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Tiny Jane Austen Engraving Added By Graham Short To A Few British £5 Notes

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Pauldog's Avatar
United States
325 Posts
 Posted 04/07/2019  02:32 am Show Profile   Bookmark this topic Add Pauldog to your friends list Get a Link to this Message Number of Subscribers
News from 2016, but I don't think it's been mentioned here before:

https://news.artnet.com/art-world/a...rency-784904


Micro-engraver Graham Short, known for his almost impossibly-tiny works of art, has engraved five £5 notes with a minuscule portrait of Jane Austen.

After increasing their value to an estimated £50,000 ($62,000)—Short claims similar of his drawings have been insured for that amount—the 70-year-old artist and his gallery, Tony Huggins-Haig Gallery of Kelso, Scotland, surreptitiously spent four of them in England, Wales, Scotland, and Northern Ireland. A fifth bill was donated by the artist to the Jane Austen Society.
Edited by Pauldog
04/07/2019 05:19 am
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augsburger's Avatar
Germany
1062 Posts
 Posted 04/13/2019  02:53 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
Basically evidence that a lot of the "higher end" art is mostly just about selling yourself.

The value of these notes are £5 no matter how much people decide they're worth more. However he insures them, and then claims they're worth £50,000 because he insured them for that much. Then the papers pick up on it and tell everyone this is how much they're worth. Then people go crazy and wouldn't dream of selling them for less than £50,000. Then some silly person with more money than sense then buys it.

All of a sudden they're worth £50,000 simple because people decided it would be so.
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