What if we said that you could buy Damien Hirst painting worth $54K USD at one-third of the price? Yes, that’s possible with NFTs.
How to buy Damien Hirst Painting at such a lesser price?
If you are planning to buy some traditional art this upcoming year. The best option might be via NFTs. As mentioned, Damien Hirst painting, “You don’t have to say it today” is available at OpenSea as an NFT for 3.55 ETH($14K USD).
After purchasing the NFT, you can redeem it for a physical till some time. What’s more, buying an NFT version will also save you from “hammer fees” which is a costly premium paid by all buyers of a physical auction.
While the art launched 12 months ago, it’s still up for purchase.
Currently, there are several NFT collections that are redeemable for their physical editions. Examples include Rebirth NFT collection, Masters of Horror and more.
More about Damien Hirst painting
Damien’s NFT series called “The Currency” comprises 10,000 units. Each title of the spotty works was created via machine learning technology. Interestingly, these collectables come with poetic titles such as Grandfathered to the Gang, Totally Gonna Sell You among others. The collectors have a choice to either keep it or exchange it for one of the works. However, if the collectors do not exchange it until July 27, 2022, the corresponding artwork will be destroyed.