Here we are dealing with the same person. The one on the left reads as Rrose Sélavy. The signature on the right is M Duchamp’s. In its lower corners you’ll find two signatures of company administrators, which is usually a legal requirement. Let’s have a look at the signatures on the Monte Carlo bond. The signatures of Marcel Duchamp and Rrose Sélavy. The one mentioned on the certificate must have been shocking. During the mid twenties, long term bond interest rates in France were about 6 to 8%. Upon further investigation you’ll find out that there is something special going on with these certificates.įirst of all, repeated in green ink in a continuous pattern in the underprint, you’ll find a pun “moustiques domestiques demi-stock” (domestic mosquitoes half-stock). One of the only eight bond with a legal stamp. Only eight, possibly less, bearing a legal stamp, were “issued” to some of his close friends as personal loans or as an early form of crowdlending certificates. The artist planned to produce thirty of these bonds.
To finance increased wagers, Duchamp created bonds of 500 francs, repayable over a three-year period at 20% interest rate. Duchamp worked out a system which he could apply to the roulette tables of Monte Carlo.
Possibly the logic and mathematical concepts behind the chess game sparked his interest for the roulette game. His fascination with the game distressed his first wife so much that at some point she glued his pieces to the chessboard. He became a good player and even wrote about chess. Since childhood Duchamp’s family introduced him to the game of chess. His Belle Haleine – Eau De Voilette, a readymade of a perfume bottle, created in 1921 with the help of Man Ray, sold at Christie’s New York in Feb 2009 for $11,406,900. He introduced readymades, ordinary manufactured objects that he modified to combine creativity with criticism.įountain, one of his most discussed and controversial works, was a readymade of a porcelain urinal presented with an altered orientation. His sister Suzanne was also a painter, and his brother Raymond a sculptor.ĭuchamp pioneered in the field of plastic arts, conceptual art and kinetic art. His brother Gaston aka Jacques Villon became a famous painter. He was born in Blainville-Crevon, a farming village in Normandy, France. Marcel Duchamp (1887-1968) is one of the most revolutionary and influential artists of the 20th century. The painting is located at the Philadelphia Museum of Art. Marcel Duchamp finished his Nude Descending a Staircase, No. This in itself is a fantastic result, but it was eclipsed by an even more spectacular sale: Marcel Duchamp’s Monte Carlo bond. It sold in the University Archives May 2020 auction for US$85,000 without premium. Issued in 1720 the document was signed by one of the most influential scientists of all time Isaac Newton.
One of the highest auction sales in 2020 was a subscription for shares in the South Sea Company.
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