ARTFEED — Contemporary Art Intelligence

Damien Hirst's Shark: From Saatchi to Cohen and the Replacement

artist · 2026-08-12

Damien Hirst's iconic shark, created in 1991 and initially funded by Charles Saatchi, was caught off Hervey Bay, Queensland, Australia, and cost £6,000 to produce, totaling £50,000. The piece was sold to Steven A. Cohen in 2004 for an estimated $8-12 million. Initially poorly preserved, the shark underwent significant restoration, with the Saatchi Gallery adding bleach, and in 1993, the shark was gutted and its skin stretched over a fiberglass mold. A replacement, preserved in 2006 with assistance from Oliver Crimmen, involved a formaldehyde process that cost about $100,000. The shark measures 213 x 518 x 213 cm.

Key facts

  • Created in 1991 by Damien Hirst
  • Funded by Charles Saatchi
  • Shark cost £6,000; total cost £50,000
  • Sold to Steven A. Cohen in 2004 for $8-12 million
  • Shark caught off Hervey Bay, Queensland, Australia
  • Initially preserved poorly; Saatchi Gallery added bleach
  • In 1993, shark was gutted and skin stretched over fiberglass mold
  • Replacement shark preserved in 2006 with help from Oliver Crimmen
  • Formaldehyde process cost around $100,000
  • Dimensions: 213 x 518 x 213 cm

Entities

Artists

  • Damien Hirst

Institutions

  • Saatchi Gallery
  • Natural History Museum

Locations

  • Hervey Bay
  • Queensland
  • Australia
  • London
  • United Kingdom

Sources