Tuesday, August 23, 2011

Art and money at the Guggenheim

As the winner of the 2010 Hugo Boss Prize, Hans-Peter Feldmann received an honorarium of $100,000 and the opportunity to stage a show at the Guggenheim, where he chose to pin this exact amount to the gallery walls in a grid of overlapping one-dollar bills.

The curator of the project Katherine Brinson says: "Feldmann has a history of resisting the art world's commercial structures, issuing his work in unsigned, unlimited editions and retiring from art making altogether for nearly a decade in the 80s at which point he gave away or destroyed works remaining in his possession. Banknotes, like artworks, are objects that have no inherent worth beyond what society agrees to invest them with, and in using them as a medium Feldman raises questions about notions of value in art." Read more...
Image: installation view (detail) of Hans-Peter Feldmann's exhibition at the Guggenheim, NY which runs to 2 November 2011