An Artist Placed a Cube Made From $11.7 Million Worth of Gold in Central Park—Protected By Its Own Security Detail
The German artist Niclas Castello is, of course, launching a cryptocurrency alongside the physical work.
This morning, joggers in New York’s Central Park may have come across a curious, rather illustrious sight. A cube composed of 400 pounds (186 kilograms) of pure 24-karat gold, conceived by the German artist Niclas Castello who has billed it as a conceptual “socle du monde” (base of the world) sculpture for our time, was wheeled out to the Naumburg Bandshell this morning at around 5 a.m.
Although the work is not for sale, according to the artist’s team, based on the current price of gold at $1,788 per ounce, its material worth is around $11.7 million. Flanked by a heavy security detail, the 410-pound work is set to be displayed in the park until the day’s end. ...
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