Product details
- ISBN 9781845134075
- Dimensions: 129 x 197mm
- Publication Date: 18 Mar 2012
- Publisher: Quarto Publishing PLC
- Publication City/Country: GB
- Product Form: Paperback
- Language: English
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'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 . . .
