For his art piece Palindrome, the artist Mario Asef created a methodical monetary exchange that questions the processes that enable money to produce even more money. He wrote a check of 100.001 € from his own bank account. This simple act of writing a check allowed him to connect to the monetary system. The figure 100.001 graphically depicts an anagram and also denotes also the palindromic movement of the exchange of bonds.

At the point the check is incorporated into the art market, the artwork can be purchased for exactly 100.001 €. When the art work is purchased, the money will be transferred to a special private account of the artist, and by cashing the check the collector can reclaim the money paid by the end of the transaction year. This act however would then annihilate the art piece – and the cycle would restart from the beginning.

Yet, an alternative development is possible. If the collector keeps the check – the art piece – and incorporates it into his collection, the value of the check will increase and the art work will thus become more valuable than the noted/written price on the check itself. This would break the vicious circle of the palindrome and would kick off the ‘money making machine’.

photos