Burn a Million Quid - K Foundation
Out of context: Reply #23
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- kezza_20
I thinks what's quite interesting is peoples reaction to it 15 years on. You have to judge it in the cultural void that the mid 90's were in England. It really stood out massively against all the dross that was about. They broke the way for all the Hursts and all them to come through. Trail blazers.
I love this idea for example
On 23 November 1993, the K Foundation presented their first artwork to the press. Nailed To A Wall, "the first of a series of K Foundation art installations that will also include one million pounds in a skip, one million pounds on a table and several variants on the theme of Tremendous Amounts Of Folding", consisted of one million pounds in £50 notes, nailed to a large framed board. Nailed To A Wall had a reserve price of £500,000, half the face value of the cash used in its construction, which Scotland on Sunday's reporter Robert Dawson Scott was "fairly confident... really was £1 million [in cash]". The catalogue entry for the artwork stated: "Over the years the face value will be eroded by inflation, while the artistic value will rise and rise. The precise point at which the artistic value will overtake the face value is unknown. Deconstruct the work now and you double your money. Hang it on a wall and watch the face value erode, the market value fluctuate, and the artistic value soar. The choice is yours."
I think they were all about making a point at the time in the UK, which now, given the times, looks insane.
But to young bucks like ma at Art school, they were the first people who show the way to something different.