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The Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market
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The Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market

3.77  ·  Rating details ·  43 ratings  ·  7 reviews
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 are stacked with art held for speculation. One of Jeff Koons’ five chromium-plated stainless steel balloon dogs sold for 50 percent more at auction than the previous record for an ...more
Paperback, 240 pages
Published April 8th 2017 by Douglas & McIntyre (first published 2017)
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3.77  · 
Rating details
 ·  43 ratings  ·  7 reviews


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Olga Zbranek Biernátová
Předchozí Thompsonovy knihy byly pro laika určitě lepší, šťavnatější, zajímavějši. Tahle je hodně orientovaná na ekonomiku a trh a méně už na umělce a další aktéry uměleckého dění.
Barbara Klein
Oct 07, 2018 rated it it was amazing
Shelves: 2018
Thought I'd be bored and maybe skim certain chapters since the financial end of art isn't exactly my strong point but I was pleasantly surprised by how readable, enjoyable and entertaining this book was. And how informative. It burst any remaining tiny assumptions I'd held about the current art world. Galleries are larger, all about space, the more space, the more prestige. Art is also getting larger and more vacuous in order to fit into those mammoth white boxes. Its all pretty dispiriting but ...more
Vinay
Nov 22, 2017 rated it really liked it
Decent read, essentially a 101 on the Contemporary Art market. Things I found interesting

- The ways in which a good with no intrinsic value (like, say, bullion) with unique characteristics (unlike bullion) is priced. Makes sense that market makers (auctioneers, dealers), outsized players (famous collectors) and a few firms attempting to add transparency (Artsy et al) define prices at the high end of the market.
- Also cool that the industry isn’t regulated and the Courts have made interesting ru
...more
Lauren
Feb 01, 2018 rated it it was ok
Shelves: art-non-fiction
Interesting info about how the contemporary art market is changing and having to adapt to consumers preferences. A bit dense so it was hard to force myself to keep reading it. Not nearly as fun or interesting as his other books on contemporary art.
Vasyl Pasternak
Nov 24, 2018 rated it it was amazing
A book about complete new world of high priced art, auctions, exhibitions, fakes, tax avoidance and marketing. Very interesting nosedive into how rich people spend their fortunes.
David Baker
Jan 14, 2018 rated it really liked it
Interesting, educational, entertaining and concise. Explains the business angles surrounding the contemporary art market.
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