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Business of Art - The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art

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 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 intrigued by the world of contemporary art? Do you want to unravel the mysteries behind the astonishing prices artworks sometimes fetch? Look no further than "The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art". This extraordinary book takes you on a captivating journey through the labyrinthine art market, shedding light on the hidden forces at play. With its insightful analysis and engaging storytelling, this book is a must-read for art enthusiasts and collectors alike.

Discover the secrets behind record-breaking art sales and gain a deeper understanding of how the art world operates. "The $12 Million Stuffed Shark" explores the intricate relationship between art and money, exposing the unique dynamics that can transform a simple painting into a multi-million dollar masterpiece. Whether you're a seasoned collector or just dipping your toe into the art market, this book will equip you with unparalleled knowledge and insights.

Written by renowned art critic Don Thompson, "The $12 Million Stuffed Shark" is a masterclass in art economics. Thompson's expertise and years of research are evident as he demystifies the inner workings of auctions, galleries, and the motivations of collectors. This book is not only a valuable resource but also an entertaining read, making it accessible to anyone with a curiosity for the art world.

If you're ready to delve into the fascinating realm of contemporary art, "The $12 Million Stuffed Shark" is the ultimate guide. Don't miss out on this opportunity to unravel the mysteries and gain a fresh perspective on the economics of art. Purchase your copy today and embark on an enlightening journey that will forever change the way you perceive the art market. Click here to order now!

Disclosure: I get commissions for purchases made through links in this website