Damien Hirst: Loperamide

Buy Shares in Important Works of Art

Damien Hirst: Loperamide

Buy Shares in Important Works of Art

Burbank, CA
Art
Collectibles
StartEngine Collectibles brings you an opportunity to diversify your portfolio with Damien Hirst, Loperamide, 2005, Household Gloss on canvas, 63 x 45 inches. Please note, StartEngine is granting Own Bonus Members priority access to these investments for the first 7 days this campaign is live.

$18,700

raised
18
Investors
$605K
Valuation
$10.00
Price per Share
$500.00
Min. Investment
Units
Security Type
Equity
Offering Type
$605K
Offering Max
Reg A+
Offering

$18,700

raised
18
Investors
$605K
Valuation
$10.00
Price per Share
$500.00
Min. Investment
Units
Security Type
Equity
Offering Type
$605K
Offering Max
Reg A+
Offering


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. StartEngine Collectibles Fund I, LLC is not currently accepting investments from FL and TX.


Reasons to Invest



  • History: Damien Hirst is a British artist who was a founder of the YBA (Young British Artist) movement in the 1980’s and 1990’s. He is well known for preserving dead animals such as his now famous The Physical Impossibility of Death in the Mind of Someone Living, where Hirst preserved and suspended a tiger shark.
  • Importance: This work, called Loperamide, is from his Pharmaceutical paintings, a subseries of his Spot paintings, where Hirst explores contemporary cultures' reliance on pharmaceuticals and drugs.





The Market


Fine art is an asset class that has consistently outperformed the S&P 500 over the last 25 years.

According to the Citi Global Art Market chart, Contemporary Art showed returns over 14% as of December 2020, versus a 9.5% annual return from the S&P 500. The same article found that over the 25 years, Contemporary Art (defined as works created from 1945 through now) recorded losses in only 4% of cases, over 3-year investment periods.


*Please note that these are historical returns for the art market as a whole, and do not reflect the value of or potential returns on the shares of our company or of any of our Series.

*This graph represents some auction results for comparable works but does not represent all sales for similar objects and does not represent sales of the work currently being offered by StartEngine Collectibles.

WHAT IS SE Collectibles?


StartEngine Collectibles is the future of alternative assets

StartEngine democratizes investment opportunities in assets once reserved for industry professionals and the affluent, by breaking down the barriers to entry such as marketplace access, industry insights, proper procurement, authentication, storage, and insurance for these alternative assets.

Alternative Investments:


The 2018 U.S. Trust Insights on Wealth and Worth survey on wealthy households found that while baby boomers and older investors rely primarily on traditional stocks and bonds, younger investors, especially millennials, are more likely to incorporate alternative strategies into their investment portfolios. 


Millennials allocate 17% to alternatives and assets other than stocks, bonds and cash. It also found that 61% of millennial investors think it’s not possible to achieve above-average returns by investing solely in stocks and bonds anymore, and are looking for alternative investments. For example, the report showed that millennials are the fastest-growing segment of art collectors, up 8% year-over-year and comprising 36% of total respondents. We believe these shifts in millennial investing tastes suggest there will be more interest in investing in alternative assets.


 



LINKS:

Hirst Counts the Dots, or at Least the Paintings


Interested in purchasing this investment opportunity outright? Email assets@startengine.com

Do you have artwork you would like to sell using Start Engine? Email assets@startengine.com.


No further investment commitments will be accepted for the current offering after 11:59pm PST on March 16, 2022. Commitments in the offering will be accepted up to that date and processed as promptly as possible. Processing may occur after commitments are no longer being accepted, but prior to closing. None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date in its sole discretion.


DISCLAIMER:

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.


THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE .


THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.


THERE IS NO EXPECTATION THAT AN ACTIVE PUBLIC OR PRIVATE MARKET WILL BE ESTABLISHED FOR THE SECURITIES IN THIS OFFERING, EITHER IN THE UNITED STATES OR ANY FOREIGN JURISDICTION, WHETHER THROUGH STARTENGINE SECONDARY, THIRD-PARTY REGISTERED BROKER-DEALERS OR OTHERWISE.  FURTHERMORE, EVEN IF A MARKET WAS ESTABLISHED, THERE IS NO GUARANTEE THAT FOREIGN INVESTORS WOULD BE ABLE TO PARTICIPATE IN TRANSACTIONS ON THOSE MARKETS.  STARTENGINE SECONDARY CURRENTLY DOES NOT, AND MAY NEVER ALLOW FOREIGN INVESTORS TO ESTABLISH OR MAINTAIN SUBSCRIBER ACCOUNTS REQUIRED TO TRADE SECURITIES ON THE ALTERNATIVE-TRADING SYSTEM.


NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.

NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.

AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. YOU MAY OBTAIN A COPY OF THE PRELIMINARY OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM HERE 

https://www.sec.gov/Archives/edgar/data/1841003/000110465922003661/tm2133841d3_1apos.htm



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Updates

Important Announcement

5 months ago

As many of you are aware, StartEngine Collectibles has been notifying the public about the number of days left to invest in Damien Hirst: Loperamide. Given the amount still available in the offering, StartEngine Collectibles has decided to adjust the final day to invest, which will now be May 30, 2022.


We appreciate your understanding and look forward to fulfilling the offering moving forward!


This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.

3 DAYS LEFT TO INVEST IN DAMIEN HIRST

5 months ago

StartEngine Collectibles is offering everyone the ability to invest in fine art through this Damien Hirst piece, Loperamide.


Contemporary art as a whole has seen a 13.6% price appreciation from 1995–2021 1H. The S&P 500, during this same time period, realized growth of 9.5%. (source: https://www.masterworks.io/)


Now is your chance to invest in this strong performing asset class as there are still 3 days left to invest. Invest today and become a contemporary art investor!


INVEST NOW


No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022.  Commitments in the offering will be accepted up to that date and processed as promptly as possible.  Processing may occur after commitments are no longer being accepted, but before closing.  None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.


This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.

5 DAYS AND COUNTING…

5 months ago

Did you know there are 88 dots on the DAMIEN HIRST: LOPERAMIDE? Maybe you were unaware, but we counted and we certainly are counting the number of days left to invest in the widely recognized piece of fine art! 

 

In fact, there are only 5 days left to invest. Trust us, we counted! 

 

INVEST NOW 

 

No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022.  Commitments in the offering will be accepted up to that date and processed as promptly as possible.  Processing may occur after commitments are no longer being accepted, but before closing.  None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion. 

 

This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering. 

QUESTIONS ABOUT INVESTING IN ART? JOIN STARTENGINE’S LIVE Q&A NEXT MONDAY 3/14

5 months ago

 

We know you have questions about investing in collectibles on StartEngine! So, we’re giving you a chance to get your burning questions answered LIVE.  

Join Leon Benrimon, Vice President of Assets and Collectibles on Monday, 3/14 at 2:00 PM PST/5:00 PM EST for this virtual event. 

Register Here
 

INVESTING IN ART LIVE Q&A | STARTENGINE COLLECTIBLES 

DATE: MARCH 14, 2022 

TIME: 2:00 PM PST / 5:00 PM PST 

We hope to see you there! 

10 DAYS LEFT TO INVEST IN DAMIEN HIRST: LOPERAMIDE

5 months ago

According to auction sales results since 2017, comparable items to the Damien Hirst: Loperamide piece have sold anywhere between $489,000-$607,500, making this item within range based on industry data. 


However, there are now only 10 days left to invest in this iconic artwork from the highly acclaimed Damien Hirst. Make your mark and invest in Dots!


INVEST NOW


No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022.  Commitments in the offering will be accepted up to that date and processed as promptly as possible.  Processing may occur after commitments are no longer being accepted, but before closing.  None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.


This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.

14 DAYS LEFT TO INVEST

6 months ago

There are only fourteen days left to invest in Damien Hirst: Loperamide, as no further investments will be accepted after 11:59pm PST on March 16, 2022. 


Did you know that fine art as an asset class has consistently outperformed the S&P 500 over the last 25 years?


According to a 2018 article published by a Citibank Global Art analyst, Contemporary Art showed returns over 14% as of December 2020, versus a 9.5% annual return from the S&P 500.  The same article found that over the 25 years, Contemporary Art (defined as works created from 1945 through now) recorded losses in only 4% of cases, over 3-year investment periods. 


Now is your opportunity to invest in the fine art asset class through this classic Damien Hirst piece!



INVEST NOW


No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 8, 2022.  Commitments in the offering will be accepted up to that date and processed as promptly as possible.  Processing may occur after commitments are no longer being accepted, but before closing.  None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.


This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.

You Can Now Own Shares of an Iconic Damien Hirst Piece!

6 months ago

Loperamide by Damien Hirst is now LIVE and available for you to invest in!


HIGHLIGHTS

  • History: Damien Hirst is a British artist who was a founder of the YBA (Young British Artist) movement in the 1980’s and 1990’s. He is well known for preserving dead animals such as his now famous The Physical Impossibility of Death in the Mind of Someone Living, where Hirst preserved and suspended a tiger shark.

  • Importance: This work, called Loperamide, is from his Pharmaceutical paintings, a subseries of his Spot paintings, where Hirst explores contemporary cultures' reliance on pharmaceuticals and drugs.


Check out this graph detailing auction results for Damien Hirst, Dots!


*This graph represents some auction results for comparable works but does not represent all sales for similar objects and does not represent sales of the work currently being offered by StartEngine Collectibles.

 

INVEST TODAY


This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.



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