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

Type
Book
Authors
ISBN 10
1845134079 
ISBN 13
9781845134075 
Category
Art Theory/Philosophy  [ Browse Items ]
Publication Year
2011 
Publisher
Pages
304 
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 Dollar Stuffed Shar'k is the first book to look at the economics of the modern art world, and the marketing strategies that 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 one of the highest-earning artists in the world. - from Amzon 
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