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Damien Hirst's Diamond Skull May Go to Auction

By ARTINFO

Published: October 21, 2008
LONDON—Damien Hirst may sell his diamond-encrusted skull For the Love of God at auction if it does not find a buyer, reports the Art Newspaper. In an interview in the French newspaper Le Figaro, Hirst said, "I sold 2/3 [of the work] to an investment company, I kept 1/3...We have an agreement. If they can’t sell it privately, within eight years, it will go to auction.” In September, Hirst's business manager, Frank Dunphy, told Time magazine that he and Hirst's London dealer, Jay Jopling of White Cube, are the other investors in the work.

For the Love of God debuted at White Cube in 2007 in the exhibition “Beyond Belief," where it was priced at £50 million. In August, Dunphy told the Art Newspaper that "a group composed of a number of interested individuals are looking to purchase the skull at its full price of $100 million," although he tells Time that now the price of the skull "would be double," or £100 million.

The idea to sell the skull at auction follows Hirst's recent single-artist sale at Sotheby's, where he bypassed his dealers and offered 223 new works directly through the auction house, grossing more than $200 million. Sotheby's declined to comment on a hypothetical sale of the skull.

For the Love of God goes on display at the Rijksmuseum in Amsterdam November 1, the intial stop in a proposed global tour.

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