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Twenty thousand dollars, consisting of one hundred dollar bills, was presented as a simple sculptural object for auction through a fine art auction house in Sydney. The material/money for the work was sourced from a “New Work Established grant“ from the Visual Arts and Craft section of the Australia council for the Arts.
The currency used in the creation of the work was not altered or modified and retained its potential function and value as currency. However each hundred dollar bill had its serial number recorded to validate it as an authentic part of the work, thereby instilling a cultural value on top of the financial value. The tension between the economic value of the material against the cultural value of the art object was explored through the process of the financial transaction enabled by the auction.
Sydney Exhibition
thursday 18th to sunday 21st august
11am to 6pm
55 oxford St (cnr pelican st)
surry hills 2010
ph: 02 9297 0600
Melbourne Exhibition
thursday 25th to tuesday 30th august
11.00 am - 6.00 pm
105 commercial road
south yarra 3141
ph: 03 9865 6333
AUCTION
wed 31st
august 2011
Was held at Melbourne address
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Documentation of
Australia council
New Work grant.$20,000
2011
This project has been assisted by the Australian Government
through the Australia Council, its arts funding and advisory body
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