at 4:52 AM
Money is art, quite literally! Last November, German conceptual artist Hans-Peter Feldmann won the eighth Biennal Hugo Boss Prize, a biannual award bestowed by the Solomon R. Guggenheim Foundation for significant achievement in contemporary art. The winner also received $100,000.
Feldmann decided to give back to the museum in a unique way. He used the money to create an installation that involved tacking one-hundred thousand dollar bills to the large gallery off the Frank Lloy Wright ramp!
“I’m 70 years old, and I began making art in the ’50s,” Mr. Feldmann shares. “At that time there was no money in the art world. Money and art didn’t exist. So for me, $100,000 is very special. It’s incredible really. And I would like to show the quantity of it.”
It took about thirteen days to complete the installation with out-of-circulation bills. The money walls are on display now till November 2, 2011.