Pep Agut

(Terrassa, 1961)

Hèrcules (Autoretrat en devaluació econòmica i plusvàlua cultural), 2007

Legal contract, pencil drawing, digital print mounted on engraved cardboard covers. The contract was realized in collaboration with the law firm Enrich Advocats.
PDF

Hercules is a legal contract that sets the conditions of the sale, dissemination and image rights contained therein. It proposes to collectors an original acquisition price of 7,000 € and describes the process that will be initiated: a devaluation of the work due to its successive re-edition and selling to lower prices until it achieves a completely devalued net worth (49€ for the work needed to produce the piece, priced in accordance with the minimum interprofessional salary set by the state of Spain). Every contract is signed by the artist and the collector. The contract, also regulates the cession of rights of dissemination and of the image rights in general. It offers as compensation to the collectors (8 in total) a relative gain in the cultural value of the piece by way of its sale to other collectors and museums. The first contract was acquired as payment by the law firm that wrote it. The last was acquired by MNCARS, Museo Riena Sofía, Madrid.

 

Detail view of the contract / Vista-detalle del contrato (Hèrcules, Pep Agut)

Signature of the first contract / Firma del primer contrato (Hèrcules, Pep Agut)

Signature of the first contract / Firma del primer contrato (Hèrcules, Pep Agut)

Signature of the first contract / Firma del primer contrato (Hèrcules, Pep Agut)

View of the contract in its display case / Vista del contrato en su vitrina

Contract’s folder and cover / Carpeta y tapa del contrato