Artist Creates a New Kind of Credit

October 28, 2009 | Brooklyn, New York | Vetting explained

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Last updated: October 29, 2009

CNN producer note

TedStanke told me, 'I hope that this can serve as an inspiration to others, and to help us look at money in terms of something that can be transformed for the better.'
- hhanks, CNN iReport producer

iReport —

As an artist weathering the economic crisis in NYC, you have to be pretty imaginative to get ahead. Since no bank would be willing to issue me a creditline, I've decided to take matters into my own hands. Here I have created 2 credit cards, a Visa and a Mastercard, from chopped up coins. My new credit limit will be determined by the highest bid on Ebay.

more info: http://tedstanke.blogspot.com/2009/10/time-to-take-creditvisa-vs-mastercard.html

I call this type of art "MoneyMorphosism". The premise involves re-valuing the currency from the bottom up by turning near-worthless pocket change into priceless art. In this time of a plummeting Dollar, making art like this is true patriotism, and represents a sound investment for any collector.

This work is up for sale here: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=110451185634

The E-bay Auction format is perfect for distributing this new type of art, as private collectors from around the world will set the value themselves. Their purchase is a sound investment, and I actively encourage re-selling on Ebay as my notoriety as an artist increases.

see more art at http://www.TedStanke.com

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