The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art CastlePoint_May9 Some went on to create

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The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art CastlePoint_May9 Some went on to createWhy 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