Artist draws his own bank notes and 'spends' them.

donegal__road

Because there is another thread on AH at the moment entitled 'do you know how money is made?'.. it reminded me of a film I watched some years ago called Money Man, which is about an artist who draws his own money and spends it.

Since the mid 80's, artist BSJ Boggs has been drawing his own money with a rotary pen. He calls these banknotes 'Boggs Bills' which he spends only for their face value. If he draws a $100 bill, he exchanges it for $100 worth of goods. He then sells any change he gets, plus the receipt, and sometimes the goods he purchased as his "artwork".

He also informs art collectors of where he has 'spent' these notes in case they want to track them down and purchase them. To date, he has spent over $250,000 worth of Boggs Bills which he has hand drawn.

The reason he avoids criminal liability for counterfeiting is that he does not claim his artworks are money...rather he sells his notes.

https://www.youtube.com/watch?v=gEtKSqzpj0Q

BeerWolf

That's a man?

So he's drawn 2500 $100 notes ? I'll give him dedication... jez.

donegal__road

BeerWolf wrote: »

That's a man?

So he's drawn 2500 $100 notes ? I'll give him dedication... jez.

he draws notes of different values.. here is a $5,000 bill.

SEPT 23 1989

The K Foundation burning 1 million pounds is my favourite money related art

BeerWolf

So what sets the value of his Art of one piece, the $100, less worth than the $5000 ? Both would've taken roughly the same amount of time to create, no ?

donegal__road

BeerWolf wrote: »

So what sets the value of his Art of one piece, the $100, less worth than the $5000 ? Both would've taken roughly the same amount of time to create, no ?

I think that as time went on, and he became more widely known, the demand for his art increased so he started to draw notes of a higher face-value.

stimpson

SEPT 23 1989 wrote: »

The K Foundation burning 1 million pounds is my favourite money related art

Mine was the bank bailout.

evolving_doors

Banksy printed a load before and threw them around at a party. Of course theyre worth more than 'face' value now etc..
At least it saves having to go to an art dealer with a piece of wall under your arm.

evolving_doors

donegal__road wrote: »

I think that as time went on, and he became more widely known, the demand for his art increased so he started to draw notes of a higher face-value.

Then again the older lower value ones would have become rarer as they were the first..

jester77

meh, I know lads who draw their own money every week at the post office, and it doesn't take them as long as this guy

spurious

'their own money'

Ha.

The One Doctor

spurious wrote: »

'their own money'

Ha.

The money they're entitled to then. Are you being pedantic just for pedantry's sake?

Oh wait, I see you're associated with teaching. Never mind.

spurious

entitled
Celtic cubs.

donegal__road

Armelodie wrote: »

Then again the older lower value ones would have become rarer as they were the first..

I never thought of that, there are many angles to this.

His first Boggs Bill was a $1 bill he drew in a diner in Chicago in 1984. I just read that one of his 'transactions' sold for $420,000 in 1999. You can pick up one of his regular bills online for as little as $200 up to $2,000.

He has also drawn several $100,000 bills.. he says he uses these to pay his lawyers.




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