Collecting Art on Dollar Bills and the Shift from Aura to Authenticity Certificates
There's an intriguing art collection out there that uses US dollar bills, featuring works by famous artists like Andy Warhol, Keith Haring, Banksy, Michelangelo Pistoletto, and Dan Tague. It all kicked off when an Italian artist traded a drawing for a Warhol-signed bill, which led to more pieces being commissioned. In April 2018, the collection was showcased at Rosso27 in Rome, titled "Art is Money – Money is Art," and it later made its way to New York and Bogotá in 2019. The discussion also touches on how Walter Benjamin's idea of "aura" has shifted to authenticity certificates, noting that many organizations stopped providing them after 2011. Joel Wachs highlighted the goal of ensuring that artists benefit directly, not lawyers, leading to the formation of the CAA on June 7, 2018.
Key facts
- Collection of art on original US dollar bills includes Warhol, Haring, Banksy, Pistoletto, Tague.
- Exhibition 'Art is Money – Money is Art' at Rosso27 Rome in April 2018.
- Exhibition module exported to New York and Bogotá in 2019.
- Warhol, Haring, and Basquiat foundations stopped issuing authentications after 2011.
- Joel Wachs: 'we wanted our money to go to artists and not to lawyers'.
- New York State Legislature act in May 2014 to limit lawsuits against authenticators.
- Counterfeit 10,000 lire note with false Beuys attribution distributed by Radical Party in 1997.
- Court of Arbitration for Art (CAA) established in The Hague on June 7, 2018.
Entities
Artists
- Andy Warhol
- Keith Haring
- Banksy
- Michelangelo Pistoletto
- Dan Tague
- Joseph Beuys
- Jean-Michel Basquiat
- Giorgio de Chirico
- Mario Schifano
- Walter Benjamin
- Julia Gruen
- Joel Wachs
- Edoardo Marcenaro
- Consuelo Mura
- Alessio Deli
Institutions
- Rosso27
- Andy Warhol Foundation for the Visual Arts
- Keith Haring Foundation
- Jean-Michel Basquiat Foundation
- New York State Legislature
- Milan Chamber of Arbitration (CAM)
- ADR Arte
- Venice Chamber of Arbitration
- Court of Arbitration for Art (CAA)
- Netherlands Arbitration Institute (NAI)
- Authentication in Art (AiA)
- International Chamber of Commerce Paris
- Lista Pannella
- Partito Radicale
- Fluxus
- Artribune
Locations
- Rome
- Italy
- New York
- United States
- Bogotá
- Colombia
- The Hague
- Netherlands
- Paris
- France