Topic: Damien Hirst

Artist Damien Hirst reportedly had a teenager arrested for stealing a box of pencils from one of his art installations. Hirst claimed the pencils were worth £250,000 because they were part of his exhibit. The hosts use this story to illustrate the perceived absurdity and inflated valuations within the modern art world.

Artist Damien Hirst is bypassing traditional dealers to sell his work directly through Sotheby's, with an estimated total value of 65 million pounds. The centerpiece of the auction is "The Golden Calf," a bullock preserved in formaldehyde with 18-karat gold horns. The hosts discuss the art world as a potential scam and the risks of investing in living artists.