Project: Speculation(2011-12)

Description: A financial experiment by an impoverished artist.

Speculation:

1. The contemplation or consideration of some subject.
2. A single instance or process of consideration.
3. A conclusion or opinion reached by such contemplation.
4. Conjectural consideration of a matter; conjecture or surmise.
5. Engagement in business transactions involving considerable risk but offering the chance of large gains, especially trading in commodities, stocks, etc., in the hope of profit from changes in the market price.

This experiment raises the issue of word vs matter, or speech vs action, which is one of the keys for understanding what�s going on in the world these days. The issue of Speculation is the issue of where the whole economic system of the world becomes dependent on pure discourse and is no longer rooted in action, or outcomes, or outputs or objects of tangible reality.

�It is the world of words that creates the world of things.� Lacan, 1977

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Tails coin 01-50. Bottom of packaging. SPECULATION

by Yoad David Luxembourg (2012)

A financial experiment by an impoverished artist.

Here the artists speculates over the value of his work which happens to made of real money. For the purpose of this experiment, with the help of local bank facilities, the artist has changed the value of 2.5 Euros for 50 coins valued at 5 Euro cents each. Using a waterproof black pen, he then placed his signature on each of these coins and marked them serially from 1/50 to 50/50. Afterward the artist packed each coin within a luxurious packaging and added �if found please return this item to:� label at the bottom of each box.

Finally the artist has randomly chosen 4 of these items and 'lost' them at strategic locations. At first he waited for someone to return these items to him, after a while he tried to retrieve them more actively. The remaining items he wishes to sells for the highest price possible.

Presented here are the remaining items, their price tags and 'lost, found & sold' reports. Through this series of these forms the viewer is invited to follow chronicles of these items through loss, retrieval and sale.
report coin 01-50. report coin 02-50. coin 03-50. coin 04-50. coin 03-50. coin 03-50. report coin 07-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. report coin 14-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. report coin 26-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 03-50. coin 41-50. coin 42-50. report coin 43-50. coin 44-50. coin 45-50. report coin 46-50. coin 47-50. coin 48-50. coin 49-50. coin 50-50. 33. Speculation (2012)

Design, & Concept: Yoad David Luxembourg
Photography: David Luxembourg

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