IS THAT A MONEY-T? Sculpture Made From 1 Million EUR 1 Cent Coins Goes On Show

A sculpture made of 1 million EUR 1 cent coins worth EUR 100,000 and weighing up to four tonnes has been set up in the heart of the Austrian capital Vienna.

The purported aim is to raise awareness about solidarity.

Artist Julia Bugram glued the coins together as a pair of hands holding on to each other as a way of raising awareness of the need for solidarity.

Cathedral priest Toni Faber (left), Mayor Michael Ludwig (center left), artist Julia Bugram (center right) and district leader Markus Figl (right) presenting the artwork ‘Rasing Hands’ at Vienna’s Stephansplatz in April 2022. (Kathpress, Henning Klingen/Newsflash)

The hefty work of art has been installed next to St Stephen’s Cathedral (Stephansdom) in the centre of Vienna and it will remain there until at least June. It was unveiled in the presence of Cathedral priest Toni Faber, the Mayor of Vienna Michael Ludwig (Social Democratic Party), as well as district mayor (Bezirksvorsteher) Markus Figl and Julia Bugram, on Tuesday, 5th April.

Newsflash obtained a statement from the organisation behind the sculpture, Raising Hands, and they said that the coins alone weigh 2.3 tonnes.

After adding the weight of the glue and the pedestal, the whole structure is believed to weigh between three and four tonnes.

Cathedral priest Toni Faber (left), Mayor Michael Ludwig (center left), artist Julia Bugram (center right) and district leader Markus Figl (right) presenting the artwork ‘Rasing Hands’ at Vienna’s Stephansplatz in April 2022. (Kathpress, Henning Klingen/Newsflash)

Raising Hands explained: “However, the focus of the project is not on the money, but on working together and strengthening the community, overcoming hurdles together and making this solidarity visible through art.”

Raising Hands, who say they stand for “cohesion in society”, added: “Participation and the idea of solidarity are the focus.

“Raising Hands works on the principle of inclusion – everyone is invited to come together to form a community.

Sculpture of one million 1-cent coins was made in Stephansplatz in April 2022. (Jolly Schwarz/Newsflash)

“Raising Hands makes the impossible possible.

“Processing 2.3 tonnes of coins is almost impossible for one person alone. Through cohesion in the community, the best results are often achieved and also the initially impossible.”

“Every contribution counts. No matter in what form.”

Sculpture of one million 1-cent coins was made in Stephansplatz in April 2022. (Jolly Schwarz/Newsflash)

Creator Julia Bugram, is an interdisciplinary artist working with graphics, installation and objects who lives and works in Vienna.

Raising Hands said: “Julia has experience in artistic project management and crowdfunding.

“Cross -discipline collaboration with other artists and experts from a wide variety of fields is a feature of their approach to finding new ideas and solutions for their work.”

Sculpture of one million 1-cent coins was made in Stephansplatz in April 2022. (Jolly Schwarz/Newsflash)

In terms of raw materials used, it is of course not the most expensive piece of contemporary art ever created.

That record belongs to UK artist Damien Hirst and his For the Love of God piece, a human skull encrusted with GBP 12 million (USD 15.6 million) worth of diamonds.