Hirst Diamond Skull Sells For $100m

Posted by Ruth Miller on Fri 31st August 2007 at 08:38 AM, Filed in Expensive JewelryRich And FamousUnusual Luxury
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The unusual but rather beautiful diamond skull created by Damien Hirst has been sold to a unnamed investment group for £50m ($100m)

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As you might expect, the investment group intend to hold the artwork and then resell at a later date. No doubt for a considerable profit.

Interestingly, Mr Hirst will retain a small share in the piece adding to the debate about artists retaining a royalty when an artwork is resold.

The piece has received it’s fair share of criticism and controversy but personally I find it quite beautiful. Admittedly, I wouldn’t want it morbidly sitting on my mantle piece - but I can appreciate it’s unique qualities.

As we reported, the diamond encrusted skull includes a stunning pear shaped pink diamond set within the forehead and cost £14m ($28m) to put together.

Dates are due to be confirmed for a world wide tour / exhibition of the piece.

In order to write this post or review the author may have tested complimentary services or goods to ascertain an accurate picture of quality and standards. It is important for us to declare this so that our readership fully understand that we are where possible speaking from experience when reviewing a product or service. In spite of this, we aim to maintain high journalistic standards and provide useful objective analysis.

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