time: A Field Guide

In the cultivated wilds of the art world, one complex beast—omnivorous yet finicky, gentle-seeming yet quick to strike—sits at the center of the ecosystem: the collector. Often found at watering holes known as art fairs, where they feed on champagne and aesthetic goods (often shiny ones), these curious specimens of fascination come in many discrete […]

The overpriced world of bad art

In May 2013, German artist Gerhard Richter broke his own record when his 1968 painting “Domplatz, Mailand,” which looks like a fuzzy black-and-white photograph, sold at auction for $37 million, the highest amount for any living artist. It was a record he held for six months, until Jeff Koons’ “Balloon Dog” smashed it, selling for […]