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Damien Hirst sale beats the credit crunch

Damien Hirst sale beats the credit crunch

Damien Hirst’s new auction of art works has broken all the estimates to bring in a record total of £70.5m ($125m), with still more works for sale.Hirst has proved that the credit crunch has had no effect at the top end of the art market . His auction has caused a feeding frenzy amongst dealers and collectors . The British artist has used the auction house Sotheby’s instead of the traditional art dealer. It is the first time an artist…

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