9780230620599

The $12 Million Stuffed Shark The Curious Economics of Contemporary Art

  • ISBN 13:

    9780230620599

  • ISBN 10:

    0230620590

  • Format: Paperback
  • Copyright: 04/13/2010
  • Publisher: St. Martin's Griffin

Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)

Extend Your Rental at Any Time

Need to keep your rental past your due date? At any time before your due date you can extend or purchase your rental through your account.

Rental Options

List Price $18.99 Save

Free Shipping Free Shipping On Every Order
Usually Ships in 2-3 Business Days

Summary

Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock's drip paintingNo. 5, 1948sell for $140 million?Intriguing and entertaining,The $12 Million Stuffed Sharkis aFreakonomicsapproach to the economics and psychology of the contemporary art world. Why were record prices achieved at auction for works by 131 contemporary artists in 2006 alone, with astonishing new heights reached in 2007? Don Thompson explores the money, lust, and self-aggrandizement of the art world in an attempt to determine what makes a particular work valuable while others are ignored.This book is the first to look at the economics and the marketing strategies that enable the modern art market to generate such astronomical prices. Drawing on interviews with past and present executives of auction houses and art dealerships, artists, and the buyers who move the market, Thompson launches the reader on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, revelatory,The $12 Million Stuffed Sharkreveals a great deal that even experienced auction purchasers do not know.

Author Biography

Read more

Table of Contents

Read more

Write a Review