J.S.G. Boggs “Boggs began “spending” [the bills he drew] for face value - he would draw an elaborate note denominated $10 in exchange for $10 worth of goods. Soon after, no doubt in part because of the high quality of illustrations, Boggs notes became very collectible - however, Boggs refused to sell his notes directly to collectors. He preferred to exchange his money for goods, at restaurants, bars and shops, and then tell the collectors where to hunt for the Bogg notes.” From the cool (but sadly defunct) blog Pennylicious. From Wikipedia: “Any person who gets a Boggs note can usually sell it for much more than its face value: a $10 Boggs note may be worth more than $1,000. Any person who knows about Boggs is likely to accept a Boggs note; for this reason, Boggs prefers to spend his art with people who are unfamiliar with his work. He likes people to make a conscious choice to accept art instead of money, and their knowing how much money his art is actually worth spoils it.” For more, read Lawrence Weschler’s great book about the guy, Boggs.

J.S.G. Boggs

“Boggs began “spending” [the bills he drew] for face value - he would draw an elaborate note denominated $10 in exchange for $10 worth of goods. Soon after, no doubt in part because of the high quality of illustrations, Boggs notes became very collectible - however, Boggs refused to sell his notes directly to collectors. He preferred to exchange his money for goods, at restaurants, bars and shops, and then tell the collectors where to hunt for the Bogg notes.”

From the cool (but sadly defunct) blog Pennylicious.

From Wikipedia:

“Any person who gets a Boggs note can usually sell it for much more than its face value: a $10 Boggs note may be worth more than $1,000. Any person who knows about Boggs is likely to accept a Boggs note; for this reason, Boggs prefers to spend his art with people who are unfamiliar with his work. He likes people to make a conscious choice to accept art instead of money, and their knowing how much money his art is actually worth spoils it.”

For more, read Lawrence Weschler’s great book about the guy, Boggs.