From The Economist:
Damien Hirst and the future of auction houses
“AUCTION rooms are democratic”, Damien Hirst told The Economist just before the two-day sale of 223 of his new works at Sotheby’s London branch last week. “That’s what I like about them. Anyone with enough money can buy what they want—immediately. They just have to be prepared to make that final bid.”
But democratic is not the same as open. …
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