{"id":30631,"date":"2018-09-20T16:59:18","date_gmt":"2018-09-20T20:59:18","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=30631"},"modified":"2024-06-20T16:00:30","modified_gmt":"2024-06-20T20:00:30","slug":"the-damien-hirst-market","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2018\/09\/the-damien-hirst-market\/","title":{"rendered":"The Damien Hirst Market"},"content":{"rendered":"<div id=\"attachment_54396\" style=\"width: 230px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/09\/Hirst-Shark.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-54396\" class=\"wp-image-54396\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/09\/Hirst-Shark.jpg\" alt=\"a shark in a tank by Damien Hirst\" width=\"220\" height=\"144\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/09\/Hirst-Shark.jpg 389w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/09\/Hirst-Shark-300x197.jpg 300w\" sizes=\"(max-width: 220px) 100vw, 220px\" \/><\/a><p id=\"caption-attachment-54396\" class=\"wp-caption-text\">Damien Hirst &#8220;The Physical Impossibility of Death in the Mind of Someone Living&#8221;<\/p><\/div>\n<p>Over the past few years, I have written about the\u00a0decrease\u00a0in value many works by Damien Hirst have experienced. His market peaked around 2008 and now prices continue to drop.\u00a0\u00a0Hirst&#8217;s works were once the darling of the Contemporary evening sales. Today,\u00a0many of those same works appear in the day sales and at estimates that are far less than the works originally sold for at auction.<\/p>\n<p>We all know that the art market is cyclical with styles and periods going in and out of fashion.\u00a0 I am sure there are many collectors today who are hoping the Hirst market will recover.\u00a0 The real question is &#8212; will they be alive to see it?<\/p>\n<p>Source: <em><a href=\"https:\/\/www.independent.co.uk\/arts-entertainment\/art\/news\/damien-hirst-art-value-drop-collectors-lose-money-beautiful-inside-my-head-venice-a8537166.html?amp&amp;__twitter_impression=true\" target=\"_blank\" rel=\"noopener\">Damien Hirst collectors lose thousands as expert calls plummeting value &#8216;a bloodbath&#8217; | The Independent<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past few years, I have written about the\u00a0decrease\u00a0in value many works by Damien Hirst have experienced. His market peaked around 2008 and now prices continue to drop.\u00a0\u00a0Hirst&#8217;s works were once the darling of the Contemporary evening sales. Today,\u00a0many &hellip; <a href=\"https:\/\/rehs.com\/eng\/2018\/09\/the-damien-hirst-market\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":54396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[429,673,1089,1090,46,11,1088],"class_list":["post-30631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","tag-contemporary-art","tag-damien-hirst","tag-fish","tag-fish-tank","tag-investing-in-art","tag-rehs-contemporary-news","tag-shark"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Damien Hirst Market - Rehs Galleries<\/title>\n<meta name=\"description\" content=\"I am sure there are many collectors today who are hoping the Hirst market will recover.\u00a0 The real question is -- will they be alive to see it?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2018\/09\/the-damien-hirst-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Damien Hirst Market\" \/>\n<meta property=\"og:description\" content=\"I am sure there are many collectors today who are hoping the Hirst market will recover.\u00a0 The real question is -- will they be alive to see it?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2018\/09\/the-damien-hirst-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-20T20:59:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T20:00:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/09\/Hirst-Shark.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"389\" \/>\n\t<meta property=\"og:image:height\" content=\"255\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Howard L. Rehs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Howard L. Rehs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2018\\\/09\\\/the-damien-hirst-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2018\\\/09\\\/the-damien-hirst-market\\\/\"},\"author\":{\"name\":\"Howard L. 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