Sax Impey included in 'Cash is King - The Art of Defaced Banknotes’ at the Saatchi Gallery
Sax Impey was included in the controversial exhibition 'Cash is King’ at the Saatchi Gallery.
The exhibition featured works of art executed on global currency. The exhibition took place at the Saatchi Gallery from 30 August to 8 September 2018.
This remarkable exhibition showcased a unique collection of defaced money art that was sent in from all over the world for inclusion in the ground-breaking 'Cash is King' book which was also launched at The Saatchi Gallery alongside the exhibition.
In the late 18th century it was a capital offence, punishable by death, to forge or alter a banknote.
The introduction of low denomination paper money meant that banknotes were no longer exclusively circulated among the wealthy and educated classes.
With the poor now having free access to banknotes there was an increase in the number of forgeries and the often innocent exchange of outlaw cash by those with low literacy levels.
Old Bailey trials record that between 1804 and 1834, fifty eight people were hung for counterfeiting offences with hundreds more transported to Australia for being in possession of illegal banknotes.
Under the terms of the 1928 British Currency and Banknotes Act it continues to be a criminal offence to deface any Bank of England note.
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