Book Review: Art of the Deal

Author: Noah Horowitz Publisher: Princeton University Press Book Review by: Paiso Jamakar If you listen to television news these days about the prices some paintings are being bought for at auctions – in the millions of dollars – you wonder most of the time how the sellers come up with the such high starting prices to begin with. And it also makes you wonder how art collectors who bid at these auctions arrive at a value for any painting they want to buy, especially when the bid price is in the hundreds of thousands, or even millions of dollars....

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