Calle José Maria Larroque #273
2do Piso Int 6 Colonia Federal
Tijuana, Baja California
Mexico CP 22300
MEX: 044(644)210-0140
USA: 1(213) 804-2007

EMAIL: info@luivelazquez.org

FOR IMMEDIATE RELEASE
Monday, March 26, 2007

 

 

Peter Simensky, Neutral Capital (NC 100 case edition), 2005, collaged currencies reprinted in ink on paper in aluminum attaché on glass and steel table, 2,000 bills in each of 6 limited editions, dimensions variable.



Peter Simensky, Neutral Capital Collection (open view), 2005–, Portable art collection and gallery in collapsible shipping crate, 96 x 36 x 88”.

Including Artists: Katia.Bassanini, Pattie Lee Becker, Daniel Bozhkov, Patty Chang, Terry Chatkupt, Peter Coffin, Jules Debalincourt, Erica Eyres, Jonah Freeman, Harrell Fletcher, Rashawn Griffin, Mike Henry, Beth Howe, Timothy Hutchings, James Hyde, Ezra Johnson, Noah Klersfeld, Daniel Lefcourt, Jose Rodriguez Lerma, Michael Mahalchick, Melissa Martin, Karyn Olivier, Clifford Owens, Greg Smith, Jenny Vogel, Nari Ward, Karla Wozniak, and Yuh-Shioh Wong.

 
 

Peter Simensky, Neutral Capital Collection (details) 2005–, Portable art collection and gallery in collapsible shipping crate, 66 x 36 x 44” – 96 x 36 x 88”.

Details include work by Nari Ward, Peter Coffin, Ezra Johnson, Karla Wozniak, and Pattie Lee Becker.

 

Cerca Series: Peter Simensky
with Artist-in-Residence: Peter Simensky

Residency dates: 4/09-4/23

Exhibition: July 21 - September 23, 2007, MCASD, 1001 Kettner
Opening: TNT @ MCASD, dates tbd

Peter Simensky’s work investigates the nature of value and it’s accretion. Through investment and collection the works offer parallels between the world of global finance and the highly charged art market. Editions of Simensky’s alternative currency, Neutral Capital, first debuted with the Swiss Institute of Contemporary Art at the 2005 Armory Show in New York. Neutral Capital bills are collaged by hand from unstable global currencies bought at market value, then printed in limited editions. At the Armory, art collectors bought attachés containing Neutral Capital and used it to shop at various participating galleries thus creating a concurrent market and commodity. Neutral Capital functions both as art and commerce – cohabitating in a territory where the distinction between the two blur. It addresses the often changing parameters of value and the interchange of possibility that exists in all things that experience fortune and decline.

Like art holdings from other well–known financial institutions such as CitiBank, UBS, and Deutsch Bank – Neutral Capital has been using its surplus cash to acquire artworks for its own collection. The collection is housed in a series of shipping crates that hinge and unbolt to open into refined compact interiors with all the necessary attributes of other large galleries. Its collection includes work by an international roster of artists with prominent works in all media.

Extending from his work with currency and collection, Simensky’s proposed project in the Tijuana / San Diego area likewise explores an activity of economic speculation. This work will investigate local articles and historical idioms that link the trade of material to perceived object valuation. Central to this objective will be uses of transformation in the creation of value and the power of promise.

Peter Simensky
Peter Simensky is a New York based artist.  His recent exhibitions include solo projects with the Swiss Institute of Contemporary Art, NYC (2005,) and Project Row Houses, Houston (2005), as well as numerous group shows at various public and for profit venues including Palais de Tokyo, Paris (2007), Samson Projects, Boston (2006, 2004), Socrates Sculpture Park, NYC (2005), Andrew Kreps Gallery, NYC (2005), Columbia University’s, Robert Neiman Gallery, NYC (2005), YEAR, NYC (2005), Exit Art, NYC (2003) and Rare Gallery, NYC (2003). Currently he is preparing an exhibition at the Museum of Contemporary Art, San Diego for their CERCA Series. His work has been reviewed in the New York Times, the New Yorker Magazine, NY Arts Magazine, and the Brooklyn Rail. He is a graduate of Hunter College, CUNY and UC Berkeley.


Cerca Series: Peter Simensky
con Artist-in-Residence: Peter Simensky

Residency dates: 4/09-4/23

Exhibition: July 21 - September 23, 2007, MCASD, 1001 Kettner
Opening: TNT @ MCASD, dates tbd

La obra de Peter Simensky parte de la investigación entorno a la naturaleza del valor económico, así como del incremento del mismo.

A través de las estrategias de inversión y coleccionismo su obra ofrece lecturas paralelas entre el mundo financiero global y el hiper valuado Mercado del arte.

Su proyecto consiste en la edición de un tipo de moneda alternativa que Simensky ha denominado Capital Neutral; ésta debutó con el apoyo del Instituto Suizo de Arte Contemporáneo en el Armory Show de 2005 en la ciudad de Nueva York.

Los biletes Capital Neutral han sido hechos a mano a modo de collage, empleando otras monedas globales “inestables”, adquiridas en el Mercado de valores, y luego impresas en ediciones limitadas.

Durante el Armory show de 2005, los colecccionistas de Arte adquirieron lotes de Capital Neutral para despues emplearlos como moneda para adquirir obras de arte en diferentes galerías participantes, al hacerlo, convirtieron el proyecto de Simensky simultáneamente en un bien económico y en un Mercado. 

De este modo Capital Neutral funciona igualmente como arte y comercio-cohabitando en un territorio donde la distinción entre ambos es nebuloso, borroso. Al hacerlo, Simensky interpela con los movedizos parámetros del valor y del intercambio que existen en todos los fenónemos que experimentan tanto la fortuna como el declive.                                                                                            

Imitando los modos de operación de otros acervos artísticos propiedad de conocidas instituciones financieras tales como CityBank/Banamex, UBS y el Banco Alemán; el proyecto Capital Neutral ha empleado el excedente de su valor económico para adquirir otras obras de arte, y con ello crear una colección propia.

Esta colección es resguardada en una serie de contenedores desplegables que  funcionan como galerías compactas es las que se exhiben obras de arte, de diversos medios,  de prominentes artistas internacionales.

Como extensión al trabajo Capital Neutral, moneda y colección de arte, Peter  Simensky ha propuesto un proyecto en las inmediaciones del area Tijuana / San Diego, para explorar la actividad de la especulación económica. Este proyecto tiene como objetivo la investigación de artículos locales y de idiomas históricos que conectan el comercio material y el proceso de valoración de los objetos. Como aspecto central a este objetivo, se encuentran los usos de la transformación en la creación del valor y el poder de la promesa.

Peter Simensky
Peter Simensky is a New York based artist.  His recent exhibitions include solo projects with the Swiss Institute of Contemporary Art, NYC (2005,) and Project Row Houses, Houston (2005), as well as numerous group shows at various public and for profit venues including Palais de Tokyo, Paris (2007), Samson Projects, Boston (2006, 2004), Socrates Sculpture Park, NYC (2005), Andrew Kreps Gallery, NYC (2005), Columbia University’s, Robert Neiman Gallery, NYC (2005), YEAR, NYC (2005), Exit Art, NYC (2003) and Rare Gallery, NYC (2003). Currently he is preparing an exhibition at the Museum of Contemporary Art, San Diego for their CERCA Series. His work has been reviewed in the New York Times, the New Yorker Magazine, NY Arts Magazine, and the Brooklyn Rail. He is a graduate of Hunter College, CUNY and UC Berkeley.

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Located in Tijuana, Mexico, Lui Velazquez facilitates critical perspectives on contemporary cross-disciplinary issues, practices and events by inviting artists, producers and others to participate in short-term residencies. In addition to a regional portfolio registry, Lui also maintains a film and video archive accessible for viewing and curating.