Damien Hirst Spin AK-47 achieves 57.1% increase for Peace One Day

paulfrasercollectibles

2015-06-26 13:00:39

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Damien Hirst Spin AK-47 achieves 57.1% increase for Peace One Day

Damien Hirst's Spin AK-47 led a charity auction based around the iconic weapon

Damien Hirst's Spin AK-47 for Peace One Day has sold as the top lot in a charity auctionthat featuredworks donated byleading contemporary artists.

The London sale, entitled AKA Peace, was organised by Peace One Day, with the profits benefitting its Global Truce Day 2013. Curated by Jake Chapman of the renowned Chapman Brothers, the auction featured works from Antony Gormley, Marc Quinn and Sam Taylor-Wood, among others.

Chapman commented: "I am not readily associated with a sense of philanthropic optimism, but after a meeting with Jeremy Gilley, my pessimism was suspended in favour of supporting this audacious attempt to intervene against human injustice."

Damien hirst AK-47 Spin Peace One DayHirst's AK-47 displaying his famous Spin Painting technique

Hirst's spin-painted AK-47 sold for 55,000 ($89,031), achieving a 57.1% increase on its high estimate of 35,000 ($56,656). The work was formerly part of the Peace One Day exhibition at London's Institute of Contemporary Arts, which ran from September 30.

Anthony Gormley Silence auction Peace One DayGormley's Silence saw the second highest bids of the sale

The auction's second highest bids were seen for Antony Gormley's Silence, which sold for 50,000 ($80,913). The work comprised a steel frame representing the human form with an AK-47 fitted inside, replacing the figure's throat.

The Chapman Brothers donated two sculptures of young girls holding AK-47s, entitled Yin and Yang. A typically vulgar offering from Jake and Dino, they sold for 35,000 ($56,656) and 45,000 ($72,826), respectively.The auction raised 417,100 ($675,021) for the charity in all.

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