In the fall of 2014, visitors to Sotheby's and Christie's New York auctions spent $1,700,000,000 on works of contemporary art in forty-eight hours. Some lots immediately after purchase were sent to a duty-free warehouse in the port-franco zone - sharing the fate of millions of other works of art, awaiting profitable resale languishing in similar warehouses around the world. One of Jeff Koons' five sparkling "Balloon Dogs" sold at auction for a record price, 50% more than the previous record price for a work by a living artist. Christopher Wool's painting "Apocalypse Now" - four lines of black text on a white background - sold for $28,000,000. These and other fantastic stories from the everyday life of the art market are analyzed in his book "Orange Balloon Dog" by the economist and author. bestseller How to Sell a Stuffed Shark for $12 Million by Don Thompson, lifting the lid on how the “price of art” is determined and changing in the hot spots of the contemporary art market from New York to London, Singapore and Beijing.