Later this month, Sydney-based artist Denis Beaubois' Currency, 2011 goes under the hammer at Deutscher and Hackett's August Fine Art Auction. The work consists of two sections of uncirculated Australian banknotes with a face value of AUD20,000, presented as a sculptural object for auction. Beaubois sees the auctioning of Currency as a key part of completing the work.
The material for the work (ie cash) was sourced from a New Work- Established grant from the Visual Arts and Craft section of the Australia Council for the Arts.
So how will it do on the night? Auction house director Damien Hackett believes the concept has added an intangible value to the work and that it has the potential to fetch more than its face value.
Image: Denis Beaubois' Currency, 2011