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First Look: Hans-Peter Feldmann Hangs $100,000 in Dollar Bills on the Walls of the Guggenheim Museum

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. Via 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."

It took museum art handlers roughly 13 days to pin the out-of-circulation bills to the wall and to condense the surface area required by so much currency the dollars were slightly overlapped. The exhibition will be up May 20–November 2, 2011. The photographs above by David Heald were provided courtesy the Solomon R. Guggenheim Foundation, New York.

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