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Auction (Red) at Sotheby’s

 Posted by Nobi, 16 Feb 2008

On the evening of Valentine’s Day, over $40 million was raised to fight AIDS in Africa at a historic auction in New York — the most significant charity auction of Contemporary Art ever. The winner of the evening was Damien Hirst who donated seven pieces to the auction. Most of his pieces skyrocketed through the evening, including a massive stainless steel cabinet filled with drugs to treat HIV going for an astounding $7,150,000.

We’re in the middle of a full-blown recession, the rich are getting richer with plenty of money to spend, and the rest of us are now all in the poor class. It’s good to see big fat wallets being used in style for tax-deductible purchases.

Related article at NME.COM