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Artsy pickled shark sold for $12 million

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Published: Dec. 23, 2004 at 1:07 PM

LONDON, Dec. 23 (UPI) -- British art collector Charles Saatchi has reportedly been offered $12 million for a pickled 14-foot-shark he bought for $95,000, The Telegraph said Thursday.

Saatchi commissioned the animal sculpture, called "The Physical Impossibility of Death" in 1991 by artist Damien Hirst, who used a shark bought in Australia for $11,000.

The destination of the shark is not known, but the spokesman confirmed the offer had come from a client of U.S. art dealer Larry Gagosian, who is Hirst's agent in New York.

Last year, Saatchi sold 12 early works by Hirst back to the artist for a reported $15 million. The sale included a sliced pig in formaldehyde called "This Little Piggy Went to Market," done in 1996, and valued at $2.8 million.

More recently he reportedly sold one of his favorite works by Hirst, a sheep in formaldehyde called "Away From the Flock," for $4 million.

Topics: Charles Saatchi, Damien Hirst
© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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