Diamonds are a Hirst's best friend

A few years ago we were approached by a (very wealthy) artist in her twenties who wanted to exhibit her (very bad) paintings in our galleries. Part of her gimmick was the fact that each work had around $50,000 in precious stones embedded in the thickly applied paint that she used.

We turned her down.

Leave it to Damien Hirst to outdo her; his latest project is a skull cast in platinum and covered in diamonds. This will be the most expensive piece of artwork ever created, and will bring Hirst closer to the Jeff Koons Art League.

The skull will cost around $15-18 million smackers.

"I just want to celebrate life by saying to hell with death. What better way of saying that than by taking the ultimate symbol of death and covering it in the ultimate symbol of luxury, desire and decadence?

The only part of the original skull that will remain will be the teeth. You need that grotesque element for it to work as a piece of art. God is in the details and all that.

I've always adhered to the principle that the simplest ideas are the best, and this will be the ultimate two fingers up to death. I want people to see it and be astounded. I want them to gasp."

I'm already gaggingsping.