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The $12 Million Stuffed Shark: The Curious…
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The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art (Original 2008; 2010. Auflage)

von Don Thompson (Autor)

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362470,916 (3.75)7
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 listener on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, and revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced auction purchasers do not know.… (mehr)
Mitglied:amandafrench
Titel:The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art
Autoren:Don Thompson (Autor)
Info:St. Martin's Griffin (2010), Edition: 1, 272 pages
Sammlungen:Lese gerade
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The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art von Don Thompson (2008)

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So I actually haven’t read this book because I think the Kindle edition is too expensive and then I found out the Kindle edition doesn’t even have the photos that you would need to understand what the book is talking about. This book published in 2010 is already outdated and the other reviewer say you won’t learn very much about how to play the art market when you read this book you’ll just learn about the interesting stuffed shark, etc.. ( )
  laurelzito | Jun 6, 2023 |
If you don’t follow art trends within the market then you will hate this book. It is a lot of numbers about sales, and the only reason it would be thrilling to a reader is if they’re interested in professional art. Working as an art handler on and off over the course of 2011, I had a very limited view of the art market. I understood that it was a game for the rich, and in many ways, fixed. The $12 Million Stuffed Shark may not be 100% factual but it will still open your mind to many realities that, until now, have been kept hidden. What is the difference between an art dealer, a gallery, and an auction house? Why is contemporary art catching up in prices with the old masters? Why do some artists with limited talent still get into big galleries? Is art a good investment? Why is it so important to be branded? All of these questions, and more, are answered in this book. If you are planning to go to art school, become an artist, or already are one, this is a mandatory read, especially if you hope to find even a little success in the gallery system. This has warped my thinking. I feel as if many of the mysteries of the art world have been revealed. I feel like an insider now. Thank you Don Thompson. ( )
  EthanMinsker | Jul 31, 2013 |
A curious and intoxicating read that will leave you dizzy with amazement tinged with disappointment over the contemporary art market. ( )
  artlibby | Jan 31, 2010 |
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One problem for the agent trying to sell the stuffed shark was the $12 million asking price for this work of contemporary art.
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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 listener on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, and revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced auction purchasers do not know.

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