Tracey Emin’s new, searingly personal painting has sold for a whopping £1.9 million (£2.3 million with fees) at Christie’s, four times over its low estimate. The renowned artist will use the money to support her artists’ studio complex in Margate. “It’s amazing. It’s going to make a massive difference,” marvelled Emin. “The support for what I’m doing in Margate is phenomenal.”
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Tracey Emin launches plans for “artist’s haven” in Margate
British artist Tracey Emin is founding a revolutionary art school and museum in her beloved hometown of Margate. Emin’s foray into property development will see the seaside town, long afflicted by a high poverty rate, transform into an artist’s sanctuary.
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