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Demovictory9

(32,423 posts)
Thu May 7, 2020, 02:31 AM May 2020

a US art collective cuts up $30K painting and sells each piece for $480 for profit of $12K

https://www.cnn.com/style/article/damien-hirst-mschf-severed-spots/index.html

A $30K Damien Hirst was cut up -- and the pieces are selling for seven times as much
Published 30th April 2020

After cutting a $30,000 Damien Hirst print into pieces, a US art collective is on course to sell the individual parts for more than seven times what it originally paid.
New York-based group MSCHF recently purchased a signed copy of one of the artist's famous spotted paintings, "L-Isoleucine T-Butyl Ester," then proceeded to cut out each of the 88 dots by hand and sell them separately for $480.

This alone generated a profit of around $12,000 -- and with bids for the leftover white paper now reaching over $172,000, the group is set to significantly increase the total value of the work.

The colored spots, which were each signed on the reverse by MSCHF, sold out in under 38 seconds, the collective said. What remains of the artwork, which includes Hirst's signature and is listed on the project's website as "Spotless Painting," is open to online bids until early next week.



An Art Collective Cut Up a $30,000 Damien Hirst Spot Print. The Leftover Bits of Paper Just Sold for $261,000
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a US art collective cuts up $30K painting and sells each piece for $480 for profit of $12K (Original Post) Demovictory9 May 2020 OP
88 dots for acquisition Midnightwalk May 2020 #1
I can get 'em bigger dots for HALF the price. OneBro May 2020 #2

Midnightwalk

(3,131 posts)
1. 88 dots for acquisition
Thu May 7, 2020, 03:16 AM
May 2020

They should have doubled (or more) and said the artist selected pairs that resonated with each other.

This might clarify what I’m rambling about.
[link:https://m.

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OneBro

(1,159 posts)
2. I can get 'em bigger dots for HALF the price.
Thu May 7, 2020, 05:49 AM
May 2020

Started cutting up my old Twister mat the moment I saw this. Look out EBay, here I come!

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