The $12 Million Stuffed Shark: The Curious Economics 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…


The 12 Million Stuffed Shark


Author by : Don Thompson
Languange Used : en
Release Date : 2012-02-21
Publisher by : St. Martin's Press


Description : 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? Intri...

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The Supermodel And The Brillo Box


Author by : Don Thompson
Languange Used : en
Release Date : 2014-05-27
Publisher by : St. Martin's Press


Description : Acquiring contemporary art is about passion and lust, but it is also about branding, about the back story that comes with the art, about the relationship of money and status, and, sometimes, about cel...

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The Orange Balloon Dog


Author by : Don Thompson
Languange Used : en
Release Date : 2017-04-08
Publisher by : Douglas & McIntyre


Description : Within forty-eight hours in the fall of 2014, buyers in the Sotheby’s and Christie’s New York auction houses spent $1.7 billion on contemporary art. Non-taxed freeport warehouses around the globe ...

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Contemporary Perspectives On The Detection Investigation And Prosecution Of Art Crime


Author by : Dr Saskia Hufnagel
Languange Used : en
Release Date : 2014-10-28
Publisher by : Ashgate Publishing, Ltd.


Description : In the world of law enforcement art and antiquity crime has in the past usually assumed a place of low interest and priority. That situation has now slowly begun to change on both the local and intern...

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