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Another Modern Art Masterpiece


Ruffneck

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Guy takes a $20,000 grant from the Australian government to make "art".

Chucks $20,000 in notes up for auction and banks the profits.

Is this guy even worse than Tracey Emin?

http://www.huffingtonpost.com/2011/08/30/cash-goes-up-for-auction-_n_942705.html

Sydney artist Denis Beaubois must be doing well--his latest work is almost guaranteed to sell at auction. But this is no traditional art auction, and the "work" up for sale is a pile of money. No, it's not a sculpture made out of money or a careful arrangement of bills. It's just a pile of money, titled "Currency" and allegedly intended to inspire audiences to think about the art market and the boundaries of conceptual art.

According to Australia's Herald Sun, the work "was funded through a $20,000 Australia Council grant, converted into two bundles of unused $100 notes and called art."

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Guy takes a $20,000 grant from the Australian government to make "art".

Chucks $20,000 in notes up for auction and banks the profits.

Is this guy even worse than Tracey Emin?

http://www.huffingtonpost.com/2011/08/30/cash-goes-up-for-auction-_n_942705.html

Sydney artist Denis Beaubois must be doing well--his latest work is almost guaranteed to sell at auction. But this is no traditional art auction, and the "work" up for sale is a pile of money. No, it's not a sculpture made out of money or a careful arrangement of bills. It's just a pile of money, titled "Currency" and allegedly intended to inspire audiences to think about the art market and the boundaries of conceptual art.

According to Australia's Herald Sun, the work "was funded through a $20,000 Australia Council grant, converted into two bundles of unused $100 notes and called art."

It highlights that art market practises are identical to Central Banks'. If you look at how the Warhol Foundation works the similarities ar estriking, eg they limit supply of artworks and don't sell works to just anyone (eg you have to be a museum or "foundation" that is unlikely to sell to get one) in order to keep the price up

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