Last November German conceptual artist Hans-Peter Feldmann was named the winner of the eighth Biennal Hugo Boss Prize, a bi-annual award bestowed by the Solomon R. Guggenheim Foundation for significant achievement in contemporary art, with an attached honorarium of $100,000. In a unique gesture to the museum Feldmann proposed the idea of creating an installation that would involve tacking 100,000 $1 bills to the walls of a large gallery off the Frank Lloyd Wright ramp.
He said in an interview to the NY Times:
“I’m 70 years old, and I began making art in the ’50s,” Mr. Feldmann said in a telephone interview from his studio in Düsseldorf. “At that time there was no money in the art world. Money and art didn’t exist. So for me $100,000 is very special. It’s incredible really. And I would like to show the quantity of it.”
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