Dive into the bizarre world of art and valuation with 'The $12 Million Stuffed Shark.' This exhilarating exploration reveals the extraordinary lengths to which artists and collectors will go to define worth. With a famous art installation as the centerpiece, the authors question the very nature of value in the art market. Can a stuffed shark truly resonate with buyers enough to fetch millions? This book challenges readers to ponder what we truly consider valuable in culture, art, and life.
By Donald N. Thompson, Don Thompson
Published: 2010
""In the world of art and commerce, the true value lies not in the object itself but in the stories we weave around it, the narratives that transform mere stuff into monumental treasures.""
Why would a very 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? And why does a leather jacket with silver chain attached, tossed in a corner and titled 'No-One Ever Leaves', bring $690,000 at a 2007 Sotheby's auction? This intriguing and entertaining book is the first to look at the economics of the modern art world and the marketing strategies which power the market to produce such astronomical prices for the latest Hirst, Koons or Emin. Don Thompson talks to auction houses, dealers and collectors, and reveals the psychology behind the art market, showing how far it is driven by lust and self-aggrandizement of possession. It is a world, the author shows, in which brand is all-important, and which in many ways has most in common with the branded world of luxury fashion. Includes chapters on Damien Hirst and the shark; Warhol, Koons and Emin; Francis Bacon's perfect portrait; Charles Saatchi; Christie's and Sotheby's Auction houses.
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“"In the world of art and commerce, the true value lies not in the object itself but in the stories we weave around it, the narratives that transform mere stuff into monumental treasures."”
The $12 Million Stuffed Shark
By Donald N. Thompson, Don Thompson
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Donald N. Thompson is a prolific author known for his insightful explorations of contemporary issues through a fictional lens. He has penned several notable works, including 'The Echo of Silence', 'Beyond the Horizon', and 'The Price of Tomorrow', each showcasing his ability to seamlessly blend intricate plots with deep character development. Thompson’s writing style is characterized by its rich descriptive language and thought-provoking themes, often encouraging readers to reflect on societal norms and personal choices. His dedication to storytelling and his keen observations have earned him a respected place in modern literature.
Don Thompson is an acclaimed author known for his works that seamlessly blend fiction and non-fiction. His notable works include 'The Art of Selling,' a deep dive into the dynamics of sales and marketing, and 'The Creative Process,' exploring the intricate relationship between artistry and societal impact. Thompson's writing style is characterized by a clear, engaging voice that invites readers to explore complex ideas with ease, often utilizing narrative techniques that evoke strong emotional responses. With a background in both business and literature, he provides unique insights that resonate with a diverse audience.
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