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Twenty thousand dollars was exhibited at the NARS Foundation in New York on Friday the 15th of Apri 2013 as part of an exhibition titled Currency. The money was sourced from a Visual Arts and Craft grant from the Australia Council for the Arts and was used to purchase new notes (with consecutive serial numbers) from the office of Federal Reserve in the United States of America. The new notes were placed in two bundles and exhibited as an art object.
The serial numbers of all the notes were recorded to validate their authenticity. The artwork was then released into public circulation on Monday the 19th of March 2013 through a series of bank deposits around New York City.
In doing so the gallery system is substituted by the banking system as a way to disseminate this work to the public. Those who come into contact with the notes have the option to value them as an art object or to ignore them and treat them as legal tender.
The credit accrued from banking the US bills was used to purchase a series of Euro notes, for the Currency release #2 in Berlin. Likewise, the credit from banking the notes from the Berlin Release will go towards a release in another currency. With each subsequent release the financial amount is diminished (due to conversion fees incurred). This ongoing process of exchange will attempt to progressively encompass all of the currencies of world.
Currency Global Release Project
List of serial numbers coming soon.
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Currency release #1
Australia council
New Work grant
converted into $20,000 US
A series of 200 new uncirculated 100 dollar bills.
with consecutive recorded serial numbers
2013
This project has been assisted by the Australian Government
through the Australia Council, its arts funding and advisory body
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