The $12 Million Stuffed Shark
The Curious Economics of Contemporary Art
Format:Paperback
Publisher:Quarto Publishing PLC
Published:18th Mar '12
Should be back in stock very soon

'Fabulous and entertaining guide to the craziness that is the contemporary art world.'
'An incredibly rich, insightful piece of non-fiction that addresses the vast majority of questions you would ask yourself as a contemporary art enthusiast.'
Understand the curious economics of contemporary art.
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? This book sheds light on the modern art world and the marketing strategies that power the market to produce such astronomical prices; the money, lust and self-aggrandizement.
Drawing on interviews with past and present executives of auction houses and art dealerships, artists and the buyers who move the market, Don Thompson launches us on a journey of discovery through the peculiar world of modern art to reveal the source of Charles Saatchi’s Midas touch, how far a gallery like White Cube has contributed to Damien Hirst becoming one of the highest-earning artists in the world, and much, much more . . .
'If you read no other book about art in your life, read the one that's gripped me like a thriller for the past two days.’ – Richard Morisson
‘This enthralling, revelation-rich trip through the “money game” of the art market brings an economist’s eye – and a dry, sceptical wit- to its absurdities.’
‘Don Thompson is an entertaining sceptic when it comes to contemporary art…a much-needed attempt to get to grips with the mysteries of the art market…Thompson’s knowledge of markets and law is a convincing and informative read.’
'If you read no other book about art in your life, read the one that's gripped me like a thriller for the past two days.’ – Richard Morisson
‘ This enthralling, revelation-rich trip through the “ money game” of the art market brings an economist’ s eye – and a dry, sceptical wit- to its absurdities.’
'Intriguing and readable'
‘ Don Thompson is an entertaining sceptic when it comes to contemporary art… a much-needed attempt to get to grips with the mysteries of the art market… Thompson’ s knowledge of markets and law is a convincing and informative read.’
ISBN: 9781845134075
Dimensions: unknown
Weight: unknown
304 pages