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The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art and Auction Houses

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Exposing economics and extravagance in contemporary art.

If the inconceivable prices of modern art baffle you, "The $12 Million Stuffed Shark" is a compelling guide through this enigmatic territory. It’s like a backstage pass to the glitz of galleries and cutthroat auction houses. With Thompson's insights, you'll explore what drives the value of artwork sky-high, making sense of an often irrational market. Whether you're an art aficionado or an economic enthusiast, this book is sure to demystify the complexities behind those hefty price tags.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
New

The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art and Auction Houses

Regular price RM40.73 MYR
Unit price
per
Compare to estimated retail price: RM66.79 MYR  
ISBN: 9781845134075
Authors: Don Thompson
Publisher: Aurum Press
Date of Publication: 2011-01-01
Format: Paperback
Related Collections: Sociology, Business, Art, History, Economics
Goodreads rating: 3.87
(rated by 5847 readers)

Description

Why would a smart New York investment banker pay twelve million dollars for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock's drip painting No. 5, 1948 sell for $140 million? The $12 Million Stuffed Shark is the first book to look at the economics of the modern art world and the marketing strategies which power the market to produce such astronomical prices. Don Thompson talks to auction houses, dealers, and collectors to find out the source of Charles Saatchi's Midas touch, and how far a gallery like White Cube has contributed to Damien Hirst becoming the highest-earning artist in the world.
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Exposing economics and extravagance in contemporary art.

If the inconceivable prices of modern art baffle you, "The $12 Million Stuffed Shark" is a compelling guide through this enigmatic territory. It’s like a backstage pass to the glitz of galleries and cutthroat auction houses. With Thompson's insights, you'll explore what drives the value of artwork sky-high, making sense of an often irrational market. Whether you're an art aficionado or an economic enthusiast, this book is sure to demystify the complexities behind those hefty price tags.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.