The value of art

What is art worth? How can a work by Warhol be sold for more than $100,000,000? This critically acclaimed book, newly revised, updated, and generously illustrated throughout, explains the market for art--and art´s value for all of us. In The Value of Art, internationally renowned art dealer and market expert Michael Findlay offers a lively and authoritative tour of the art world informed by almost a half-century in the business and a passion for great art. With style and wry wit, Findlay explores how art acquires value--both commercial and social--and how these values circulate among the artists, dealers, and collectors that comprise today´s complex and constantly evolving art world. In the process he demystifies how art is bought and sold while also constantly looking beyond sales figures to emphasize the primacy of art´s essential, noncommercial worth. Coloring his account with wise advice, insider anecdotes involving scoundrels and scams, stories of celebrity collectors, and remarkable discoveries, Findlay has distilled a lifetime´s experience in this indispensible guide for today´s art lover.