The item is one of more than 200 art pieces from music artist George Michael's private collection that will go up on the auction block in London in March.
The sale of the collection represents a once-in-a-lifetime opportunity for collectors, art lovers and the star's legions of fans to acquire art that he owned, as well as supporting George Michael's long legacy.
Cristian Albu, co-head of Post-War and Contemporary at Christie's, said that Michael's collection "is a celebration of the YBA movement's spirit of creativity and adventure in the late 1990s".
He said Michael wanted "to celebrate a time in which new life was breathed into London", and began buying works by artists who became personal friends.
"He was introduced to Tracey Emin and from then everything is history", Albu said of Michael. "He was going to their studios and they were coming to his concerts".
Among the pieces is Hirst's "The Incomplete Truth", a glass case enclosing a dove preserved in formaldehyde, which could be valued at almost $2 million.
This undated photo provided by Christie's Images LTD. 2019, shows "The Incomplete Truth", a piece of art by Damien Hirst, presenting a dove in formaldehyde solution contained within glass, painted aluminum, silicone, acrylic and stainless steel.
Key works in the sale will include Tracey Emin's 'Drunk to the Bottom of My Soul' (2002) - a large-scale example of the artist's celebrated appliquéd blankets, which transform traditional textile-based media into vehicles for raw, confessional poetry. It will be on view in NY from February 8-11, Los Angeles from February 11-16 and Hong Kong from February 19-22. He satirized the potentially career-threatening moment in the song and video "Outside". He later bought three works by Craig-Martin, which included a urinal and handcuffs. Estimates for works offered in the online sale will start at £400, rising to £1.5 million on the top lots in the flagship live auction.
The proceeds from the auction will go towards continuing Michael's philanthropic work.
Jussi Pylkkanen, global president of Christie's, said: "We are delighted to be organising this major auction of The Collection of George Michael to allow his philanthropic work to continue".
Michael burst to fame in the 1980s with pop duo Wham! and went on to sell more than 100 million albums around the world.
The trustees for the star, who died on Christmas Day 2016, remarked on how philanthropic work was "hugely important" to George Michael during his lifetime.