Damien Hirst – The Currency: Artist starts setting fire to thousands of his spot paintings
Damien Hirst has started burning millions of pounds worth of his art as part of a project testing the value of physical paintings versus digital works – and told Sky News: “Who’s to judge what’s right and wrong and what’s real and not?”
The British artist, who rose to fame in the 1990s – winning the Turner Prize with an installation of a bisected cow and calf in formaldehyde – is setting fire to works created for The Currency, a project launched in July 2021.
With the collection of 10,000 pieces featuring his famous spot prints, collectors were given a choice: take a physical Hirst original (quite a bargain at $2,000) or opt for an NFT digital version.
Given a year to decide, buyers had to make their minds up in July this year. The result? Some 5,149 physical pieces will remain intact, their virtual doppelgangers deleted – while 4,851 NFTs will live on in the digital sphere, their painting equivalents going up in smoke.
Hirst has now started the fire for the unchosen physical pieces, with burning set to continue at his Newport Street Gallery near Vauxhall, south London, over the next few weeks.
He told Sky News he doesn’t see his project as burning his art, rather transforming it – but admitted that with his background firmly in the physical art world, he did need to get to grips with the digital one.
“I’m kind of rooted in the physical world, so I find the digital world more challenging,” he said. “I think this has to be part of the process. To create truly digital artworks is to destroy the physical artwork.”
On the first day of the burning, the smell of torched paper lingers throughout the gallery. All 10,000 paintings are represented here, with the 5,149 works whose owners opted for the physical greyed out.
At the moment, the majority of the other 4,851 are still in place, ready to be burnt, while blank rectangles occupy the spaces of those torched so far. By the end of the month, these will represent almost half.
Why opt for a digital artwork rather than a physical painting to display on your wall?
Kyle Johns, 28, from Cwmbran in south Wales, said he originally thought it was an obvious choice – but as the year went on, he changed his mind.
“I came into it, I was always art. I was going to have art on the wall. But it changed. We were in the community and it was nice. We were all in an [online] group and it’s just been brilliant.
“Over the year, the NFT became appealing. It’s hard to explain. If I try and tell my mum I’ve got a picture of a picture that’s going to be burnt, it doesn’t make sense. But when you think of it as the future, it is an art form, it’s digital – and we all have a phone.
“I’m not taking my wall [out] with me, I’m taking my phone and my NFT collection.”
Hirst says he views The Currency as a work of art in which people participate by buying, holding, selling and exchanging the works. The community, the burning, is all part of the art, part of the experiment.
Many who chose NFTs and resold early on have done well. In September 2021, the buyer of number 2,604, titled Revocation, sold it for $172,239 (£154,313). This was the NFT version. According to Hirst’s book on the project, The Currency has so far generated $89m (£78.9m) in sales.
Mr Johns, whose physical piece will burn later in October, says he may look to sell at some point, but for now he is enjoying the experience.
His joining The Currency led to a charity fundraising event supported by the artist – and he now even has a tattoo of another of Hirst’s famous artworks, the formaldehyde shark.
“For now, it’s about the community,” he said. “I think [the NFTs] are trading at about $7,000 (£6,281) now. We’ll see what happens.”
Read more:
Is setting fire to millions of pounds worth of art a good idea?
Why are female artists losing out?
Zaheer Raffeeq, 28, who lives in London, opted to keep a physical Hirst painting – deciding three days before the deadline.
”NFTs are too new for me, whereas having something I can hold – I prefer that,” he said. “I thought it was taking too much of a risk to take the NFT.
“I see why people picked the NFT, because it’s also cool to say that Damien Hirst burnt my piece of art… I think I made the right choice.”
Is he worried he might miss out on a lot of money should the value of the NFTs rise more than the physical pieces?
“I think I would have thought the same thing if I’d had the NFT,” he said.
Once the burning is complete, who knows what will happen to the value of either of the sets, physical or digital? NFTs certainly have their critics – but Hirst says it is not for anyone to judge what others appreciate as art.
“With NFTs, we’re making art for people who haven’t been born yet,” he said. “Who’s to judge what’s right and wrong and what’s real and not?
“The people who aren’t born yet are going to decide what’s going to be remembered and what’s not. We’re just here to try and record today for the people of the future.”
Entertainment
Stalker who believed Strictly Come Dancing judge Shirley Ballas was his aunt avoids jail
A man who stalked Strictly Come Dancing judge Shirley Ballas for six years has avoided jail.
Kyle Shaw, 37, got a 20-month suspended sentence and a lifetime restraining order on contacting Ballas, her mother, niece, and former partner.
Liverpool Crown Court heard that he thought Ballas was his aunt and “began a persistent campaign of contact”.
“He believed, and it’s evident from what he was told by his mother, that her late brother was his father,” said prosecutor Nicola Daley.
The court heard there was no evidence he was wrong, and “limited evidence” he was correct.
Ms Daley said Shaw’s messages had accused Ballas of being to blame for the death of her brother, who took his own life in 2003 aged 44.
He also set up social media accounts in his name.
Shaw had pleaded guilty to stalking the former dancer between August 2017 and November 2023 at a hearing in February.
Incidents included following Ballas’s 86-year-old mother, Audrey Rich, while she was shopping and telling her she was his grandmother.
The court heard in messages to Mrs Rich, Shaw had asked: “Where’s my dad?”
Ballas was so worried for her mother’s safety that she moved her from Merseyside to London.
Kyle Shaw outside court on the day of his sentencing. Pic: PA
In October 2020, Ballas called police after Shaw messaged her and said: “Do you want me to kill myself, Shirley?”
Posts on X included one alongside an image of her home address that warned: “You ruined my life, I’ll ruin yours and everyone’s around you.”
Another referenced a book signing and said: “I can’t wait to meet you for the first time Aunty Shirley. Hopefully I can get an autograph.”
The court was told Ballas’s niece Mary Assall, former partner Daniel Taylor and colleagues from Strictly Come Dancing and ITV’s Loose Women were also sent messages.
‘I know where you live’
On one occasion in late 2023, Shaw called Mr Taylor and told him he knew where the couple lived and described Ballas’s movements.
The court heard the 64-year-old TV star become wary of socialising and stopped using public transport.
Prosecutor Ms Daley said: “She described having sleepless nights worrying about herself and her family’s safety and being particularly distressed when suggestions were made to her that she and her mother were responsible for her brother taking his own life.”
Ballas has been head judge on Strictly Come Dancing since 2017. Pic: PA
Shaw cried and wiped away tears as he was sentenced on Tuesday.
The judge said the stalking stemmed from his mother telling him Ballas’s brother, David Rich, was his biological father.
“I’m satisfied that your motive for this offending was a desire to seek contact with people you genuinely believed were your family,” he said.
“Whether in fact there’s any truth in that belief is difficult, if not impossible, to determine.”
Shaw pictured at court in February. Pic: PA
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Defence lawyer John Weate said Shaw had been told the story by his mother “in his mid to late teens” and had suffered “complex mental health issues” since he was a child.
He added: “He now accepts that Miss Ballas and her family don’t wish to have any contact with him and, importantly, he volunteered the information that he has no intention of contacting them again.”
Shaw, of Whetstone Lane in Birkenhead, also admitted possessing cannabis and was ordered to undertake a rehab programme.
Gary Glitter has been made bankrupt after failing to pay more than £500,000 in damages to a woman he abused when she was 12 years old.
She sued the disgraced singer, whose real name is Paul Gadd, after he was found guilty of attacking her and two other schoolgirls between 1975 and 1980.
Glitter, 80, was jailed for 16 years in 2015 and released in 2023 but was recalled to prison less than six weeks later after breaching his parole conditions.
A judge awarded the woman £508,800, including £381,000 in lost earnings and £7,800 for future therapy and treatment, saying she was subjected to abuse “of the most serious kind”.
The court heard she had not worked for decades due to the trauma of being repeatedly raped and “humiliated” by the singer.
Glitter was jailed for 16 years in 2015. Pic: Met Police/PA
Glitter was made bankrupt last month at the County Court at Torquay and Newton Abbot, in Devon – the county where he is reportedly serving his sentence in Channings Wood prison, in Newton Abbot.
Richard Scorer, head of abuse law at Slater and Gordon, the law firm representing the woman, said: “We confirm that Gadd has been made bankrupt following our client’s application.
“As he has done throughout, Gadd has refused to cooperate with the process and continues to treat his victims with contempt.
“We hope and trust that the parole board will take his behaviour into account in any future parole applications, as it clearly demonstrates that he has never changed, shows no remorse and remains a serious risk to the public.”
Glitter was first jailed for four months in 1999 after he admitted possessing around 4,000 indecent images of children.
He was expelled from Cambodia in 2002, and in March 2006 was convicted of sexually abusing two girls, aged 10 and 11, in Vietnam where he spent two-and-a-half years in prison.
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His sentence for the 2016 convictions expires in February 2031.
Glitter was automatically released from HMP The Verne, a low-security prison in Portland, Dorset, in February 2023 after serving half of his fixed-term determinate sentence.
But he was back behind bars weeks later after reportedly trying to access the dark web and images of children.
Paul Mescal and Barry Keoghan will play Paul McCartney and Ringo Starr in the upcoming Beatles films – with a Stranger Things star also portraying one of the Fab Four.
The two Irish actors will be joined by London-born performers Harris Dickinson as John Lennon, and Joseph Quinn as George Harrison.
The cast for the Sam Mendes project was revealed at the CinemaCon event in Las Vegas, with all four appearing on stage and taking a bow together in Beatles style.
(L-R) Mescal, Quinn, Keoghan and Dickinson appeared together at the announcement. Pic: Reuters
Mendes is making four interconnected films – one from the perspective of each of the band members – and they are all set to be released “in proximity” to each other in April 2028.
It marks the first time The Beatles and the families of John Lennon and George Harrison have granted full life story and music rights for a scripted film.
Playing McCartney is another big role for 29-year-old Mescal, who recently starred in the Gladiator sequel and was nominated for an Oscar in 2023 for Aftersun.
Barry Keoghan – who also got an Oscar nod for The Banshees of Inisherin – will portray the other surviving Beatles member, Ringo Starr.
Pic: PA
Meanwhile, Stranger Things star Joseph Quinn, who appeared with long hair as Eddie Munson in the fourth series, takes up the role of George Harrison.
Harris Dickinson has the challenge of stepping into the shoes of perhaps the most famous Beatle, John Lennon.
The 28-year-old recently starred in erotic thriller Babygirl with Nicole Kidman and also appeared in satire Triangle of Sadness.
Mendes told the industry audience at CinemaCon there is “still plenty to explore” despite the Beatles’ rise having being well chronicled.
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The Oscar-winning British director is known for films including American Beauty, First World War movie 1917, and Bond outings Skyfall and Spectre.
Sony Pictures boss Tom Rothman said the close release of all four films in three years’ time will be “the first bingeable theatrical experience”.
“We are going to dominate the culture that month,” he added.
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