The Great Contemporary Art Bubble

On September 15th 2008 the day of the the collapse of Lehmans the worst financial news since 1929 Damien Hirst sold over 60 million of his art in an auction at Sothebys that would total 111 million over two days It was the peak of the contemporary art bubble the greatest rise in the financial value of art in the history of the world One art critic and filmmaker was banned by Sothebys and Hirst from attending this historic auction Ben Lewis