The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art

I love the book for the thorough research that the author has presented. He covers the art 'industry', if one might call it that, from all perspectives – Artists, Auction Houses, Dealers, Collectors and Museums etc.

The book is filled with all sorts of trivia and insights about the hows and whys of valuing a contemporary piece of art. It is a great read if you are genuinely interested, but you may find it verbose and boring if you approach the book in a half-hearted manner.