Dec 28, 2015
In 2013 I decided to further develop my interest in the aesthetic value of money and its properties as an exchange system. I would create my own currency in print/paper form, which would not only function as a hand printed work of art in itself, but also as a means of exchange. The project included a crowd funding strategy in which contributors from many countries around the world would later receive the equivalent amount of their monetary contribution in the art currency created. Participants would thereby be funding its production, hence the title of the project: It Takes Money to Make Money (2013-2014). I worked towards these objectives during my residency in Buenos Aries, Argentina, in Proyecto ‘Ace, producing the counterfeit proof bills there, through contemporary printmaking processes. This experience was funded entirely by the project’s contributors. Later the art/money produced was handed back to them (in equal amounts to their initial contributions) and they had the possibility of exchanging this currency for other artworks or keeping it as a work in itself.
Project on Proyecto ‘Ace: http://www.proyectoace.org/en_mauricio-herrero
Promotional video on Art Nerd New York: http://art-nerd.com/newyork/it-takes-money-to-make-money-help-an-artist-become-a-collector/