view additional image 1
Black Scholes "Don't Take Any Wooden Nickels" An early 20th century slogan suggesting one should be careful in one's dealings. The Wooden Nickel being the focus here, as in its history, it has been issued as a commemorative, a token, a souvenir, and as real Emergency Currency. “Black Scholes”, Coin #1 of Dark Money, a series of sculptures that leverages the familiar forms of Currency and Trade to create representations of the more vaporous concepts in International Finance. Concepts that are clearly defined in Legalese and Mathematics, yet lack any coherent public description. The Black-Scholes Formula, developed by Fischer Black and Myron Scholes, represents the mathematical model of a financial market containing investment instruments with implied Neutral Risk. It assumes that the market consists of at least one risky asset, and one risk-less asset. It attempts to take an Averaged or Hedged position on a large number of these investment instruments, where the risk-less overwhelm the risky, thereby granting a AAA Rating on the overall governing instrument. Credit Default Swaps and Collateralized Debt Obligations are two of these governing instruments. These are the two primary instruments that ruined the American Dream of home ownership. As with most financial disasters, there was a warning, and Black-Scholes foretold it’s own Warning. The Volatility Smile was that Warning. Visual Narrative: Lighthouse ( Implied Guidance ) Lighthouse Beam ( Focused - keep moving or Get Burned ) Message in a Bottle ( Random Distribution of Information ) Shoal ( Navigational Obstruction, and/or, Crowd Behavior ) Fish ( Potential Abundance ) Waves (The Crowd, Bound by Indecision ) Equation ( Religion of Mathematics ) Guilloche Pattern ( Implied Credibility ) Volatility Smile ( Early Warning not headed ) Thirty Pins ( Traditional 30 year Mortgage ) Moon ( Thought to cause Madness, or Lunacy ) Brass ( The distraction of Bling ) Graphite Finish ( A Lubricant. Viscosity. Slippery ) The value of Dark Money is based on timing. When, where and under what conditions it is spent. However, as with all currency, the real value goes to those that invent and manufacture it. Black Scholes, the sculpture, is made from Mexican Royal Ebony and 260 Brass, stained with Graphite. 2.9 in / 73.6 mm in diameter, 0.7 in / 18 mm deep.
Black Scholes "Don't Take Any Wooden Nickels" An early 20th century slogan suggesting one should be careful in one's dealings. The Wooden Nickel being the focus here, as in its history, it has been issued as a commemorative, a token, a souvenir, and as real Emergency Currency. “Black Scholes”, Coin #1 of Dark Money, a series of sculptures that leverages the familiar forms of Currency and Trade to create representations of the more vaporous concepts in International Finance. Concepts that are clearly defined in Legalese and Mathematics, yet lack any coherent public description. The Black-Scholes Formula, developed by Fischer Black and Myron Scholes, represents the mathematical model of a financial market containing investment instruments with implied Neutral Risk. It assumes that the market consists of at least one risky asset, and one risk-less asset. It attempts to take an Averaged or Hedged position on a large number of these investment instruments, where the risk-less overwhelm the risky, thereby granting a AAA Rating on the overall governing instrument. Credit Default Swaps and Collateralized Debt Obligations are two of these governing instruments. These are the two primary instruments that ruined the American Dream of home ownership. As with most financial disasters, there was a warning, and Black-Scholes foretold it’s own Warning. The Volatility Smile was that Warning. Visual Narrative: Lighthouse ( Implied Guidance ) Lighthouse Beam ( Focused - keep moving or Get Burned ) Message in a Bottle ( Random Distribution of Information ) Shoal ( Navigational Obstruction, and/or, Crowd Behavior ) Fish ( Potential Abundance ) Waves (The Crowd, Bound by Indecision ) Equation ( Religion of Mathematics ) Guilloche Pattern ( Implied Credibility ) Volatility Smile ( Early Warning not headed ) Thirty Pins ( Traditional 30 year Mortgage ) Moon ( Thought to cause Madness, or Lunacy ) Brass ( The distraction of Bling ) Graphite Finish ( A Lubricant. Viscosity. Slippery ) The value of Dark Money is based on timing. When, where and under what conditions it is spent. However, as with all currency, the real value goes to those that invent and manufacture it. Black Scholes, the sculpture, is made from Mexican Royal Ebony and 260 Brass, stained with Graphite. 2.9 in / 73.6 mm in diameter, 0.7 in / 18 mm deep.
Black Scholes "Don't Take Any Wooden Nickels" An early 20th century slogan suggesting one should be careful in one's dealings. The Wooden Nickel being the focus here, as in its history, it has been issued as a commemorative, a token, a souvenir, and as real Emergency Currency. “Black Scholes”, Coin #1 of Dark Money, a series of sculptures that leverages the familiar forms of Currency and Trade to create representations of the more vaporous concepts in International Finance. Concepts that are clearly defined in Legalese and Mathematics, yet lack any coherent public description. The Black-Scholes Formula, developed by Fischer Black and Myron Scholes, represents the mathematical model of a financial market containing investment instruments with implied Neutral Risk. It assumes that the market consists of at least one risky asset, and one risk-less asset. It attempts to take an Averaged or Hedged position on a large number of these investment instruments, where the risk-less overwhelm the risky, thereby granting a AAA Rating on the overall governing instrument. Credit Default Swaps and Collateralized Debt Obligations are two of these governing instruments. These are the two primary instruments that ruined the American Dream of home ownership. As with most financial disasters, there was a warning, and Black-Scholes foretold it’s own Warning. The Volatility Smile was that Warning. Visual Narrative: Lighthouse ( Implied Guidance ) Lighthouse Beam ( Focused - keep moving or Get Burned ) Message in a Bottle ( Random Distribution of Information ) Shoal ( Navigational Obstruction, and/or, Crowd Behavior ) Fish ( Potential Abundance ) Waves (The Crowd, Bound by Indecision ) Equation ( Religion of Mathematics ) Guilloche Pattern ( Implied Credibility ) Volatility Smile ( Early Warning not headed ) Thirty Pins ( Traditional 30 year Mortgage ) Moon ( Thought to cause Madness, or Lunacy ) Brass ( The distraction of Bling ) Graphite Finish ( A Lubricant. Viscosity. Slippery ) The value of Dark Money is based on timing. When, where and under what conditions it is spent. However, as with all currency, the real value goes to those that invent and manufacture it. Black Scholes, the sculpture, is made from Mexican Royal Ebony and 260 Brass, stained with Graphite. 2.9 in / 73.6 mm in diameter, 0.7 in / 18 mm deep.
937 Views
3

VIEW IN MY ROOM

Black Scholes Sculpture

Robert Stein

United States

Sculpture, Metal on Wood

Size: 2.9 W x 2.9 H x 0.7 D in

Ships in a Box

info-circle
SOLD
Originally listed for $375
Primary imagePrimary imagePrimary imagePrimary imagePrimary image Trustpilot Score
937 Views
3

About The Artwork

Black Scholes "Don't Take Any Wooden Nickels" An early 20th century slogan suggesting one should be careful in one's dealings. The Wooden Nickel being the focus here, as in its history, it has been issued as a commemorative, a token, a souvenir, and as real Emergency Currency. “Black Scholes”, Coin #1 of Dark Money, a series of sculptures that leverages the familiar forms of Currency and Trade to create representations of the more vaporous concepts in International Finance. Concepts that are clearly defined in Legalese and Mathematics, yet lack any coherent public description. The Black-Scholes Formula, developed by Fischer Black and Myron Scholes, represents the mathematical model of a financial market containing investment instruments with implied Neutral Risk. It assumes that the market consists of at least one risky asset, and one risk-less asset. It attempts to take an Averaged or Hedged position on a large number of these investment instruments, where the risk-less overwhelm the risky, thereby granting a AAA Rating on the overall governing instrument. Credit Default Swaps and Collateralized Debt Obligations are two of these governing instruments. These are the two primary instruments that ruined the American Dream of home ownership. As with most financial disasters, there was a warning, and Black-Scholes foretold it’s own Warning. The Volatility Smile was that Warning. Visual Narrative: Lighthouse ( Implied Guidance ) Lighthouse Beam ( Focused - keep moving or Get Burned ) Message in a Bottle ( Random Distribution of Information ) Shoal ( Navigational Obstruction, and/or, Crowd Behavior ) Fish ( Potential Abundance ) Waves (The Crowd, Bound by Indecision ) Equation ( Religion of Mathematics ) Guilloche Pattern ( Implied Credibility ) Volatility Smile ( Early Warning not headed ) Thirty Pins ( Traditional 30 year Mortgage ) Moon ( Thought to cause Madness, or Lunacy ) Brass ( The distraction of Bling ) Graphite Finish ( A Lubricant. Viscosity. Slippery ) The value of Dark Money is based on timing. When, where and under what conditions it is spent. However, as with all currency, the real value goes to those that invent and manufacture it. Black Scholes, the sculpture, is made from Mexican Royal Ebony and 260 Brass, stained with Graphite. 2.9 in / 73.6 mm in diameter, 0.7 in / 18 mm deep.

Details & Dimensions

Sculpture:Metal on Wood

Original:One-of-a-kind Artwork

Size:2.9 W x 2.9 H x 0.7 D in

Shipping & Returns

Delivery Time:Typically 5-7 business days for domestic shipments, 10-14 business days for international shipments.

Robert Stein III began his art career getting busted by his third grade elementary school teacher for selling pencil drawings of dragons to his classmates. It wasn't that there was anything particularly wrong with dragons, or pencil drawings, but it was the fact that I was selling them. These drawings were going for the amazingly low low price of three cents, which coincidently was the going rate for school milk. Mothers were outraged that I was manipulating their nose drippy offspring out of their daily bovine nutritional intake, and they employed my teacher as their agent of retribution. It took several years of living in Morocco, Spain and Germany, studying Art History and drawing/painting on location to recover from that early trauma. I graduated from collage with a BFA in Illustration before computers were readily available for the graphic arts. Hired out of school as Lead Illustrator for Banana Republic, I was a significant contributor to the look and feel of their hand painted catalog in the mid ‘80’s, and we advanced it to the level of Award Winning “Coffee Table Catalogue” whose client address value was second only to Sacks Fifth Avenue’s. Entering the digital realm was more of an investment in the future, as the limited sixteen-color palette of early graphics cards offered none of the visual fidelity that I had been accustomed to as a painter. This investment paid off when I joined Trilobyte, and I was again able to significantly contribute to the overall look and success of the breakthrough CD-Rom games “The 7th Guest” and “11th Hour”. Statement; The digital tools of today offer the artist a hybrid environment where sculpture, painting, animation and photography coexist in a manner that allows the artist to cross pollinate techniques. “After more than a decade of creating production art, I would like to return to my roots while making use of the digital production techniques that I feel add to the creative process. I would describe my current work as Cross Pollinated Contemporary.” My current explorations surround the Dualities of life and how they both conflict and complement.

Thousands Of Five-Star Reviews

We deliver world-class customer service to all of our art buyers.

globe

Global Selection

Explore an unparalleled artwork selection by artists from around the world.

Satisfaction Guaranteed

Our 14-day satisfaction guarantee allows you to buy with confidence.

Support An Artist With Every Purchase

We pay our artists more on every sale than other galleries.

Need More Help?

Enjoy Complimentary Art Advisory Contact Customer Support

Related Searches

maddnesscoincurrencyfinancefinancialdark moneyinvestmentshoallunacyblack scholeswooden nickel