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Damien Hirst’s shark floating in a tank of formaldehyde, recently sold for $12 million to US billionaire hedge fund manager Steve Cohen, is disintegrating and will need extensive conservation work to prevent it from further deterioration, Gareth Harris writes in the Art Newspaper. This is the view of conservation scientists and natural history specialists who say that the bigger a specimen, the more difficult it is to preserve long-term in formaldehyde. The shark has deteriorated noticeably to the naked eye since it was first unveiled at the Saatchi Gallery in 1992. The formaldehyde solution in which it is suspended is murky while the skin of the animal is showing signs of wear and tear.