Art For Money’s Sake: Documentary ‘The Price Of Everything’ Takes Wary Look At Billion Dollar Commerce in Canvases

  • Deadline
Art For Money’s Sake: Documentary ‘The Price Of Everything’ Takes Wary Look At Billion Dollar Commerce in Canvases
The new documentary The Price of Everything is nothing if not layered—kind of like an onion. And like an onion, the more you peel into it, the more it makes you want to cry.

Nathaniel Kahn’s complex film explores the dynamics of the contemporary art world where individual works regularly fetch astronomical amounts at auction: $91.9 million earlier this week for Edward Hopper’s canvas “Chop Suey,” and $110.4 million last year for an untitled Jean-Michel Basquiat painting that sold for $19,000 in 1984.

The sums have become so impressive that money managers now promote art collecting to the wealthy as an “investment asset class,” as the accounting firm Deloitte once put it. According to a report by Artprice, “the world leader in art market information,” between July 2016 and June 2017 contemporary art “generated a global auction turnover of $1.58 billion.”

“I very much wanted to investigate in this film this hyper-commoditized environment that we are in,
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