Devaluation: $21
Devaluation - $20 Bill and Devaluation - $1 Bill oil on canvas 8 by 18 inches each Two oil on canvas paintings depicting a low resolution $20 bill and $1 bill. Painting "low resolution" images is a long running series for me going on for years; I know it goes back to my days making video games in the 90's working in Dpaint at 16 bit resolution. There is something fascinating and "impressionistic" about the result because counterintuitively the further away you are, the dimmer the light, the more you squint your eyes the more you can make out what it is you're looking at. It is for this reason I find them visually interesting to paint, and also conceptually interesting because the low resolution pixelization of the image we commonly think of as 'money' visually expresses the concept of currency devaluation and the Economics of "It's a wazzie its a woozie it's a [whistles] Fairydust. It doesn't exist. It's never landed. It's No Matter. It's not on the elemental chart. It's Not Fuckin' Real!" Sold as a diptych. They are stretched and the sides painted neutral grey. They are unframed.
Devaluation - $20 Bill and Devaluation - $1 Bill oil on canvas 8 by 18 inches each Two oil on canvas paintings depicting a low resolution $20 bill and $1 bill. Painting "low resolution" images is a long running series for me going on for years; I know it goes back to my days making video games in the 90's working in Dpaint at 16 bit resolution. There is something fascinating and "impressionistic" about the result because counterintuitively the further away you are, the dimmer the light, the more you squint your eyes the more you can make out what it is you're looking at. It is for this reason I find them visually interesting to paint, and also conceptually interesting because the low resolution pixelization of the image we commonly think of as 'money' visually expresses the concept of currency devaluation and the Economics of "It's a wazzie its a woozie it's a [whistles] Fairydust. It doesn't exist. It's never landed. It's No Matter. It's not on the elemental chart. It's Not Fuckin' Real!" Sold as a diptych. They are stretched and the sides painted neutral grey. They are unframed.
Known for his Banks on Fire paintings, Alex Schaefer has long treated finance as a subject of public reckoning. Here, that same distrust is compressed into the low-resolution image of the dollar itself, where pixelation becomes both visual strategy and allegory of devaluation. The result is a painting in which money remains recognizable, but only as something blurred, unstable, and increasingly unreal.
oil on canvas, 8 by 18 inches each
Part of Collection
Auction
Devaluation: $21
Winning Bid
₿0.03
≈ $3,000
🏆 Auction Won
Won by Highest Bid

Highest Bidder
(payment pending..)
tommy
Auction
Devaluation: $21
Winning Bid
₿0.03
≈ $3,000
🏆 Auction Won
Won by Highest Bid

Highest Bidder
(payment pending..)
tommy
Bid History
10+ bids
👑tommy
17d ago
₿0.03
🏆 Winner
(payment pending)
Franklin Romine
18d ago
₿0.029
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tommy
18d ago
₿0.028
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Franklin Romine
18d ago
₿0.027
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tommy
18d ago
₿0.026
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Franklin Romine
18d ago
₿0.025
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tommy
18d ago
₿0.024
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Franklin Romine
18d ago
₿0.023
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tommy
18d ago
₿0.022
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Franklin Romine
18d ago
₿0.021
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