“When bankers get together for dinner, they discuss Art. When artists get together for dinner, they discuss money.”
– Oscar Wilde
Above video edited by Daniel Nogueira. Filmed by Daniel Nogueira and Andrea Montenegro.
A Dutch artist, Dadara, has founded the Exchangibition Bank which prints art as money (or is money as art?). You can buy their bank notes at the current exchange rates using other currencies, and then use the notes to exchange for other goods and services.
From Art as Money:
During today’s financial crisis, art has been frequently cited as an advantageous alternative asset class. But do the millions of dollars that might buy you a Koons or a Picasso speak about the social and spiritual value?
Do you want to buy art as an artifact of beauty and spirituality or as a financial investment? Money has always invested in art, though in an admiring, even worshipping way, since it respected art as its superior, something, which can’t be measured by financial values. But today’s hyper-investment in art seems to be an implicit attempt to overwhelm it, demonstrating in this way that money is superior to art.
Some of Exchanghibition Bank’s stunning bank notes:
Here’s a video of a talk about the project at a Pecha Kucha evening in Amsterdam: