Pricing Case Study: How Do You Price a Taxidermied 19th Century Horsehair-Stuffed Whale Penis?

Valuing an item for pricing can sometimes become a herculean task. The standard methods don't apply.

“In terms of shock value, little could compete with a late 19th-century horsehair stuffed sperm whale penis - an impressive 1.67m long. Consigned to the auction house by a private collector, who had owned it for about 20 years.” - Sworders Fine Art Auctioneers Catalog.

Pricing’s fundamental task is to establish and then earn the economic value of object…