The Neutral Capital currency and Neutral Capital Collections parallel the banking industrys practices of currency rating, economic speculation, and
investment through art collecting and display. In 2005, Peter Simensky initiated Neutral Capital with the Swiss Institute Of Contemporary Art for the
Armory Show in New York. Sampling bills from countries with unstable economies, he created a set of hand-collaged bills that were later printed and
used as currency for collectors and art dealers to purchase art works. Based on trust and speculation, Simensky began compiling his own collections with
an international roster of artists whom have traded their art for Neutral Capital. These pieces are housed in movable galleries-in-a-box and include the
Neutral Capital Collection I and II. 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.
“Situated in these moments of slippage and interchange, Simenskys projects evidence the volatility of art objects which are, on one level, cash with which
to trade and invest, and on the other, artthe mysterious objectification of reflection, imagination, desire, and promise.”
Lucia Sanroman, Museum of Contemporary Art San Diego.