{"id":830,"date":"2006-01-11T08:49:18","date_gmt":"2006-01-11T16:49:18","guid":{"rendered":"http:\/\/www.artsjournal.com\/artfulmanager\/wp\/2006\/01\/instead_of_asking_for_money_le\/"},"modified":"2006-01-11T08:49:18","modified_gmt":"2006-01-11T16:49:18","slug":"instead_of_asking_for_money_le","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/artfulmanager\/main\/instead_of_asking_for_money_le.php","title":{"rendered":"Instead of asking for money, let’s just make our own"},"content":{"rendered":"

A fascinating initiative out of Denmark is working to forge a new international currency out of art (not a metaphorical currency, but an actual tradable commodity). Art Money<\/a> can be used to buy goods and services (admittedly, not in very many places), and each unit of the money has a defined cash value. According to the web site:<\/p>\n

Art money is an original art object measuring 12×18 cm, issued by an artist registered in BIAM [the Bank of International Art Money], showing serial number, year of production, artist name and original signature. Each bill represents a purchasing power equal to 20 Euro, increasing in value to 50 Euro over seven years.<\/em><\/p><\/blockquote>\n

The project is a more ambitious and structured version of something many artists have done in the past — like J.S.G. Boggs<\/a>, who got into some trouble with the U.S. Mint for his creations, or Alec Thibodeau’s Noney<\/a> which intentionally has a face value of zero, since the actual value is negotiated at the point of sale. It’s a wonderful reminder that currency is among our most persistent and invisible cultural objects — valuable only because both sides in a transaction believe it to be.<\/p>\n

If nonprofit arts organizations embraced this idea, perhaps someday banks and affluent individuals would be coming to us<\/em> for cash.<\/p>\n","protected":false},"excerpt":{"rendered":"

A fascinating initiative out of Denmark is working to forge a new international currency out of art (not a metaphorical currency, but an actual tradable commodity). Art Money can be used to buy goods and services (admittedly, not in very many places), and each unit of the money has a defined cash value. According to […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-main","7":"entry"},"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts\/830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/comments?post=830"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts\/830\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/media?parent=830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/categories?post=830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/tags?post=830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}