Description
Book Synopsis: 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 painting No. 5, 1948 sell for $140 million? Intriguing and entertaining, The $12 Million Stuffed Shark is a Freakonomics approach 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 both 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 Shark reveals a great deal that even experienced auction purchasers do not know.
Details
Are you curious about why a stuffed shark could be worth $12 million? Or how a single painting can fetch a price tag of $140 million? Dive into the intriguing world of contemporary art economics with "The $12 Million Stuffed Shark" book. This captivating read takes a Freakonomics approach to uncover the secrets behind the exorbitant prices in the art market.
Discover why certain artworks by 131 contemporary artists achieved record-breaking prices in just one year. Delve into the psychology and economics that drive the art world's obsession with self-aggrandizement, lust, and money. With The $12 Million Stuffed Shark, author Don Thompson explores why some artworks become immensely valuable while others go unnoticed.
Unveiling the marketing strategies and behind-the-scenes interviews with industry insiders, this book unveils the mysteries of the art market. Experience the excitement, passion, and revelation that only the peculiar world of modern art can bring. Get ready to be surprised with the hidden secrets that even experienced auction purchasers are unaware of.
Get a deep understanding of the contemporary art market's unique dynamics and the factors that propel prices to astronomical heights. Whether you are an art enthusiast, investor, or simply curious about the mysterious art world, The $12 Million Stuffed Shark is a must-read to gain insider knowledge.
Don't miss the chance to embark on an eye-opening journey through art's curiously lucrative domain. Click here to grab your copy and explore the fascinating economics and marketing strategies that shape the modern art market.
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