Eisenstein's adaptation of Karl Marx's Capital (1927-1928) is a phantom in a double sense: although never realized, it has nonetheless haunted the imagination of many filmmakers, historians, and writers to the present day, most recently with Alexander Kluge's News from Ideological Antiquity: Marx - Eisenstein - Capital. Furthermore, its first public materialization - a ten-page fragment of the director's work diaries - was marked by what remained absent: Eisenstein's images and working materials. Dance of Values aims to conjure the phantom of Capital once again - only this time on the basis of the full scope of Capital's archival body. This visual instruction in the dialectical method, as Eisenstein himself called it, comprises over 500 pages of notes, drawings, press clippings, expression diagrams, plans for articles, negatives from October, theoretical reflections, and extensive questions.