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FEATURES
62 The All-Stars
It pays to know who’s who in the game of art finance.
Here’s our guide to the MVPs. By Ernest Beck
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70 Charity Cases
As benefit art auctions boom, organizers scramble
to keep up with demand. By Lindsay Pollock
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DEPARTMENTS
8 From the Editor
In determining the value of an extraordinary
artwork, love is never far from the equation.
Read the Letter
13 The Color of Money
Economist Don Thompson tackles the art market in an
exclusive excerpt from The $12 Million Stuffed Shark.
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20 The Pleasure Principal Speaking of art and money, Peter Plagens comes across an economic study that attempts to quantify the pleasure principal.
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22 The Wise Men
A pair of ex-financiers who now trade art for a living
offer their take on investing. By Sarah Douglas
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27 Taxing Matters
Behind the scenes of the insider art panel that
advises the IRS.
By Judith H. Dobrzynski
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33 You Can't Take it With You
An estate plan for your art can prevent a nightmare
for your heirs.
By Thomas and Charles Danziger
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39 The Greatest Temptations
Souren Melikian looks back at all the artworks
he wishes he had bought during the past year.
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48 Going, Going, Gone In the art market, sometimes the deals that don’t happen are just as memorable as the ones that do.
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51 A Fund's New Dawn
The manager of Russia’s richest art fund gives a
rare interview to Art+Auction. By John Varoli
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55 Anatomy of a Deal
The making and selling of the Estella collection
sheds light on today’s market. By Judd Tully
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