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''The Physical Impossibility of Death in the Mind of Someone Living'' is an artwork created in 1991 by Damien Hirst, an English artist and a leading member of the "Young British Artists" (or YBA). It consists of a tiger shark preserved in formaldehyde in a vitrine. It was originally commissioned in 1991 by Charles Saatchi, who sold it in 2004, to Steven A. Cohen for an undisclosed amount, widely reported to have been $8 million. However, the title of Don Thompson's book, ''The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art'', suggests a higher figure. Owing to deterioration of the original tiger shark, it was replaced with a new specimen in 2006. It was on loan to the Metropolitan Museum of Art in New York City from 2007 to 2010. It is considered the iconic work of British art in the 1990s,〔Brooks, Richard. ("Hirst's shark is sold to America" ), ''The Sunday Times'', 16 January 2005. Retrieved 14 October 2008.〕 and has become a symbol of Britart worldwide.〔Davies, Serena. ("Why painting is back in the frame" ), ''The Daily Telegraph'', 8 January 2005. Retrieved 15 October 2008.〕 ==Background and concept== The work was funded by Charles Saatchi, who in 1991 had offered to pay for whatever artwork Hirst wanted to create. The shark itself cost Hirst £6,000 and the total cost of the work was £50,000.〔("Saatchi mulls £6.25m shark offer" ), BBC. Retrieved 23 February 2007〕 The shark was caught off Hervey Bay in Queensland, Australia, by a fisherman commissioned to do so.〔〔 Hirst wanted something "big enough to eat you".〔Barber, Lynn ("Bleeding art" ), ''The Observer'', 20 April 2003. Retrieved 1 September 2007.〕 It was first exhibited in 1992 in the first of a series of ''Young British Artists'' shows at the Saatchi Gallery, then at its premises in St John's Wood, north London. The British tabloid newspaper ''The Sun'' ran a story titled "£50,000 for fish without chips."〔Vogel, Carol ("Swimming with famous dead sharks,2 ) ''The New York Times'', 1 October 2006. Retrieved 23 February 2007〕 The show also included Hirst's artwork ''A Thousand Years''. He was then nominated for the Turner Prize, but it was awarded to Grenville Davey. Saatchi sold the work in 2004 to Steven A. Cohen for an estimated $8 million.〔 Its technical specifications are: "Tiger shark, glass, steel, 5% formaldehyde solution, 213 x 518 x 213 cm."〔("Damien Hirst" ), The Artchive. Retrieved 23 February 2007〕 ''The New York Times'' in 2007 gave the following description of the artwork:
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