To all my artists friends, this is the book for you to read! The $12 million Stuffed Shark by Don Thompson.
The book tells you 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?
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 reader on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced auction purchasers do not know.
Well the above paragraphs are from the book cover but i think it sum up really well what the book is about. I found i can relate to some of the topic really well especially when Thompson talk about artists and their career.
The book give me more understanding of the art world or art market and my place in the art world!
เปิด ตัวแล้ว Desingn Australia งานนิทรรศการ ผลงานออกแบบของ เหล่าDesigner ชาว Australia แวะไปชมกันได้ที่ Siam Discovery ระหว่างวันที่14 - 26 เดือนนี้ 
